Americans Are Moving To These States In Droves To Save Money

According to a report from the personal finance website WalletHub, Americans are moving to states with the lowest cost of living to find a better quality of life.

Utah is the state with the lowest cost of living overall, followed by Florida and Nevada.

Alaska came in last place on the list, with New Hampshire ranking as the state with the highest cost of living.

What Factors Affect The Cost Of Living?

One of the most critical factors affecting the cost of living is the cost of goods and services.

Alaska and Hawaii are consistently ranked as one of the highest cost-of-living states due to the expense of getting goods shipped to them.

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