The most—and least—expensive U.S. states based on average monthly costs


Bill pay service doxo released its 2023 United States of Bill Pay: State by State Bill Pay Market Report this week, which breaks down comparative household costs across the country.

The report focused on the ten most common household bill categories:

  • Mortgage
  • Rent
  • Auto loan
  • Utilities (electric, gas, water & sewer, and waste & recycling)
  • Auto insurance
  • Cable, internet and phone
  • Health insurance
  • Mobile phone
  • Alarm and security
  • Life insurance

Doxo found that the average U.S. household spends $2,046 monthly and $24,557 annually on these costs. It ranked the most and least expensive states for Americans to live in based on average spending per month on actual household bill payments.

No. 1 most expensive U.S. state based on monthly costs: Hawaii

Hawaii residents spend $3,070 each month — 50% above the national average of $2,046 — which makes it the No. 1 most expensive U.S. state based on the cost of household bills.

The doxo report found that the average monthly bill for a mortgage in Hawaii is $2,247, while the average rent is $1,856.

In CNBC’s 2022 America’s Top States for Business study, Hawaii ranked as the most expensive state to live in based on an index of prices for a range of goods and services. Located on the island of O’ahu, Kailua is the most expensive city in the state.

Hawaii ranked as the most expensive state to live in, according to doxo’s 2023 report.

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Top 10 most expensive U.S. states based on monthly costs

No. 1 least expensive state based on monthly costs: West Virginia

West Virginia ranked as the least expensive state to live in, according to doxo.

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Top 10 least expensive states based on monthly costs

  1. Alabama
  2. Missouri
  3. New Mexico
  4. South Dakota
  5. Indiana
  6. Kentucky
  7. Oklahoma
  8. Arkansas
  9. Mississippi
  10. West Virginia

The state that ranked as the second least expensive based on household bills is Mississippi. The average monthly bills cost in the state is $1,616, 21.1% below the national average.

The average monthly mortgage is $1,032, while the average monthly rent is $843. The most expensive city in the state is Madison, which is 13 miles north of the state capital, Jackson.

Mississippi is most known for being a leader in the agriculture and forestry industries. According to the U.S. News and World Report, the state produces much of the country’s farm-raised catfish and is also a top producer of sweet potatoes, cotton and pulpwood.

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