cost of living increase california 2022

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Who will get the Social Security raise in 2022? The study found that between March 2021 and March 2022, the average inflation on prices for all items increased by 8.5%, a significant increase compared to the year before when the increase was only 2.6%. California Work Opportunity And Responsibility To Kids (CalWORKs): 11 Percent Increase And A 10 Percent Temporary Increase To The Maximum Aid Payment (MAP) Levels, ACL 22-59(July 7, 2022) Of course, California is known for its highways. Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. Still, there are some things that apply to locations across the state, like a high income tax. All of our content is authored by x][s6~;Tf:II7IS;N%;EWO8$%@*$E;@rry6eN||\\'z~p|i ^&cN_+X>M%bS6yqs3^^*gQen;v/tl+]m~;_ww^b !zbb Assembly Speaker Anthony Rendon told me this week that other countries are certainly ahead of where we are on transportation and I dont at all feel that we are leading the world anymore.. Experts are predicting that the COLA increase next year could reach an all time high of 8.9% or above, based on the potential 2023 cost of living increase. Child Welfare Services Emergency Response Enhancement Funds FY 2022-23, ACL 22-92 (December 9, 2022) Independent Living Program Annual Narrative Report For Federal Fiscal Year (FFY) 2021, ACL 22-13 (February 3, 2022) Take our 3 minute quiz and match with an advisor today. CalFresh, California Work Opportunity And Responsibility To Kids (CalWORKs), Refugee Cash Assistance (RCA), Trafficking And Crime Victims Assistance Program (TCVAP), And Entrant Cash Assistance (ECA) Implementation Of Assembly Bill (AB) 79 Sections 37 And 38: Prepopulated SAR 7 Eligibility Status Report, ACL 22-18 (March 9, 2022) Of course, food expenses vary within California. As mentioned previously, one of the biggest indicators of inflation is that the Social Security cost-of-living adjustment (COLA) for 2022 is one of the biggest increases since the 1980s. San Diego residents, for instance, who are served by San Diego Gas & Electric, pay the highest electricity rates in the entire nation. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). Here are the 10 states with the lowest cost of living: average rent for a two-bedroom apartment runs $1,164 a month, The living wage for the United States is $68,808 annually, median income for a family of four is $70,656, nearly 20% of Mississippi residents live in poverty, The living wage for a family of four in New York, The living wage for a family of four in California, Census Bureau Median Family Income by Family Size, Percent of Total Population in Poverty, 2019, Real Median Personal Income in the United States. So, if an employee at ABC Company currently earns $40,000 per year, they would The coronavirus bottom line:As of Tuesday, California had4,714,839 confirmed cases (+0.1% from previous day)and72,132 deaths (+0.2% from previous day), according tostate data. Follow CalMatters onFacebookandTwitter. 2023 Bankrate, LLC. What is the cost of living index for 2021? Should you accept an early retirement offer? For a comparison, the table below compares California home values and rents for the five biggest cities in 2022. For couples who both receive Social Security benefits, the average monthly benefit will increase by $154, from $2,599 to $2,753. Family First Prevention Services Program Opt-In Process, State FFPS Program Block Grant Allocation Methodology And Allowable Activities, ACL 22-22 (September 12, 2022) Published Wed, Jan 12 2022 3:31 PM EST Updated Wed, Jan 12 2022 3:33 PM EST. editorial integrity, In this guide, well highlight some recent statistics about the cost of living in the U.S. and which states are the cheapest and most expensive to live in. And San Diego is $2,467. California Work Opportunity And Responsibility To Kids Program Guidance For Pregnant Recipients, ACL 22-54(June 26, 2022) Approximately 70 million Americans will see a 5.9% increase in their Social Security benefits and Supplemental Security Income (SSI) payments in 2022. Protect public lands and rivers: Accessing parks, trails and other open space is not only good for our mental and physical health its critical to addressing the climate crisis, writes Thomas Wong of the San Gabriel Valley Municipal Water District. Heres some good news for the tax-averse: Californias property tax rates are below average. Erratum Concerning The California Work Opportunity And Responsibility To Kids (CalWORKs), Refugee Cash Assistance (RCA), Entrant Cash Assistance (ECA), And Trafficking And Crime Victim Assistance Program (TCVAP) Federal Fiscal Year (FFY) 2023 Income Reporting Threshold (IRT), ACL 22-53 (July 5, 2022) endobj Implementation of Electronic Benefit Transfer Scam Benefit Type, ACL 22-26 (April 1, 2022) If thats the case, you may struggle to create accurate budgets, set reasonable employee salaries, and establish a fair pricing model that customers want to buy from. Home equity line of credit (HELOC) calculator. Out of the 10 least expensive states to live in, Kansas has the cheapest grocery costs. When comparing costs across states, the average cost of living in the United States is used as the baseline set at 100. f7deDD-D XkrX }>G"/UEd#!$P~\$eL oF9 \+2tl>:JDG2;KwKidni'q]LK-J0l%{A%6^Heqw$Lr$WI9trTI9l^r4M_QE^&09B0W^^>)V5*4 7E&T%oF4**WJLUyMcm+;1OCA{r&&fr@Z*%`?=b1z7~[z;Q02,rX_C^+"*)@*tR#3O)so{6l And if you are wondering it, youre in luckthere are a number of tools you can use. CalMatters columnist Dan Walters: A new poll indicates that most Californians dont agree with Newsoms description of the state economy as surging and dominant.. In many parts of the state, vaccine mandates appear to be having the intended effect so far, only three Los Angeles Police Department employees have been placed on leave for refusing to comply with the citys vaccine mandate. Our content is backed by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249). ET. An official with the Social Security Administration said seniors and others who rely on the benefits program are likely to receive a cost-of-living adjustment closer to 8% at the end of 2022 due to the current rate of inflation, which is the highest in four decades. Americans who receive Social Security benefits will receive an average of $1,657 per month in 2022, up from $1,565 the year prior. MITs living wage calculator estimates that a single adult in the state spends about $4,000 annually on food. subject matter experts, Day-to-day life is getting more expensive in California, which already has a higher percentage of residents living in poverty than any other state in the nation when the cost of living is taken into account. And Californians are also paying the highest gas prices in the country, according to AAA: Although the average cost for a gallon of regular fell to $6.20 in the Golden State on Thursday down from a near-record high of $6.42 last week thats still much higher than the national average of $3.91. Commercially Sexually Exploited Children Program Fiscal Year 2022-23 Allocation Methodology And Program Information, ACL 22-69 (August 15, 2022) Home equity line of credit (HELOC) calculator. Photo credit: iStock.com/Jeremiah Pierucci, iStock.com/Long_Strange_Trip_01, iStock.com/Larry Gibson. National Youth In Transition Database (NYTD) Survey: 19-Year-Old Follow-Up Population Of The Fourth Cohort, ACL 22-29 (April 6, 2022) Most notably, Mississippi's housing index is 66., the lowest in the country. editorial policy, so you can trust that our content is honest and accurate. Further Guidance On Senate Bill (SB) 1232 Regarding Summer And Winter Intersessions And Adult School/Adult Education For California Work Opportunity And Responsibility To Kids (CalWORKs) Welfare-To-Work (WTW) Clients, ACL 22-30 (April 15, 2022) Bankrate follows a strict editorial policy, so you can trust that were putting your interests first. Gavin Newsom, who touted Californias economic prowess Tuesday and said residents are going to have good news coming soon on next years budget surplus. But, despite this years record-breaking surplus much of which Newsom and state lawmakers invested in safety net programs a whopping 69% of Californians told the Public Policy Institute of California they believe the gap between rich and poor is widening in their region. Senate Bill 354 Data Collection And Reporting, ACL 22-106 (December 28, 2022) In 2022, West (California) $6,284: $5,408: $12,532: Northeast (Massachusetts) $5,911: $6,695: $13,941 Also, expect to see a 3 to 6 percent cost of living increase on a yearly basis. Housing is 96% higher than the national average, while utilities are 27% higher. US GDP, representing the countrys aggregate demand, increased by 3.47% in the fourth quarter of 2021, according to the U.S. Bureau of Economic Analysis (BEA). Well, wonder no moreyour cost of living by state guide has arrived. Demands for a living wage that is fair to workers have resulted in numerous location-based changes to minimum 2 0 obj CalFresh Elimination Of Periodic Reporting Requirements For Elderly Simplified Application Project Households, ACL 22-14 (February 14, 2022) Compared to National Average. The cost of living is the amount of money an individual needs to maintain their standard of living. Social security benefits will increase by 5.9% for 2022, which is the highest COLA since 1982. From the bustle of big cities like San Francisco and Los Angeles, to the natural beauty of beachside enclaves like Santa Barbara, to the desert elegance of Palm Springs, there is no shortage of lifestyle choices. You hear about it all the time in the newsCost of living rising! Subscribe to CalMatters free daily newsletter to get news and commentary that holds your elected leaders accountable. Theres also a lot to love if youre a sports fan the Los Angeles Dodgers and Golden State Warriors have been contenders for the last few years, and the state also boasts multiple teams in the NFL and NHL. We provide up-to-date, reliable market information to help you make confident decisions. Changes to How CalWORKs Welfare-To-Work (WTW) Self-Employment Participation Hours are Calculated as a Result of Assembly Bill (AB) 461 (Chapter 582, Statutes of 2021), ACL 22-79(October 4, 2022) . However, costs of living can vary significantly across regions. SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, is registered with the U.S. Securities and Exchange Commission as an investment adviser. The information on this site does not modify any insurance policy terms in any way. Annual Recipient Report On CalWORKs, Foster Care, Social Services, Non-Assistance CalFresh, Welfare-To-Work, Refugee Cash Assistance, And The Cash Assistance Program For Immigrants ABCD 350 (7/21), ACL 22-103 (December 16, 2022) State drivers pay an average of $2,190 per year, compared to a nationwide average of $1,771. We value your trust. Not to mention, knowing a citys cost of living can help you decide where to start your business. Bankrate.com is an independent, advertising-supported publisher and comparison service. This data is from May 2021. Some of the best places to live in California, by those metrics, include Oakland, Sacramento and San Diego. Register here for the event organized by the Latino Community Foundation. West Virginia, which ranked 8th on the list of the 10 cheapest states, has the lowest cost of healthcare, according to the C2ER study. However, California is also home to five of the most expensive cities in the United States, not to mention three of the top five most expensive places to buy a house. The index for household furnishings and operations grew by more than 10% over the past year. Wine lovers could look into Napa. CalMatters is now available in Spanish onTwitter,FacebookandRSS. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. COLAs also effect the maximum reimbursement amounts permissible for certain employee benefits. California is increasingly cracking down on doctors that it believes are giving students unjustified exemptions for school-mandated vaccines a battle that will likely intensify next year, when the COVID-19 vaccine is expected to be added to that list for certain age groups. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence. The cost of living index in Kansas is 86.5, the second-lowest in the nation. For context, latest PCE Price Index data shows that the year-over-year inflation rate is at 6.3% as of April 2022. Heres a list of websites that have a cost of living calculator: You can use cost of living calculators to see how far a dollar will go in two different cities. But the nations also agreed to eliminate the sale of gas-powered trucks and buses by 2040 which goes beyond Californias current mandate to ramp up the sale of zero-emissions trucks starting in 2024, CalMatters Rachel Becker reports. // Wall Street Journal, California roadkill report names deadliest highways. In the state as a whole, monthly utility bills run about 29 percent higher than the national average. These calculators allow users to enter information like income, current city, and prospective city. % Coverage.com, LLC, a licensed entity (NPN: 19966249). highly qualified professionals and edited by Our goal is to give you the best advice to help you make smart personal finance decisions. We do not include the universe of companies or financial offers that may be available to you. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. 2022 Medicare Rate Increases: See Medicare website: www.medicare.gov MEDICARE PART A Coinsurance // NBC Bay Area. Bankrate, LLC NMLS ID# 1427381 | NMLS Consumer Access California Work Opportunity And Responsibility To Kids (CalWORKs) Outcomes And Accountability Review (Cal-OAR) Client Satisfaction Survey (CSS), ACL 22-41 (May 27, 2022) Car insurance in California is also expensive. Our free downloadable guide covers average pay raises, the cost-of-living adjustment, year-over-year inflation, and the disconnect between employer plans and employee raise expectations. Apartment Lists data indicates that the median two-bedroom rent in Los Angeles is $2,275. I believe it is crucial to invest in a free, just and unbiased press, especially in California when all three aspects are in peril. For example, someone who makes $50,000 per year in Cleveland, Ohio would need to make $112,351.78 in New York City (Manhattan), New York to keep up with the cost of living. California's transportation costs are the second-highest in the country, due in part to high gas prices in the State. Major cities, like New York City, have a higher cost of living than smaller cities, like Albany. Unsurprisingly, New York and California also ranked in the top 10 most expensive states. Guidance Regarding The Disbursement Of American Rescue Plan Act Of 2021: Grants To Enhance Adult Protective Services Funds To County Adult Protective Services Agencies, ACL 22-06 (January 14, 2022) This is more than $500 than the national average of $1,428. Here is the full list of the most expensive states to live in based on the 2021 C2ER study: While the most expensive states are relatively spread out across the country, the least expensive states are mostly concentrated in the Midwest and South. ACL 22-32 (May 10, 2022) The median income for a family of four is $111,054 annually. Were transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money. Once you start your business, you need a reliable way to manage your accounting books. What is the cheapest state to live in 2021? California has the nation's third-highest cost of living index at 142.2. Discontinuance Of Adult Programs Monthly Statistical Report (ABD 216), ACL 22-68 (September 6, 2022) Termination Of Temporary Guidance To The Payment Verification System Match Processing For CalFresh, ACL 22-97 (November 22, 2022) Better For Families Tax Refund And Young Child And Foster Youth Tax Credits: Treatment In The California Work Opportunity And Responsibility To Kids (CalWORKs), CalFresh, Medi-Cal, Refugee Cash Assistance (RCA), Entrant Cash Assistance (ECA), Trafficking And Crime Victims Assistance Program (TCVAP), And Cash Assistance Program For Immigrants (CAPI), ACL 22-90 (October 27, 2022) Child Welfare Services/Case Management System Data Clean-Up For Fiscal Year 2021-22, Tracking Afghan Supplemental Appropriation Funds, Caregiver Pandemic Assistance Payment Funded Through The California Budget Act Of 2021, Independent Living Program Annual Narrative Report For Federal Fiscal Year (FFY) 2021, Revision Of Form Soc 453 For The Cash Assistance Program For Immigrants, Instructions For Entering Tribally Approved Homes And Documenting Tribally Specified Home Placements Into The Child Welfare Services/Case Management System, Copyright 2023 California Department of Social Services. To put it in perspective, the annual income required to be able to buy a home at the states median price is now about $180,000. states where it is licensed Here are some statistics about the current U.S. COLA: Every year, the Council for Community & Economic Research (C2ER) publishes a report that details the cost of living across the country and highlights the most expensive and least expensive states. This is not an offer to buy or sell any security or interest. She also focuses on ensuring that Bankrates insurance content represents and adheres to the Bankrate brand. Cost of living indexes help better understand and quantify these differences. The state has an average effective property tax rate of 0.79%, compared to the national average of 1.19%. The state sales tax is a high 7.25 percent. The cost of essential living expenses, including gas, food, healthcare and housing, is forcing many people to make spending sacrifices, while others move to states with a lower cost of living. That's an increase of 23 percent over last year. Modifications To The Case Management Information And Payrolling System For The Back-Up Provider System For In-Home Supportive Services And Waiver Personal Care Services, ACL 22-104 (December 9, 2022) 2023 Bankrate, LLC. California is known for its beautiful stretches of highway, and its traffic. Sharing Ratios For Foster Family Agencies, Intensive Services Foster Care, Short-Term Residential Therapeutic Programs, Community Treatment Facilities, And Transitional Housing Placement Nonminor Dependent Programs For Fiscal Year 2022-23, ACL 22-75(August 31, 2022) Data is pulled from Neighborhood Scout. ACL 22-107 (December 19, 2022) Los Angeles, CA area prices were up 3.2% from a year ago. Food, including groceries and eating out, costs another $7,317 a year or $609.75 a month. The average household in the United States spends $61,334 a year on expenses. Rent runs $1,717 for an average two-bedroom apartment in the state. Utility rate increases for San Diego residents are expected to outpace inflation by nearly 70 percent by the year 2030. <> We are an independent, advertising-supported comparison service. If you just want the scoop on which states have the lowest and highest cost of living, weve got you covered. Mississippi also has the lowest transportation costs in the nation. Whats more, local cities and counties can add their own sales tax on top of that amount, making it even more expensive in some parts of the state. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. California Work Opportunity And Responsibility To Kids (CalWORKs): Revised Intercounty Transfer (ICT) Notices Of Action (NOA) Messages M40-195A And M40-195B, ACL 22-70(August 29, 2022) Grocery store prices are also rising. Bankrate follows a strict (This percentage fell due to children ages 5-11 recently becoming eligible for the vaccine.). Reinstatement of State Covid-19 Related Supplemental Paid Sick Leave, ACL 22-17 (March 4, 2022) For income tax, California follows a graduated tax system: The more money you make, the higher your rate. CalFresh Employment And Training Program Subsidized Work-Based Learning Activities, ACL 22-37 (April 28, 2022) Its no secret; assisted living is costly. California is a state of extremes. Finding a place to live in California is not for the faint of heart. The typical price for a single-family home in New York is $373,880. Home Value vs. Housing, food, utilities, even transportation: All are pricier in California, according to data from RentCafe. County Temporary Assistance For Needy Families Program Work Participation Data Reporting Effective Federal Fiscal Year 2022, ACL 22-21(March 8, 2022) Statistical Report On The Number Of Children, Aged 5-17 Years, In Families Receiving California Work Opportunity And Responsibility To Kids (CalWORKs) Cash Assistance Above The 2022 Federal Poverty Level, ACL 22-93 (December 9, 2022) According to the 2021 C2ER study, Hawaii has the highest cost of living, with an index of 193.3. Federal benefit rates increase when the cost-of-living rises, as measured by the Department of Labors Consumer Price Index (CPI-W). Unfortunately, average wages for workers arent keeping up with the current trajectory of inflation, which is putting many Americans in a difficult financial situation. Who are the maps early winners and losers, and which incumbents do they suggest might be most at risk in 2022? Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. Major metropolitan areas like New York City, Los Angeles and San Francisco consistently appear on lists of the most expensive cities. The median price of a single-family home in the United States is $273,992. Yes California is one of the priciest states in the country. All Rights Reserved. That means theres no single cost of living in California. Because some states have a lower cost of living than others, many people are relocating to save money and stretch their dollar further as inflation takes hold of the economy. That is unchanged from the groups forecast last month. Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Cost of living indexes are used by employers when determining wages or government agencies when determining the need for interventions, such as annual adjustments to Social Security benefits. Buying a house here is expensive. Caregiver Pandemic Assistance Payment Funded Through The California Budget Act Of 2021, ACL 22-16 (February 15, 2022) Alabama has the second-lowest housing costs across states, with the average single-family house selling for $170,184. 2. Bankrate follows a strict editorial policy, As youre looking at the chart, keep in mind that states with a higher mean wage, higher monthly rent, and lower value of a dollar tend to have a higher cost of living. However, it also has the highest cost of transportation and the most expensive healthcare out of the 10 least expensive states to live in. Cost of living refers to the amount needed to cover basic expenses, such as food, shelter, transportation, and healthcare. 5. We maintain a firewall between our advertisers and our editorial team. Petition To Permit New Determination Of Eligibility For Federal Financial Participation In Extended Foster Care (Assembly Bill 640), ACL 22-71(August 17, 2022) Redistricting commission releases first maps. County And Agency Hearing Representatives Pre-Hearing Responsibilities Regarding Providing The Statement Of Position To Limited English Proficient Claimants, ACL 22-55 (July 8, 2022) We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. The calculator will also show you how much income you need to bring in order to maintain your current lifestyle. WebThe 2022 COLA is based on the 6.25% average increase in the Consumer Price Index (CPI) measured from February 2021 to February 2022 for the Los Angeles and San As one of the largest states in the country, its not easy to generalize about the cost of living in California. Changes To The Office Of The State Foster Care Ombudsperson, ACL 22-33 (May 5, 2022) Restaurant prices have increased, but not as significantly. In almost every corner of the economy, costs are on the rise. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. Housing costs in particular are significantly higher than in the rest of the country. For most people, the largest portion of their budget is housing. They focus on the points consumers care about most price, customer service, policy features and savings opportunities so you can feel confident about which provider is right for you. For 2022, the Social Security COLA was largely driven by the cost of energy, and specifically, gas. The CPI details average prices for items such as food, shelter, transportation, and clothing. . The state has the fourth highest rent rates in the country and the average rent for a two-bedroom home is a steep $2,274 per month. The median sale price for a home in the state was an eye-popping $898,980 as of May 2022, according to the California Association of Realtors. At that price up 10% from May 2021 owning a home is not a realistic prospect for most of the states residents. // Orange County Register, Group seeking to recall Councilman Mike Bonin says it has enough signatures. California Arrearages Payment Program (CAPP): Guidance For California Work Opportunity And Responsibility To Kids (CalWORKs), Refugee Cash Assistance (RCA), Entrant Cash Assistance (ECA), Trafficking And Crime Victims Assistance Program (TCVAP), CalFresh, California Food Assistance Program (CFAP), Cash Assistance Program For Immigrants (CAPI), And Medi-Cal Programs, ACL 22-82 (October 20, 2022) This article has been updated from its original publication date of September 24, 2019. Business owners love Patriots accounting software. Ironically for a state with so many farms, the cost of food in California is also more expensive than much of the rest of the country. Webmonth increase since the period ending October 2021. The effective property tax rate is 0.73 percent, which is paid as a percentage of your home value. According to the index, Mississippi has the cheapest housing costs in the country. The average single-family dwelling in the state costs $176,898. CalMatters Sameea Kamal breaks it down. Meanwhile, the median income for a family of four is $70,656. Her reporting, essays, and opinion columns have been published in San Francisco Weekly, the Deseret News, the San Francisco WebThe 8.7 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 65 million Social Security beneficiaries in January 2023. Establishment Of A Back-Up Provider System For In-Home Supportive Services And Waiver Personal Care Services, ACL 22-64(July 25, 2022) Insure.coms reporton car insurance ratesfrom March 2022 shows that California has the fourth-highest average annual premium at $1,966. Get up and running with free payroll setup, and enjoy free expert support. WebHousing in California is twice the national average, with a typical single-family home priced at $683,996. Changes To The Non-Assistance CalFresh Work Registrants, Able-Bodied Adults Without Dependents And CalFresh Employment And Training Program Quarterly Statistical Report (STAT 47), ACL 22-25 (March 18, 2022) The living wage for a family of four in California is $110,255, while the median family income is $105,232. Kansas also has one of the nation's lowest unemployment rates at 2.5%. this post may contain references to products from our partners. Bankrates editorial team writes on behalf of YOU the reader. Rent in Californias 5 Largest Cities, If you make the move to California, it might be worth moving your savings to a local, in-state bank. And we constantly review our criteria to ensure were putting accuracy first. ABC Company provides an annual cost of living raise based on the increased cost of living prices each year. Document Import Functionality For The Case Management, Information And Payrolling System (CMIPS) For In-Home Supportive Services (IHSS) And Waiver Personal Care Services (WPCS) Programs, ACL 22-74(September2, 2022) Just recently, it was announced that the Social Security cost-of-living adjustment (COLA) for January 2022 was 5.9%, the highest increase in 40 years, due to the current increased cost of living. Likewise, living in a state with an index of 50 will cost about half the national average. The average rent cost in Mississippi is $727 for a two-bedroom apartment, while in California the average cost for the same apartment is $1337.

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cost of living increase california 2022