To create the ranking, MoneyRates factored in elements like median salary, state tax rates, cost of living and unemployment rate. It used data from the U.S. Bureau of Labor Statistics and Tax Foundation, a nonprofit think tank, among other sources.
The top ten states to make a living in 2017 are listed below.
It is interesting to point out that a majority of these states are not on the Pacific or Atlantic coast.
The article also included the top ten list of worst states to make a living in 2017.
4. West Virginia
7. South Carolina
9. New York
Obviously cost of living is a major factor when creating this list and it seems like the best states to make a living are the flyover states.
Would you prefer to live in a place where there is a lower cost of living (ex. Kansas) or a place where there is a higher cost of living if you had the same salary(ex. $100k) in both places (ex. New York)? Where would you live is cost was not an issue?