The Most Expensive States To Live In 2011

The Most Expensive States To Live

You won’t get more for your money in these ten states. With the launch of CNBC's fifth annual edition of "America's Top States For Business ," we decided to take a look at the cost of a variety of items in the nation's ten most expensive states. In the CNBC study, states are ranked using a 50-point scale—the lower the score, the higher the cost of living, and vice versa. Interestingly enough, some of the states with the highest cost of living also had some of the highest scores in the quality-of
Source: ACCRA Cost of Living Index

You won’t get more for your money in these ten states.

With the launch of CNBC's fifth annual edition of "America's Top States For Business ," we decided to take a look at the cost of a variety of items in the nation's ten most expensive states. In the CNBC study, states are ranked using a 50-point scale—the lower the score, the higher the cost of living, and vice versa.

Interestingly enough, some of the states with the highest cost of living also had some of the highest scores in the quality-of-life category, so maybe you do get what you pay for. That said, only one of the ten states in the slides ahead managed to rank among the top ten overall in this year’s Top States for Business study. Cost of living may not be among the top criteria for a business, but it can be a big consideration for employees in the state.

To cover as much ground as possible, we included one item related to housing, transportation, health, food and entertainment. It includes the average cost of a single-family home, the best-selling cholesterol drug Lipitor, a movie theatre-ticket, a doctor’s visit and a gallon of gasoline in the most expensive metropolitan areas of each of the ten states using data from the ACCRA Cost of Living Index.ACCRA’s numbers reflect the average prices from Q1 2010 through Q1 2011.

So, which states have the highest cost of living? Click ahead to find out!

By Paul Toscano
Posted June 28, 2011

Note: Though there is a high correlation with this basket of goods and the CNBC's cost-of-living rankings, the items and prices listed are not the same as those used in the ACCRA index.

10. Massachusetts

Most expensive: Framingham-Natick House: $529,300 Movie ticket: $10.51 Lipitor: $162.56 Doctor visit: $112.24 Gallon of gas: $2.807
Photo: Denis Tangney Jr. | Photodisc | Getty Images

Most expensive: Framingham-Natick
House: $529,300
Movie ticket: $10.51
Lipitor: $162.56
Doctor visit: $112.24
Gallon of gas: $2.807

9. Vermont

Most expensive: Burlington-Chittenden House: $405,825 Movie ticket: $8.80 Lipitor: $150.55 Doctor visit: $105 Gallon of gas: $2.892
Photo: iStock

Most expensive: Burlington-Chittenden
House: $405,825
Movie ticket: $8.80
Lipitor: $150.55
Doctor visit: $105
Gallon of gas: $2.892

8. Rhode Island

Most expensive: Providence House: $361,195 Movie ticket: $10.75 Lipitor: $142 Doctor visit: $149 Gallon of gas: $2.903
Photo: Denis Tangney Jr. | Photodisc | Getty Images

Most expensive: Providence
House: $361,195
Movie ticket: $10.75
Lipitor: $142
Doctor visit: $149
Gallon of gas: $2.903

7. Maryland

Most expensive: Bethesda-Gaithersburg House: $535,409 Movie ticket: $10.69 Lipitor: $158.10 Doctor visit: $87.29 Gallon of gas: $2.950
Photo: Superstock | Photodisc | Getty mages

Most expensive: Bethesda-Gaithersburg
House: $535,409
Movie ticket: $10.69
Lipitor: $158.10
Doctor visit: $87.29
Gallon of gas: $2.950

6. New York

Most expensive: New York (Manhattan) House: $1,140,461 Movie ticket: $12.28 Lipitor: $160.05 Doctor visit: $125.89 Gallon of gas: $3.148
Photo: Getty Images

Most expensive: New York (Manhattan)
House: $1,140,461
Movie ticket: $12.28
Lipitor: $160.05
Doctor visit: $125.89
Gallon of gas: $3.148

5. New Jersey

Most expensive: Bergen-Passaic House: $511,212 Movie ticket: $10.58 Lipitor: $159.67 Doctor visit: $83.52 Gallon of gas: $2.758
Photo: Driendl Group | The Image Bank | Getty Images

Most expensive: Bergen-Passaic
House: $511,212
Movie ticket: $10.58
Lipitor: $159.67
Doctor visit: $83.52
Gallon of gas: $2.758

4. Connecticut

Most expensive: Stamford House: $606,742 Movie ticket: $10.33 Lipitor: $154.61 Doctor visit: $102.26 Gallon of gas: $3.075
Photo: Denis Tangney Jr. | Photodisc | Getty Images

Most expensive: Stamford
House: $606,742
Movie ticket: $10.33
Lipitor: $154.61
Doctor visit: $102.26
Gallon of gas: $3.075

3. California

Most expensive: San Francisco House: $808,481 Movie ticket: $10.58 Lipitor: $145.98 Doctor visit: $120.83 Gallon of gas: $3.116
Photo: Getty Images

Most expensive: San Francisco
House: $808,481
Movie ticket: $10.58
Lipitor: $145.98
Doctor visit: $120.83
Gallon of gas: $3.116

2. Alaska

Most expensive: Fairbanks House: $438,225 Movie ticket: $10.69 Lipitor: $156.99 Doctor visit: $150.05 Gallon of gas: $3.478
Photo: Getty Images

Most expensive: Fairbanks
House: $438,225
Movie ticket: $10.69
Lipitor: $156.99
Doctor visit: $150.05
Gallon of gas: $3.478

1. Hawaii

Most expensive: Honolulu House: $689,781 Movie ticket: $10.08 Lipitor: $160.96 Doctor visit: $130.15 Gallon of gas: $3.437
Photo: Glowimages | Getty Images

Most expensive: Honolulu
House: $689,781
Movie ticket: $10.08
Lipitor: $160.96
Doctor visit: $130.15
Gallon of gas: $3.437