The Best States In The U.S. To Make A Living

Do you know if you live in one of the best states in the country to make a living? Last year, personal finance site MoneyRates calculated the top 10 best (and worst) states to live in for 2016. MoneyRates based their ranking on five factors, ranging from cost of living to incidents of workplace injuries.

The other three factors that were used were:

  • Median Income
  • State Tax Rates
  • Unemployment Rates

While this data is primarily for 2016, it’s safe to say that many of these states will continue to be on the list for 2017, so if you’re looking to move, it’s nice to have an early heads up!

These were the best states to live in for 2016:

  1. Wyoming
  2. Washington
  3. Virginia
  4. North Dakota
  5. Texas
  6. Ohio
  7. Michigan
  8. Colorado
  9. Illinois
  10. Minnesota

For comparison sake, eight of these ten states appeared on their 2015 list, where Texas took the top spot. Utah and Delaware did not make the cut this time around and were replaced by North Dakota and Minnesota.

To see the in depth statistics along with the list of the ten worst states to live in, click here