A recent doxoINSIGHTS report found that three in four consumers (73%) say that inflation is impacting their ability to pay bills. This unique view of relative expenses, and how much of household income is required to cover bills in each state, is especially relevant given continued strains on household budgets due to inflation. zip codes, reveals the most and least expensive states for Americans to live based on average spend per month on actual household bill payments. The report, which reflects actual bill payment activity across more than 97% U.S. consumer bill pay market, with specific state-level breakdown of the 10 most common household bill payment categories. households continue to grapple with an increased cost of living, those living in Hawaii, California, New Jersey, Massachusetts, and Maryland may be feeling more pressure as these states top the list as the most expensive, while West Virginia, Mississippi, Arkansas, Oklahoma and Kentucky are listed as the most affordable.ĭoxo’s 2023 State by State Bill Pay Market report takes a look at the $3.87 trillion U.S. household median income of $70,784) and roughly $2,046 per month, many states rank well above or below this figure. household spends $24,557 annually on the most essential household bills (which is 35% of the U.S. SEATTLE, August 02, 2023-( BUSINESS WIRE)-A new report released today by doxo reveals that while the average U.S. New data shows Hawaii is the most expensive state for household bills at +50% above national average, West Virginia most affordable at -25.2% below national average
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