Summary of Rent Index By US State
• This index compares 50 states based on Rental Cost, with New York City serving as the baseline (100).
• For a single person with a typical lifestyle , the average rental cost index value is 43.6 , with 24 states above-average and 26 below-average.
• The highest-ranking state is California with an index value of 80.0 , while the lowest-ranking is West Virginia with an index value of 27.1 .
Disclaimer: The data presented on this page is for informational purposes only and should be used as a general guide. Actual index values may vary significantly based on individual lifestyle choices and current economic conditions. We strive to provide up-to-date information, but values are subject to change without notice. Always conduct thorough personal research and consult with financial professionals before making important financial or relocation decisions.
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MXN (Mexican peso)
MYR (Malaysian ringgit)
MZN (Mozambican metical)
NAD (Namibian dollar)
NGN (Nigerian naira)
NIO (Nicaraguan córdoba)
NOK (Norwegian krone)
NPR (Nepalese rupee)
NZD (New Zealand dollar)
OMR (Omani rial)
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PHP (Philippine peso)
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TZS (Tanzanian shilling)
UAH (Ukrainian hryvnia)
UGX (Ugandan shilling)
UYU (Uruguayan peso)
UZS (Uzbekistani soʻm)
VES (Bolívar)
VND (Vietnamese đồng)
VUV (Vanuatu vatu)
WST (Samoan tālā)
XAF (Central African CFA franc)
XCD (Eastern Caribbean dollar)
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YER (Yemeni rial)
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ZMW (Zambian kwacha)
ZWL (Zimbabwe Dollar)
Household Type:
Single Person
Couple
Family of 4
Lifestyle:
Budget
Typical
Comfortable
Index Details
#
State
Rental Cost Index
Monthly Rental Cost
1
California
80.0
$ 2,800.00
2
New York
77.1
$ 2,700.00
3
Hawaii
68.6
$ 2,400.00
4
Massachusetts
65.7
$ 2,300.00
5
Florida
62.9
$ 2,200.00
6
New Jersey
60.0
$ 2,100.00
7
Maryland
54.3
$ 1,900.00
8
Washington
54.3
$ 1,900.00
9
Connecticut
52.9
$ 1,850.00
10
Rhode Island
52.9
$ 1,850.00
11
New Hampshire
51.4
$ 1,800.00
12
Colorado
50.0
$ 1,750.00
13
Virginia
50.0
$ 1,750.00
14
Alaska
48.6
$ 1,700.00
15
Vermont
48.6
$ 1,700.00
16
Arizona
47.1
$ 1,650.00
17
Delaware
45.7
$ 1,600.00
18
North Carolina
45.7
$ 1,600.00
19
Georgia
44.3
$ 1,550.00
20
Illinois
44.3
$ 1,550.00
21
Maine
44.3
$ 1,550.00
22
Nevada
44.3
$ 1,550.00
23
Oregon
44.3
$ 1,550.00
24
Texas
44.3
$ 1,550.00
25
Utah
42.1
$ 1,475.00
26
Michigan
41.4
$ 1,450.00
27
Minnesota
41.4
$ 1,450.00
28
Tennessee
41.4
$ 1,450.00
29
Montana
40.0
$ 1,400.00
30
South Carolina
40.0
$ 1,400.00
31
New Mexico
38.6
$ 1,350.00
32
Ohio
38.6
$ 1,350.00
33
Pennsylvania
38.6
$ 1,350.00
34
Idaho
37.1
$ 1,300.00
35
Louisiana
35.7
$ 1,250.00
36
Wisconsin
35.7
$ 1,250.00
37
Alabama
34.3
$ 1,200.00
38
Kentucky
34.3
$ 1,200.00
39
Missouri
34.3
$ 1,200.00
40
Indiana
32.9
$ 1,150.00
41
Nebraska
32.9
$ 1,150.00
42
Arkansas
30.0
$ 1,050.00
43
Iowa
30.0
$ 1,050.00
44
South Dakota
30.0
$ 1,050.00
45
Wyoming
30.0
$ 1,050.00
46
Mississippi
28.6
$ 1,000.00
47
Oklahoma
28.6
$ 1,000.00
48
North Dakota
27.9
$ 975.00
49
Kansas
27.1
$ 950.00
50
West Virginia
27.1
$ 950.00
Index Distribution
This histogram visualizes how states are distributed across different rental cost index value ranges.