RD Com - According to 2023 data from the Bureau of Labor Statistics, housing expenses account for 32.9% of all expenditures, an increase of 4.7% from the previous year. Housing costs vary widely across the United States, and while many people assume those costs are proportionate to earnings, that’s not always the case. Take, for example, a median-priced home in Hawaii, which eats up 75% of the average take-home pay. In the most affordable state, the script is flipped: Residents keep 76.6% of their take-home pay—even after paying their mortgage, taxes and maintenance costs.
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