US states ranked by how much of their income residents spend on housing, from least to most
Both renters and homeowners in Hawaii spend over half of their income on housing.
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- Housing costs can vary across US states based on home prices, energy costs, and local wages.
- Hawaii has the highest cost burden, with both renters and owners spending over half of their income.
- New York has a gap of over 30 percentage points in housing burdens between renters and homeowners.
Whether you're shopping for a new home or just signed a lease on an apartment...