How tax-friendly is your state?
Found an article on CNN/Money from April about the relative cost of living in different states. Interesting to see how this has changed since my previous post in 2003. Maine moves into the dubious number 1 slot at 13.5%, nudging DC down to third place. Alaska still remains at the bottom on 6.6%, although the spread between the highest and lowest has closed to 6.9% from 7.4%. The national average has risen a massive 0.9% to 10.6% with 19 states exceeding this. Massachusetts, which often goes by the nickname “Taxachusetts”, comes in surprising at number 28; below that average now by 0.3% at 10.3%, a rise of 0.4% in the three years.