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As this generation rapidly approaches their thirties, theirfinancial planningstrategy starts to shift with changing monthly expenses.
Gen Zers age 26 or older, for example, lose their parents health insurance in many states.
What other monthly expenses do Gen Zers have, and what do these costs look like?
The Bureau of Labor Statistics Consumer Expenditure Survey 2602 was used to calculateaverage expenditure costsfor Gen Z. Hawaii
49.
California
48.
Massachusetts
47.
Washington
46.
New Jersey
45.
Rhode Island
44.
Colorado
43.
New Hampshire
42.
Alaska
41.
Utah
40.
Oregon
39.
Connecticut
38.
New York
37.
Nevada
36.
Maryland
35.
Arizona
34.
Montana
33.
Maine
32.
Vermont
31.
Idaho
30.
Florida
29.
Virginia
28.
Delaware
27.
Minnesota
26.
Wyoming
25.
North Carolina
24.
Georgia
23.
Texas
22.
Wisconsin
21.
South Carolina
20.
Tennessee
19.
South Dakota
18.
Illinois
17.
New Mexico
16.
Pennsylvania
15.
Nebraska
14.
Missouri
13.
Michigan
12.
North Dakota
11.
Ohio
10.
Indiana
9.
Kansas
8.
Alabama
7.
Iowa
6.
Oklahoma
5.
Kentucky
4.
Arkansas
3.
West Virginia
2.
Louisiana
1.
The cost-of-living indexes for each state were sourced from the Missouri Economic Research Information Center.
This calculation gives the average expenditure cost of living for each generation in each state.
The data was collected on and is up to date as of Aug. 24, 2024.
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