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Cost of living in California is comparable to this European country

A woman walks with her bicycle through a train station in Copenhagen, Denmark, Friday, June 28, 2022, as the country prepares to host the first…

Saturday, Dec 02

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A woman walks with her bicycle through a train station in Copenhagen, Denmark, Friday, June 28, 2022, as the country prepares to host the first three stages of the Tour de France … While the Euro has long been more valuable than the American dollar, the cost of living in the United States is significantly higher than across Europe on average. Basic expenses for a single adult with no children in the U.S. is $2,508 per month, compared to an average of $1,746 per month in Europe. However, individual states and nations run the gamut in terms of costs. Here’s where San Francisco ranks in terms of population loss in the past 5 years With this in mind, SmartAsset examined the cost of living across all 50 states and the 38 countries in Europe to get a sense of how they compare on a one-to-one basis. A color-coded US map showing How Cost of Living in Each State Compares to European Countries SmartAsset

Key findings

The cost of living gap is wider in Europe than the U.S. While the median cost of living in the U.S. ($2,508) is higher than Europe ($1,746), there is a wider gap between the most expensive European countries and the most affordable ones. Switzerland, which has Europe’s highest monthly cost of living ($4,059), is 4.5 times more expensive than Bosnia, Europe’s least expensive country ($900). In the U.S., Hawaii’s cost of living is the highest ($3,167) and Kentucky is the most affordable ($2,275).

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