What does it cost to live in your state?
Much as the price of rent, food, gas and more can vary widely from state to state in the U.S., so to does the tax burden, with a gap of almost 10 percentage points from the lowest effective rate to the highest in the country.
Figuring out that effective rate can be difficult, as not every state fields the same slate of taxes, though most commonly they include some mix of the following:
- Real estate taxes;
- Vehicle property taxes;
- Income taxes; and,
- Sales and excise taxes.
A
Rank | State | Annual state and local tax burden |
1 | Alaska | $5,634 |
2 | Delaware | $5,842 |
3 | Wyoming | $6,156 |
4 | Idaho | $6,215 |
5 | Montana | $6,398 |
6 | South Carolina | $7,028 |
7 | Colorado | $7,110 |
8 | Nevada | $7,113 |
9 | Florida | $7,116 |
10 | District of Columbia | $7,497 |
