Best states to live in 2022, per WalletHub: Massachusetts, New Jersey

  • Massachusetts tops the list this year, moving up from #2 last year.
  • New Mexico, Alaska and several southern states ranked lowest.
  • WalletHub categorizes states into 5 categories based on ratings

Is your state among the best to live in this year? WalletHub has an answer.

Researchers at the Personal Finance publication used scores to rank the 50 states into five categories: affordability, economy, education and health, quality of life, and safety.

Massachusetts topped the 2022 list with a score of 62.65 out of 100. New Jersey placed second, falling from the top spot last year. New York, Idaho, and Virginia fill the remaining five states to live in, in that order. Virginia is the only newcomer to the top five, knocking Minnesota off the list.

Several southern states — including Mississippi, Louisiana, and Arkansas — rounded out the bottom of WalletHub’s rankings.

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WalletHub named Massachusetts the best state to live in 2022.

What went into WalletHub’s state scores?

According to WalletHub, its rankings reflect states’ scores on a total of 52 “viability” indicators, each weighted differently. Here is a breakdown of the five categories:

affordability: Considers cost of living, house prices, median household income, home ownership, and median annual property taxes.

Business: Indicators include the government unemployment rate, poverty rate, and wealth gap, among others.

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