Hawaii residents most likely to live paycheck to paycheck - Hawaii News Now - KGMB and KHNL

Hawaii residents most likely to live paycheck to paycheck

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HONOLULU (HawaiiNewsNow) -

A new analysis is shedding light on how Hawaii’s high cost of living affects families.

According to the analysis, you’re more likely to be living paycheck to paycheck in Hawaii than any other state in the nation.

States were ranked on a number of factors, including the cost of housing, food, transportation, utilities and medical care.

California came in second in the nation, and New York rounded out the top three.

Minnesota was the state where Americans were least likely to be living paycheck to paycheck.

Iowa came in second least likely, and Missouri came in third.

The analysis was conducted by personal finance website GOBankingRates.com, and the authors of the ranking noted that Hawaii topped the list even though the state has the third-highest median household income.

To see where all the state ranked, click here.

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