No surprises here: Hawaii named priciest state in the nation

No surprises here: Hawaii named priciest state in the nation
The median prices of homes on Oahu is on the upswing. (Image: Hawaii News Now)

HONOLULU (HawaiiNewsNow) - A new CNBC analysis ranked the most expensive places to live in the United States.

And Hawaii was (drum roll, please) ... at the top of the list.

That shouldn't surprise anyone who actually lives in Hawaii, but that doesn't mean we have to like it.

CNBC said it put together its list as part of a separate report, America's Top States for Business. (Hawaii ranked no. 47 in that analysis.)

"We rank all 50 states based on an index of basic items, including average home and food prices, monthly energy bills and health costs," CNBC said. "That gives us not only the cheapest states to live in but also the most expensive ones."

Hawaii was priciest because of housing costs, but also because of what families have to shell out for energy, transportation and food.

A half gallon of orange juice, CNBC said, sets you back $5.56 in Hawaii — but just half that in Boise, Idaho.

But the biggest hits on your wallet in the islands, the analysis said, are (no surprises here) the high price for housing and highest-in-the-nation electricity costs.

Here's a look at average prices in Hawaii:

  • Average home price: $1 million
  • Half gallon of milk: $3.64
  • Ribeye steak: $13
  • Monthly energy bill: $432
  • Doctor visit: $127

The second most expensive place was California. In the no. 3 spot: Massachusetts.

Copyright 2018 Hawaii News Now. All rights reserved.