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|    Message 196,227 of 196,508    |
|    Broke & Blue California to All    |
|    California's cost of living is still the    |
|    20 Feb 26 11:20:01    |
      XPost: alt.fan.rush-limbaugh, talk.politics.misc       From: democrat@ruined.california              California still has the highest cost of living in the U.S. And it's not       just because of housing.              The state's prices in 2024 were about 11% higher than the national       average, once again the highest cost gap in the nation, according to new       data from the U.S. Bureau of Economic Analysis. The data, which serves       as the federal government's most comprehensive measure of regional       cost-of-living differences, are published on a lag, so the most recent       estimates available are for 2024.              Housing remained a standout cost, with California's estimated rent       prices more than 53% higher than in the U.S. overall. But another       important expense stood out even more starkly: utilities, which were 60%       more expensive in California, with only Hawaiians spending more.              The Bureau of Economic Analysis only reports cost-of-living as a       relative index, not in dollars, so the data doesn't indicate how much       Californians were paying toward utilities in absolute terms. But the       trend appears to echo a surge in electricity prices over the past few years.              California's electricity rates have for decades been higher than those       in the rest of the U.S., according to the Public Policy Institute of       California. But utility costs have surged since 2019, when the state's       utility prices were roughly 32% higher than the national figure.              California's high wildfire risk has largely driven the rise in its       electricity rates, according to a 2025 analysis by the California       Legislative Analyst's Office, which conducts research for the state       Legislature. For Pacific Gas & Electric Co. customers, the average bill       soared from less than $170 to nearly $300 in 2024, data from the company       shows. The Legislative Analyst's Office's analysis also pointed to the       costs of mandatory wildfire and greenhouse gas mitigation programs as       factors.              While the gulf between utility prices in California and the country       overall is widening, it's actually shrinking slightly for housing costs.       In 2020, California's rent prices were even further away from the       national average - by 66% - than they were in 2024. (The Bureau of       Economic Analysis only includes actual rent costs and homeowners'       would-be rent costs in its calculations.)              But the decline isn't because housing is getting cheaper in California.       Rents exploded across the U.S. during the pandemic, but they grew more       slowly here than in other states like Florida or New York. That was due       in large part to a cooling rental market in California's major coastal       areas such as San Francisco and Los Angeles that lost many tenants to       more affordable states - some of which became less affordable as a result.              That said, California's housing costs remained above that of any other       state in 2024. And the San Francisco metro area still had the highest       overall cost of living in the country, with prices nearly 16% higher       than the national average.              https://www.sfchronicle.com/california/article/cost-living-elect       icity-california-21360801.php              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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