With nearly 15 million people having moved in 2020, the personal-finance website WalletHub today released its report on 2021’s Best States to Live in and Massachusetts fared extremely well.
To help Americans find the best and most affordable place to live possible, WalletHub compared the 50 states across key indicators of livability. They range from housing costs and income growth to education rate and quality of hospitals.
Massachusetts came in 2nd best in the country. New Jersey was ranked #1.
The Bay State ranked 8th in Least % of Population in Poverty, 5th in Income Growth, 1st in % of Insured Population, 2nd in Lowest % of Adults in Fair or Poor Health, 5th in Avg. Weekly Work Hours, 9th in Restaurants per Capita, and 14th in WalletHub “States that are Recovering the Quickest from COVID-19” Rank.
Rhode Island came in 36th ranking 48th in affordability and 46th in lowest home ownership rate.
Alaska came in at #49 with New Mexico dead last.
In order to determine the best and worst states to live in, WalletHub compared the 50 states across five key dimensions: 1) Affordability, 2) Economy, 3) Education & Health, 4) Quality of Life, and 5) Safety.
WalletHub evaluated the 5 dimensions using 52 metrics. Each metric was graded using a 100-point scale, with a score of 100 representing the best living conditions.
For more on the rankings, click here.