New York Among Best States To Live In, Says New Report

NEW YORK — New York is one of the best states to live in, according to a new report from WalletHub.

To arrive at the rankings, the personal finance site compared all 50 states across five key categories: affordability; economy; education and health; quality of life; and safety.

Each category was evaluated using 52 relevant metrics — such as housing costs, income-growth rate, and the quality of hospitals. Those metrics were then graded on a 100-point scale, with a score of 100 representing the most favorable living conditions.

So, which state came out on top this year? And where did New York fall on the list?

For 2021, WalletHub data crunchers have determined New Jersey is the best state to live in. It received a total score of 63.01.

Massachusetts took the No. 2 spot, with a score of 62.60, and New York ranked third on the list, with a score of 61.63.

Here's the breakdown for the Empire State:

• Affordability: 47
• Economy: 33
• Education and Health: 18
• Quality of Life: 1
• Safety: 2

Rounding out the top 10 are Idaho, Minnesota, Wisconsin, Utah, New Hampshire, Iowa, and Pennsylvania.

The worst state to live in is New Mexico, according to WalletHub.

Click here to see the full list of states and an explanation of WalletHub's methodology.