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GOBankingRates
GOBankingRates
Stacy Sare Cohen

Are Your Politics Costing You Money? 5 Cities Loved by Republicans That Are Actually Financial Traps

Barbara Smyers / Getty Images/iStockphoto

The cost of living in the average blue state was 13% higher than the average red state in 2023, according to data obtained by the Berkeley Economy and Society Initiative.

Housing costs drove much of the difference — prices were 52% higher in blue-leaning states than in red ones — along with higher salaries, housing shortages and stricter housing production regulations, the Initiative reported.

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