If you and your family are deciding where to put down roots in the ol’ US of A, one of the main considerations may be cost of living. How much will housing cost in each state? How much will groceries be? What is the price of car insurance?
Cost of living, however, can have just as much to do with state taxes as it does with upfront, sticker prices. Examples of state taxes include charges like income tax, property tax, and sales tax — extra costs that can dramatically change one’s cost of living by reducing take-home pay.
