DataInvesting

WalletHub: highest and lowest energy costs by state

Study broke down eight energy categories and revealed high costs overall
  • WalletHub's Most & Least Energy-Expensive States list was based on energy costs, energy consumption, home heating and fuel costs.
  • The most expensive states for energy costs are all located on the East Coast: Connecticut, Massachusetts, Rhode Island and Vermont.
  • The lowest energy costs in the U.S. can be found in Oregon, Colorado, Washington State and Washington D.C.

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Source: WalletHub Home affordability goes way beyond its listing price, and homeowners need to consider the costs of things like energy before making a purchasing decision. WalletHub's recently released list of 2016's Most & Least Energy-Expensive States could impact homebuying choices, measuring states by energy costs, energy consumption, fuel costs and more. According to the report, the four highest energy cost states were all on the East Coast. Connecticut, Massachusetts, Rhode Island and Vermont ranked high with total energy costs between $404 and $332. Coming in the no. 5 spot was Georgia, where the total energy cost was $328. Monthly energy costs were the cheapest in Washington D.C., where the average monthly energy bill was $82. Total energy cost was reported at $219, ranking the District in the no. 50 spot as the second-cheapest  area for energy. The highest cost for D.C. locals was monthly natural gas costs, which ranked eighth highest in the nation. Ho...