According to new state rankings, California ranks last in opportunity because of its high cost of living, says US News and World Report.
The USNWR report uses cost of living, economic opportunity and equality to create its opportunity metric. California's worst cost of living was the main driver of the opportunity ranking, as its economic opportunity and income inequality were better than more than half of American states.
“California was the birthplace of opportunity where our ancestors came to seek a better life and pursue the California Dream,” state Sen. Brian Dahle, R-Bieber, told The Center Square, who was California Governor Newsom's opponent in the 2022 general election. “Housing, electric and gas continue to rise, and [Democrats’] The solution is to record, regulate and order regardless of the outcome.”
Housing in California is so expensive that the typical home requires a household income of $224,000, or three times the median household income, to afford it. Gasoline in California is more expensive even than in Hawaii, which must be imported across the Pacific Ocean, and the proposed taxes could raise gas prices an additional $1.11 per gallon by 2026. The state's energy is more expensive than that of any state other than Hawaii, driving the price even higher. cost of living
