Democrat-run states are struggling with affordability, with nine out of 10 of the most expensive states being led by Democrats. According to a recent study by CNBC, these states have high costs of living due to pro-labor rules, regulatory overreach, and reckless spending.
High Taxes and Energy Costs
California, for example, has the highest energy costs in the nation, with a monthly energy bill averaging $373. The state’s 92-cent-per-gallon tax on gasoline is also the highest in the US. Other Democrat-run states, such as New York and Illinois, also have high taxes and energy costs.
The study found that the top 10 most expensive states are California, Colorado, Hawaii, Oregon, New York, Rhode Island, Connecticut, Washington, and Illinois. These states have above-average rents and other costs, making them unaffordable for many residents.
Republican-Led States More Affordable
In contrast, Republican-led states are among the most affordable in the nation. States such as Missouri, Ohio, Indiana, Alabama, and West Virginia have lower costs of living and are more business-friendly. These states have lower taxes, fewer regulations, and more affordable housing options.
The study’s findings are consistent with the idea that Democrat policies, such as high taxes and pro-labor rules, can drive up costs and make states less affordable. As the nation continues to grapple with issues of affordability and economic growth, it is clear that state-level policies play a significant role in shaping the cost of living.
Original reporting: Fox News (HLL/CB) — read the source article.