North Dakota is well-known for our agriculture and energy industry — to the point where a major part of our newscast is entirely dedicated to it. But as a new study shows, paying our energy bills can be a costly endeavor, even more so here than in other places around the US.
Approximately 1/4th of all U.S. households already spend more than 6% of their income on utility bills, but there are plenty of factors that can contribute to lowering this amount — or, in many cases, raise it even higher. Such is the case with where an individual lives. The area where one lives and their own energy habits may play a serious effect on their bills — and to see which parts of the United States spent the most on these mandatory expenses, Wallethub set to record data throughout the country.
During their study, WalletHub compared the average monthly bills for different types of energy across all 50 states, as well as the District of Columbia, and weighed them against one another to assign ranks. When each of these costs and ranks were added together, it was determined that despite our focus on energy and agriculture, the cost of energy in the Peace Garden State is much higher than the national average. Below is a list of the ten most energy-expensive states in the US, and how the individual prices for each form of energy stack up to the rest of the nation.
Source: kxnet.com
Photo Credit: gettyimages-mrdoomits
Categories: North Dakota, Energy