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Minnesota nation's third best state for making a living


Washington state is first. Texas is second. And Minnesota is the third best place in which to make a living according to a new study by Moneyrates.com.

The state "moved up three slots from sixth last year, largely on the strength of a very low unemployment rate and excellent workplace conditions,” according to the study’s website. “The state does have a higher-than-average cost of living and tax burden, but incomes in the state are more than enough to make up for these disadvantages.”

The list accounts for each state's average salary, cost of living, unemployment rate and workplace satisfaction. The study then uses that data to rank the 10 best and worst.

 
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