The following is from a piece from Fox Business:
“Middle-class families in California are getting slammed with an “unreasonable” cost-of-living-penalty for simply residing in the Golden State, according to a new report.
“According to data from the Transparency Foundation’s Cost of California Report, a typical middle-class family of three earning $130,000 a year faces a financial burden of more than $26,000 because of higher living expenses.
“The foundation’s data showed that on every household budget, the cost to live in California is exponentially higher compared with the national average, according to Transparency Foundation Chairman Carl DeMaio, who laid blame on “costly mandates and bad policies.”
“DeMaio is calling on residents to demand a true cost-benefit analysis on every state law, regulation and mandate that is not imposed in other states.
Here are the costs for California versus the national average in each category, according to the Transparency Foundation:
- Housing: Homeowners pay 32% more in California and renters pay 47% more
- Gas: 25% more on average
- Food: Grocery bills are 4% higher
- Water: 47% higher
- Health care services: 42% higher
- State and local taxes: 14% higher
- Child care: 34% higher
- Electricity: 48% higher
- Car insurance: 22% higher
- Health insurance: 3% less
- Homeowner’s insurance: 68% less
This should be a warning to those who live outside of California …
Consider what would happen to our country if Gavin Newsom, the present governor of California, became President! OMG!
11/13/23