California Ranks Last in Opportunity Due to High Cost of Living, According to Report

California has earned the unfortunate distinction of ranking last in opportunity due to its high cost of living, as reported by U.S. News and World Report. The state’s cost of living, economic opportunity, and income inequality were assessed to create this opportunity metric, with California’s exorbitant cost of living being the primary factor behind its low ranking. State Senator Brian Dahle expressed concerns about the rising costs of housing, electricity, and gas in California, attributing it to excessive taxation and regulation by Democrats. For instance, the average home in California requires a household income three times higher than the median in order to afford it. In addition, gas prices in California surpass those in Hawaii, and proposed taxes could drive them even higher in the coming years. Energy costs in the state are also among the highest in the nation. Furthermore, the Metropolitan Water District of Southern California is increasing water rates by 40% due to revenue losses from high water conservation levels, further straining the budgets of Californians.