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Zero Hedge
ZeroHedge
12 Jul 2024


NextImg:Mapping Americans' Energy Costs By State In 2024

Despite the average energy consumption per person trending downward since 2000, energy cost still represents a significant part of American household budgets.

This map, via Visual Capitalist's Bruno Venditti, compares the total monthly energy bills in each of the 50 states.

WalletHub calculated each state’s average monthly energy bill by multiplying the average consumption of electricity, natural gas, home heating oil, and motor fuel by their respective prices and adding these amounts together as of June 3, 2024.

Wyoming has the highest energy costs in 2024.

The state has the highest gas and residential oil consumption per capita, and residents’ average monthly energy bill is $1,591. Among many factors, the state also has extremely cold winters, and many residents live in remote areas with limited heating options.

North Dakota, another state with harsh winters, has the second-most expensive average monthly energy bill, at $840. Interestingly, aside from heating oil, energy is relatively inexpensive in the state. It’s just high usage that drives up monthly bills.

Iowa is the third-most energy-expensive state, with residents’ average monthly energy bill costing $798, about half of the cost in Wyoming.

Overall RankStateTotal Energy Cost1Wyoming$1,5912North Dakota$8403Iowa$7984Montana$7875Minnesota$7826Massachusetts$7597Connecticut$7508Alaska$7169South Dakota$70910Virginia$69411Rhode Island$69012Utah$68413Alabama$67714Pennsylvania$66915Maryland$66516New Hampshire$66218West Virginia$65917Wisconsin$65920Indiana$64519Maine$64521Vermont$64422New Jersey$64323Ohio$63024Illinois$62225Washington$61827Idaho$59126Oregon$59128New York$58929Hawaii$58330Michigan$58331Missouri$57832Delaware$56433North Carolina$55734Kentucky$55635Arkansas$54136Nevada$53837Georgia$53338South Carolina$53339Tennessee$52440Oklahoma$47741Californa$47642Louisiana$47443Colorado$47044Florida$46245Mississippi$45746Nebraska$45347Texas$43748Kansas$43649Arizona$40050New Mexico$376

Meanwhile, New Mexico is the state with the lowest energy costs, at $376.

According to the U.S. Energy Information Administration, the highest energy consumption of the year is recorded during summer in July, followed by August.