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The 5 states where it’s easiest to start saving — and the 5 hardest

9 20
13.01.2026
1 / 12 List slidesThe 5 states in America where it’s easiest to start saving — and the 5 where it's hardest List slides PreviousStart overPersonal Finance

The 5 states in America where it’s easiest to start saving — and the 5 where it's hardest

A Bankrate report spotlights the five states where saving is easiest, and the five where high costs and taxes make it harder to build wealth

ByHaley ChamberlainPublished 15 hours ago|Updated 11 hours ago Start Slideshow

Saving money is personal, but the state you live in can tilt the odds in your favor — or potentially stack them against you. 

A recent Bankrate analysis ranked all fifty U.S. states on how friendly they are to building savings. The report factors in economic conditions, tax burdens, and the local deposit interest environment into an overall score that shows where residents might find it easier — or more difficult — to put money aside. 

According to the data, a pattern emerges across the top five easiest states: lower costs, lighter tax burdens, and stronger job growth. At the other end of the spectrum, states where it’s hardest to save money tend to share two burdens: high living costs and heavy tax loads.

These rankings aren't just trivia. People considering a move, remote workers comparing cost trade-offs, and anyone planning for long-term financial stability can consider this data as they weigh major decisions.

While personal circumstances........

© Quartz