Hawaii has the highest cost of living in the U.S.: The state has ‘really high home prices’ and expensive goods, expert says

Realtor.com identified Hawaii as the most expensive state in the U.S., surpassing California and New York. Factors contributing to Hawaii’s high cost of living include expensive home prices and the additional costs associated with transportation due to its remote location. California ranked second on the list, with high demand for housing and limited supply driving up prices. Energy prices in California are also notably high, with gas prices being the highest in the nation. To learn more about negotiating a higher salary, consider taking CNBC’s online course. Subscribe to CNBC Make It’s newsletter for tips on achieving success in work, money, and life.