INDIANA (WOWO): Indiana is the 6th most “energy-expensive” state in the country.
That’s according to a study released today by personal finance website WalletHub. In the U.S., energy costs take up between 5% and 22% of families’ total after-tax income, with the poorest Americans paying the most.
The average total monthly energy cost in Indiana is $333, with electricity and gas prices taking up the lion’s share of costs. Indiana was also ranked the 4th most expensive for monthly motor fuel costs with an average of $169.
Neighboring states Ohio came in at 35th most expensive, Michigan at 25th, and Illinois at 45th. Read the full study here.