The article discusses the substantial amounts Americans spend on health care, averaging $9,130 annually, with significant state-level variations ranging from $6,833 in lower-spending states to $13,015 in higher-spending states. Over the last ten years, health care costs have surged 64.1%, surpassing inflation rates. The relationship between health care expenditures and the overall cost of living reveals noteworthy discrepancies where some affordable states incur unexpectedly high health care costs. The ranking of states is based on data sourced from the Bureau of Economic Analysis and the U.S. Census Bureau, reflecting personal consumption expenditures per capita in 2023.
The average American spends $9,130 on health care per year, which varies dramatically by state, with costs ranging from $6,833 to $13,015.
Over the past decade, health care costs for Americans have increased by 64.1%, significantly outpacing overall inflation, leading to a total annual health expenditure of $3.1 trillion.
While health care costs generally correlate with cost of living, some states show significant discrepancies where residents face high health care costs despite a lower overall cost of living.
Data from personal consumption expenditures and U.S. Census Bureau reveal the stark contrast in annual per capita health care spending across states in the U.S.
#health-care-spending #cost-of-living #inflation #state-by-state-analysis #personal-consumption-expenditures
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