{"id":235462,"date":"2025-10-19T03:52:12","date_gmt":"2025-10-19T03:52:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/235462\/"},"modified":"2025-10-19T03:52:12","modified_gmt":"2025-10-19T03:52:12","slug":"10-states-where-achieving-the-american-dream-is-still-in-your-budget","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/235462\/","title":{"rendered":"10 States Where Achieving the American Dream Is Still in Your Budget"},"content":{"rendered":"

The American Dream is something that many families aspire to achieve. Every person\u2019s idea of the vision varies, but it often includes owning a home<\/a> and achieving financial goals. It\u2019s easy to believe that the current economic headwinds make achieving the ideal impossible.<\/p>\n

For You: What Class Do You Actually Belong To? The Income Breakdown Might Shock You<\/a><\/p>\n

Discover Next: 6 Big Shakeups Coming to Social Security in 2025<\/a><\/p>\n

However, a poll from Pew Research<\/a> shows differently, as the organization found that 53% of Americans said the dream is still achievable. Find out below how to achieve the American Dream and which states make it easy on your budget.<\/p>\n

How To Achieve the American Dream<\/p>\n

Key to making the American Dream a reality is living in a low-cost-of-living<\/a> state. For example, you may want to consider a location where housing is available at a price below the median price of a home, as reported by Yahoo Finance<\/a>, which is $410,000. That price is ten times higher than it was 50 years ago, so it takes due diligence to identify the right location.<\/p>\n

Housing isn\u2019t the only cost to keep in mind. Homeowners insurance is another expense Americans must consider, largely due to the impact of climate change. The average premium increased 8.7% faster than the rate of inflation<\/a> in 2018 to 2022, according to the U.S. Department of the Treasury<\/a>. Some ZIP Codes may be markedly higher, depending on their exposure to climate-related events.<\/p>\n

Check Out: 25 Places To Buy a Home If You Want It To Gain Value<\/a><\/p>\n

Location, Location, Location<\/p>\n

Where you live directly impacts your capacity to achieve the American Dream, as it can affect costs like groceries<\/a>, childcare, utilities<\/a> and more.<\/p>\n

A study sent via email from DST Gaming<\/a> shows the top ten states where the American Dream remains within a typical budget, based on median family income, the cost to achieve it and the cost as a percentage of income. The study based its results on various factors, including housing-related costs, transportation and food expenses. Here are the ten states where attaining the American dream is still within reach.<\/p>\n

Iowa<\/p>\n

Median family income: $83,592<\/p>\n

American dream cost: $60,786.44<\/p>\n

American dream cost (% of income): 72.72%<\/p>\n

North Dakota<\/p>\n

Median family income: $89,505<\/p>\n

American dream cost: $67,546.65<\/p>\n

American dream cost (% of income): 75.47%<\/p>\n

South Dakota<\/p>\n

Median family income: $83,730<\/p>\n

American dream cost: $63,887.93<\/p>\n

American dream cost (% of income): 76.30%<\/p>\n

Kansas<\/p>\n

Median family income: $82,685<\/p>\n

American dream cost: $64,430.67<\/p>\n

American dream cost (% of income): 77.92%<\/p>\n

New Hampshire<\/p>\n

Median family income: $99,807<\/p>\n

American dream cost: $80,229.21<\/p>\n

American dream cost (% of income): 80.38%<\/p>\n

Virginia<\/p>\n

Median family income: $95,482<\/p>\n

American dream cost: $77,750.30<\/p>\n

American dream cost (% of income): 81.43%<\/p>\n

Michigan<\/p>\n

Median family income: $77,600<\/p>\n

American dream cost: $63,356.75<\/p>\n

American dream cost (% of income): 81.65%<\/p>\n

Idaho<\/p>\n

Median family income: $78,980<\/p>\n

American dream cost: $65,108.59<\/p>\n

American dream cost (% of income): 82.44%<\/p>\n

Nebraska<\/p>\n

Median family income: $83,412<\/p>\n

American dream cost: $68,918.66<\/p>\n

American dream cost (% of income): 82.62%<\/p>\n

Wisconsin<\/p>\n

Median family income: $82,346<\/p>\n

American dream cost: $68,044.50<\/p>\n

American dream cost (% of income): 82.63%<\/p>\n

Ultimately, attaining the American Dream is still possible, but where you live can directly improve your chances.<\/p>\n

More From GOBankingRates<\/p>\n

This article originally appeared on GOBankingRates.com<\/a>: 10 States Where Achieving the American Dream Is Still in Your Budget<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The American Dream is something that many families aspire to achieve. Every person\u2019s idea of the vision varies,…\n","protected":false},"author":2,"featured_media":235463,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101,130488,130487],"class_list":["post-235462","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-median-family-income","tag-the-american-dream"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/235462","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=235462"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/235462\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/235463"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=235462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=235462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=235462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}