This Is Where Michigan Ranks On The List Of 'Best States To Live In'

There are plenty of components that go into what makes each state great, but some states "outshine" the others.

WalletHub, a personal finance website, released a list of 2021's Best States To Live In. The website reviewed data from all 50 states and focused on five "key dimensions," affordability, economy, education and health, quality of life, and safety.

WalletHub said:

Deciding on a place to call home can be a tough process. You'll need to balance things like the cost of living with job opportunities, quality of education and safety. Personal preference also comes into the equation, as you'll want to live somewhere with the types of attractions, recreational opportunities and weather that suit you. Luckily, there's 50 states to choose from, from frigid Alaska to sunny Florida. Each has its own benefits and drawbacks.

Earning a score of 53.28 out of 100, Michigan ranked No. 25.

Michigan also ranked No. 5 for the highest homeownership rate, No. 12 for quality of life, and No. 14 for affordability.

Here are the Top 20 Best States To Live In, according to WalletHub:

1. New Jersey
2. Massachusetts
3. New York
4. Idaho
5. Minnesota
6. Wisconsin
7. Utah
8. New Hampshire
9. Iowa
10. Pennsylvania
11. Vermont
12. Virginia
13. Wyoming
14. Florida
15. North Dakota
16. Colorado
17. South Dakota
18. Illinois
19. Maine
20. Nebraska

See the full list here.