The Best and Worst States for Making a Living in 2015

beautiful austin skyline...
ShutterstockThe skyline of Austin, Texas.
By Skye Gould

Choosing a place to live where you can find good, well-paid work and stretch your paycheck to cover your costs can be difficult.

To help you out, the personal finance site MoneyRates used several data sources, including the US Bureau of Labor Statistics, to determine the best and worst states for making a living in 2015. The ranking is based on five factors: average wages, state tax rates, cost of living, unemployment rates, and incidents of workplace injuries.

Check out the best and worst states below:

Texas topped the "best" list with a below-average cost of living and no state income tax.

Other states, such as Hawaii and Oregon, have much higher costs of living and state taxes.

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