FAIRFIELD COUNTY, Conn. -- Feel like your energy bill is high?
WalletHub says you might be right, especially in Connecticut.
April may be the cruelest month, to quote T.S. Eliot, but July is the hottest -- and also the time when many families pull up stakes.
And since consumers spend about 7.3 percent of their average annual income on energy costs, the personal finance website says, it makes good financial sense to keep those in mind when contemplating a move.
The personal finance website has just released a follow-up on its analysis of the best and worst cities for families with an in-depth look at which states have the lowest, and the highest, energy costs.
Factoring in electricity, natural gas, motor fuel and home heating oil costs, Connecticut landed in first place with a monthly average of $410. Wyoming came in second at $355 a month; Massachusetts, third, with $352.
The cost of cranking up the old AC in the summer months isn’t the only thing to worry about; Old Man Winter is skulking just around the corner.
WalletHub pointed out that, in Northeastern states, between 10 and 66 percent of households use oil for heating, compared with less than 3 percent of households in the rest of the country.
Connecticut was also among the top five most expensive places, energy-wise, in two subcategories: heating-oil prices and heating-oil consumption.
In heating-oil prices, Connecticut was neck and neck with New Jersey and Massachusetts, but behind New York and the District of Columbia.
In heating-oil consumption, Connecticut was beaten out by Maine for the top ranking, but it was higher than New Hampshire, Vermont and Rhode Island.
For the full WalletHub report, and chart, click here .
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