New analysis reveals that U.S. households spend between 2% and 18.4% of their take-home pay on home and auto insurance — driven by geography, climate exposure, and state policy.
MoneyGeek reviewed standardized 2025 insurance premiums and median take-home income across all 50 states + D.C. and found significant state-to-state differences.
Top burdens: Louisiana – 18.4%, Florida – 16.65%, Oklahoma – 15.32%, Mississippi – 12.91%, Texas – 10.97%
High-risk states, such as Louisiana and Florida, now spend more on insurance than the average U.S. food budget, while low-risk states spend under 3%.
Data Sources: ACS 2023 income; IRS tax tables; NOAA disaster data; NAIC.
Posted by mark-fitzbuzztrick
4 Comments
Would love to see these costs matched against state taxes as well as median household incomes to showcase total cost of living
…is it more affordable to live in a blue state with higher state taxes or a red state with higher insurance costs?
All I can say is I’m glad people in high flood risk areas are approaching the real cost of insurance for their property instead of having subsidies shoveled into their pockets for decades so they can live in those places and have others pay the cost for them.
My health insurance costs me double my home and auto insurance combined lol
Probably more tbh
Louisianan and insurance agent here (P&C and Life, I don’t fuck with health because it’s just gross…)
Here’s my comment from another sub:
I pay $300/month on auto and $220/month on my home. It sucks. I’m fortunate that that’s affordable for me at least.
It also makes it hard to write decent policies because people just outright can’t afford them sometimes. I’ve had plenty of people that see the value but literally can’t afford the payments so Uninsurrd Motorist goes, then the liability, then rental, and now we’re raising deductibles to unaffordable levels. It’s a shitty spot for people to be in. This sub (r/Insurance) will say “But they can’t afford to *not* have it” while neglecting that having it means they struggle to pay their light bill…or it lapses and they don’t have any coverage at all.