The state has a cost-of-living crisis that drives the middle class away, thanks to factors including:
- •Energy costs: Californians pay the highest electricity rates in the continental United States — nearly double the national average.
- •Gas prices: Aggressive environmental taxes and regulatory premiums keep California’s gas prices much higher than in the rest of the country.
- •The poverty paradox: Despite its vast wealth, California has the highest poverty rate in the nation when accounting for the cost of living. More than 7 million residents lack the resources to meet basic needs.
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