10 States to Live in if You Want Cheap Utility and Gas Bills - TheStreet

NEW YORK (TheStreet) -- Depending on which state you live in, your monthly energy costs can vary widely. In some states they're nearly double those of others.

About 7.3% of the average consumer's total annual income goes to energy costs, according to personal finance Web site WalletHub.

Just because local energy prices may be lower, however, that doesn't always equate to lower costs. Consumption is a key determinant in the total amount of an energy bill.

"In areas such as Southern Louisiana, with scorching summer weather but cheap electricity, households still end up with higher out-of-pocket costs than those in energy-expensive Northern California, where the temperate climate keeps heating and cooling units idle most of the year," WalletHub said in a report ranking state energy costs.

WalletHub compared the total monthly energy bills in each of the 50 states and the District of Columbia, examining consumption rates and prices of four energy types: electricity, natural gas, motor fuel and home heating oil.

Here's the list of states with the lowest monthly energy costs. Keep in mind, however, that average consumption played a big factor in the rankings. (

Click here

to see the 10 states with the highest average monthly energy costs.)

WalletHub sources: the U.S. Energy Information Administration, the Federal Highway Administration, the U.S. Environmental Protection Agency (EPA) and AAA's Daily Fuel Gauge Report.

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10. Louisiana
Average Monthly Energy Cost: $284
Electricity Cost: $141
Natural Gas Cost: $20
Motor Fuel Cost: $123
Home Heating Oil Cost: 2 cents

Louisiana has a population of approximately 4.6 million, according to 2014 U.S. Census data. The median household income in Louisiana for the five years through 2013 was $44,874, slightly below the nation's average of $53,046.

The state's unemployment rate for June was 6.4%, above the national average of 5.3%.

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9. California
Average Monthly Energy Cost: $280
Electricity Cost: $96
Natural Gas Cost: $32
Motor Fuel Cost: $153
Home Heating Oil Cost: 10 cents

California has a population of approximately 38.8 million, according to 2014 U.S. Census data. The median household income in California for the five years through 2013 was $61,094, slightly above the nation's average of $53,046.

The state's unemployment rate for June was 6.3%, above the national average of 5.3%.

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8. Florida
Average Monthly Energy Cost: $276
Electricity Cost: $148
Natural Gas Cost: $3
Motor Fuel Cost: $124
Home Heating Oil Cost: 2 cents

Florida has a population of approximately 19.9 million, according to 2014 U.S. Census data. The median household income in Florida for the five years through 2013 was $46,956, slightly below the nation's average of $53,046.

The state's unemployment rate for June was 5.5%, above the national average of 5.3%.

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7.Illinois
Average Monthly Energy Cost: $274
Electricity Cost: $87
Natural Gas Cost: $65
Motor Fuel Cost: $122
Home Heating Oil Cost: 25 cents

Illinois has a population of approximately 12.9 million, according to 2014 U.S. Census data. The median household income in Illinois for the five years through 2013 was $56,797, slightly above the nation's average of $53,046.

The state's unemployment rate for June was 5.9%, above the national average of 5.3%.

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6. New Mexico
Average Monthly Energy Cost: $274
Electricity Cost: $87
Natural Gas Cost: $35
Motor Fuel Cost: $151
Home Heating Oil Cost: 3 cents

New Mexico has a population of approximately 2.1 million, according to 2014 U.S. Census data. The median household income in New Mexico for the five years through 2013 was $44,927, below the nation's average of $53,046.

The state's unemployment rate for June was 6.4%, above the national average of 5.3%.

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5. Arizona
Average Monthly Energy Cost: $268
Electricity Cost: $136
Natural Gas Cost: $19
Motor Fuel Cost: $113
Home Heating Oil Cost: 1 cent

Arizona has a population of approximately 6.7 million, according to 2014 U.S. Census data. The median household income in Arizona for the five years through 2013 was $49,774, below the nation's average of $53,046.

The state's unemployment rate for June was 5.9%, above the national average of 5.3%.

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4. Oregon
Average Monthly Energy Cost: $261
Electricity Cost: $105
Natural Gas Cost: $28
Motor Fuel Cost: $126
Home Heating Oil Cost: $3

Oregon has a population of approximately 4 million, according to 2014 U.S. Census data. The median household income in Oregon for the five years through 2013 was $50,229, below the nation's average of $53,046.

The state's unemployment rate for June was 5.5%, above the national average of 5.3%.

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3. Washington
Average Monthly Energy Cost: $245
Electricity Cost: $99
Natural Gas Cost: $30
Motor Fuel Cost: $113
Home Heating Oil Cost: $2.95

The state of Washington has a population of approximately 7 million, according to 2014 U.S. Census data. The median household income in Washington for the five years through 2013 was $59,478, above the nation's average of $53,046.

The state's unemployment rate for June was 5.3%, matching the national average.

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2.Colorado
Average Monthly Energy Cost: $244
Electricity Cost: $93
Natural Gas Cost: $44
Motor Fuel Cost: $107
Home Heating Oil Cost: 10 cents

Colorado has a population of approximately 5.4 million, according to 2014 U.S. Census data. The median household income in Colorado for the five years through 2013 was $58,433, above the nation's average of $53,046.

The state's unemployment rate for June was 4.4%, below the national average of 5.3%.

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1. District of Columbia
Average Monthly Energy Cost: $223
Electricity Cost: $79
Natural Gas Cost: $51
Motor Fuel Cost: $84
Home Heating Oil Cost: $8.76

The District of Columbia has a population of approximately 660,000, according to 2014 U.S. Census data. The median household income in Colorado for the five years through 2013 was $65,830, above the nation's average of $53,046.

The District of Columbia's unemployment rate for June was 7%, above the national average of 5.3%.