The Best States for Millennials' Money and Health

Some places are barely livable for millennials. And it has nothing to do with avocado toast.

It's because the largest generation in the American workforce today is earning 20% less than the boomer generation, and location is key for these 25- to 40-year-olds trying to build a life.

In order to determine the most livable states for this generation, personal finance site WalletHub compared the 50 states and the District of Columbia across 30 key metrics. The data set categories include education/health, quality of life, economic health, civic engagement, and affordability (which, besides housing cost, average earnings, and homeownership rate, also factor in the average price of a latte at Starbucks) (SBUX)  .

These are the best states for millennials.

(Above, Washington, D.C. Photo: Kristi Blokhin / Shutterstock)

1. District of Columbia
1. District of Columbia

1. District of Columbia

Besides being at the top of the list, D.C. also ranks No. 1 for both education/health, and quality of life. It also has the highest average earnings for millennials.

Photo: 4kclips / Shutterstock.com

2. North Dakota
2. North Dakota

2. North Dakota

North Dakota ranks as the most affordable of all 50 states as well as No. 1 for economic health. It also has the lowest unemployment rate among millennials.

Photo: David Harmantas / Shutterstock

3. Minnesota
3. Minnesota

3. Minnesota

Minnesota has the highest rate of homeownership for millennials of all 50 states. It also ranks No. 2 for civic engagement. Above, people participate in the women's march in St. Paul in 2016.

Photo: Ken Wolter / Shutterstock

4. Massachusetts
4. Massachusetts

4. Massachusetts

Massachusetts ranks No. 2 of all 50 states for education/health, and No. 3 for quality of life. The state has the highest percentage of millennials with health insurance coverage. Above, Boston.

Photo: Marcio Jose Bastos Silva / Shutterstock

5. Iowa
5. Iowa

5. Iowa

Iowa is No. 5 for affordability, with the lowest housing cost of all 50 states, and No. 4 for lowest unemployment among millennials. Above, Bettendorf, Iowa.

Photo: Shutterstock

6. Wisconsin
6. Wisconsin

6. Wisconsin

Wisconsin ranks No. 5 for quality of life. Above, Lake Monona in Madison.

Photo: Shutterstock

7. Utah
7. Utah

7. Utah

Utah has the fourth highest rate of homeownership among millennials.

Photo: Shutterstock

8. Nebraska
8. Nebraska

8. Nebraska

Nebraska has the second lowest unemployment rate among millennials, after North Dakota. Above, Omaha.

Photo: Shutterstock

9. Colorado
9. Colorado

9. Colorado

Colorado is among the three states with the highest economic health ranking.

Photo: Sean Xu / Shutterstock

10. South Dakota
10. South Dakota

10. South Dakota

South Dakota has the third lowest unemployment rate among millennials in all 50 states.

Photo: Shutterstock

11. Washington
11. Washington

11. Washington

Washington ranks No. 4 for highest average earnings for millennials. Above, dancers at Olympic Sculpture Park in Seattle.

Photo: bakdc / Shutterstock.

12. New Hampshire
12. New Hampshire

12. New Hampshire

New Hampshire is No. 2 for economic health. Above, Portsmouth, N.H.

Photo: Shutterstock

13. Pennsylvania
13. Pennsylvania

13. Pennsylvania

Ranked 13 overall, Pennsylvania ranks No. 36 for economic health, and 15 for quality of life. Above, the South Street shopping district in Philadelphia.

Photo: James Kirkikis / Shutterstock

14. Vermont
14. Vermont

14. Vermont

Vermont is in the top four for education/health among all 50 states.

Photo: Shutterstock

15. Connecticut
15. Connecticut

15. Connecticut

Connecticut ranks poorly for affordability (No. 41) but high (No. 3) for education/health. Above, Westport, Conn.

Photo: Shutterstock

16. Ohio
16. Ohio

16. Ohio

Ohio is one of the 12 most affordable states, but ranks No. 37 in economic health. Above, Dayton, Ohio.

Photo: Shutterstock

17. Texas
17. Texas

17. Texas

Texas ranks No. 1 for the lowest percentage of millennials with depression, but fewer millennials have health insurance coverage in Texas than in any other state.

Photo: D Guest Smith / Shutterstock

18. Illinois
18. Illinois

18. Illinois

At No. 18, Illinois is middle of the road. It's in the top 12 for quality of life but ranked No. 45 for economic health. Above, the Jay Pritzker Pavilion in Millennium Park in Chicago.

Photo: Nick Fox / Shutterstock

19. New York
19. New York

19. New York

New York is in the top two for highest average earnings for millennials, as well as a low rate of depression.

Photo: Shutterstock

20. Virginia
20. Virginia

20. Virginia

Virginia scores sixth highest for civic engagement. Above, Richmond, Va.

Photo: Shutterstock

21. Missouri
21. Missouri

21. Missouri

Missouri is one of the cheapest states to live, ranked No. 6 for affordability. Above, Kansas City, Mo.

Photo: Shutterstock

22. California
22. California

22. California

California was one of the five states with the highest average earnings for millennials, and ranked No. 3 for the lowest rate of depression among millennials. Above, downtown Ventura, Calif.

Photo: Valeria Venezia / Shutterstock

23. Kansas
23. Kansas

23. Kansas

One of the cheaper states to live (it ranks 20 for affordability) Kansas ranks No. 36 for quality of life. Above, Wichita.

Photo: Shutterstock

24. Wyoming
24. Wyoming

24. Wyoming

Wyoming had one of the lowest rates (third among all 50 states) of millennials living with their parents. Above, Jackson Lake in Grand Teton National Park.

Photo: B Brown / Shutterstock

25. Indiana
25. Indiana

25. Indiana

Indiana was in the top 10 (No. 9) for affordability. Above the University of Indiana, Bloomington.

Photo: Ken Wolter / Shutterstock

26. Rhode Island
26. Rhode Island

26. Rhode Island

Although No. 8 in the education & health category, Rhode Island has one of the highest rates of depression among millennials in the 50 states. Above, Providence.

Photo: Shutterstock

27. Michigan
27. Michigan

27. Michigan

Michigan was No. 15 for affordability, but ranked 43 for economic health. Above, Detroit.

Photo: f11photo / Shutterstock

28. Maine
28. Maine

28. Maine

Of all 50 states and D.C., Maine has the lowest percentage of millennials.

Photo: Gary Yim / Shutterstock

29. Alaska
29. Alaska

29. Alaska

Alaska was one of the four states with the highest percentage of millennials. Above, downtown Juneau.

Photo: Felix Lipov / Shutterstock

30. Maryland
30. Maryland

30. Maryland

Maryland is one of the least affordable states, ranked No. 47 in that category. Above, Annapolis.

See the ranking of all 50 states at WalletHub.

Photo: Shutterstock

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