The 10 Most Luxury-Obsessed States in America

Think your state is obsessed with the finer things in life? Now there’s a way to actually prove it.
A new study by Slot.Day revealed which states are the most concerned with luxury living. The study looked into factors like the number of billionaires per million people, the cost of a luxury home (and how many luxury homes are available on Zillow), and the number of monthly searches for “Buy [luxury brand]” per 1,000 people in order to determine how important wealth is in each state. The states were then assigned a composite score and ranked accordingly. Here are the 10 most luxury-obsessed states based on Slot.Day’s data.
1. New York

Billionaire rate per 1 million people: 6.93
Luxury home price: $885,815
Monthly searches for “Buy [luxury brand]” per 1,000 people: 737
2. California

Billionaire rate per 1 million people: 4.78
Luxury home price: $1,452,034
Monthly searches for “Buy [luxury brand]” per 1,000 people: 666
3. Connecticut

Billionaire rate per 1 million people: 3.59
Luxury home price: $685,716
Monthly searches for “Buy [luxury brand]” per 1,000 people: 618
4. Massachusetts

Billionaire rate per 1 million people: 3.13
Luxury home price: $1,032,394
Monthly searches for “Buy [luxury brand]” per 1,000 people: 598
5. Florida

Billionaire rate per 1 million people: 3.39
Luxury home price: $697,388
Monthly searches for “Buy [luxury brand]” per 1,000 people: 710
6. New Jersey

Billionaire rate per 1 million people: 0.54
Luxury home price: $857,039
Monthly searches for “Buy [luxury brand]” per 1,000 people: 702
7. Washington

Billionaire rate per 1 million people: 1.66
Luxury home price: $1,126,696
Monthly searches for “Buy [luxury brand]” per 1,000 people: 471
8. Colorado

Billionaire rate per 1 million people: 2.03
Luxury home price: $877,387
Monthly searches for “Buy [luxury brand]” per 1,000 people: 489
9. Maryland

Billionaire rate per 1 million people: 1.78
Luxury home price: $677,712
Monthly searches for “Buy [luxury brand]” per 1,000 people: 533
10. Hawaii

Billionaire rate per 1 million people: 1.4
Luxury home price: $1,364,964
Monthly searches for “Buy [luxury brand]” per 1,000 people: 828