California is notorious for having high living expenses, especially for housing, so it is no surprise that a $300,000 homebuying budget won’t get you far in the Golden State.

Researchers at Go Banking Rates, a personal finance website, analyzed how much a $300,000 budget would get prospective home buyers in each state. California wasn’t considered the best place to look for homes with a fixed budget.

Researchers analyzed the typical single-family home prices in each state using the latest Zillow data to determine which states are the most and least cost-effective for those that have a homebuying budget.

In the Golden State, the average cost of a home is $744,023, reseachers found. Experts with the California Association of Realtors found that the median price per square foot is $373.

Those with a budget of $300,000 could only buy 804 square feet.

Researchers found that a $300,000 home budget also wouldn’t go far in the following states:

  • Idaho
  • New Hampshire
  • New Jersey
  • Oregon
  • Utah
  • Colorado
  • Washington
  • Massachusetts
  • Hawaii

Hawaii was considered to be the state where a $300,000 home budget would give prospective home buyers the least bang for their buck.

However, it’s not all bad news for potential home buyers with a fixed budget. The study considered the following states gave buyers the most value on a fixed homebuying budget.

  • West Virginia
  • Mississippi
  • Arkansas
  • Louisiana
  • Kentucky
  • Oklahoma
  • Iowa
  • Alabama
  • Ohio
  • Kansas

Kansas was considered to be the “best” state to purchase a home with a $300,000 budget.