According to a new study, the cost of living in California imposes an extra $26,479 each year on a typical middle-class family. “Our methodology calculates that a typical middle-class family of three earning $130,000 a year faces a “Cost of California” penalty of $26,478.72 versus if they simply paid the national average of cost in each category,” wrote the Transparency Foundation in their report. The study compared costs in major household budget categories between national and California averages, such as housing, taxes and transportation. In California, renters pay 47% more than the national average, while homeowners pay 32% more, healthcare...