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canada goose The 5 states where teachers earn the most Emmie Martin Sep. 29, 2016, 1:13 PM Teachers earn the most in Michigan. Tim Boyle/Getty Images For the most part, teachers aren’t in it for the money. Despite educating the country’s future leaders and innovators, most educators work long hours for only modest compensation. Last year, a global study by the Organization for Economic Cooperation and Development found that American elementary school teachers make around 22% less than their peers in almost every other industry. Wages for middle and high school teachers didn’t fare much better: The study found that they had largely frozen since the financial crisis in 2008. But location can play a significant factor on how much a teacher makes. Personal finance site WalletHub recently ranked the best and worst states to be a teacher, considering factors such as average starting salary, median annual salary, income growth potential, and average teacher pensions, as well as non-salary metrics like public school enrollment growth, school safety, and student-teacher ratio. (You can read WalletHub’s full methodology here.) Though teachers earn less than many other professionals nationwide, when you adjust for cost of living www.prolocogalliera.it , teachers’ salaries stretch a lot further in a few places. Here are the states where teachers earn the most, as adjusted for cost of living: Michigan— $70,042 Illinois— $63,567 Pennsylvania— $63,098 Wyoming— $62,242 Ohio— $60,984 Michigan’s $70,000 annual salary stands in stark contrast to the lowest-paying state, Hawaii, where teachers earn less than half as much — just $34 Canada Goose outlet online ,063 on average. This stems in part from Michigan’s lower cost of living, which allows teachers to get more out of each paycheck. SEE ALSO: A man who became a millionaire in 10 years shares his best advice for 20-somethings who want to do the same DON'T MISS: A financial planner recommends these 3 books for people who want to learn the best ways to handle their money NOW WATCH: This smartphone has 5 cameras — here's what it's like canada goose parka