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Which state is the cheapest to live in? US News ranks the states with the best economic affordability, based on the cost of living and housing affordability.
- Cost of Living
U.S. News ranks states based on the cost of living. See...
- Racial Equality
Maine’s 35,380 square miles make it the largest of the six...
- Mississippi
The overall Best States rankings from U.S. News & World...
- South Dakota
The 1868 Treaty of Fort Laramie granted the Lakota the Black...
- New Mexico
The United States invaded New Mexico in 1846. The empire's...
- Cheapest Places to Live
Most Affordable Places to Live in the U.S. in 2024-2025...
- Cost of Living
- Mississippi. Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3. It also has the lowest average housing costs in the nation at 33.7% below the national average.
- Kansas. The great state of Kansas is the second cheapest state to live in with a score of 86.5. Housing is particularly affordable, coming in as the third-cheapest housing costs in the nation with the median cost of a single-family home at around $176,898.
- Alabama. Alabama the beautiful comes in third for overall lowest cost of living with a 87.9 cost of living index score. The median home price here is $170,184 which is second cheapest behind only Mississippi.
- Oklahoma. Fourth on our list is Oklahoma with an overall score of 87.9. It is also one of the cheapest states in several categories including healthcare, groceries and housing.
- The Cost of Living Index
- The 5 Cheapest States to Live in
- Lowest Cost of Living Between All States
- Living Wage by State 2023
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The Cost of Living index calculates the average cost of living at 100. Every state that averages less than 100is considered below the national average for the Cost of Living. States that are over 100, their cost of living is above the national average. The average cost of living takes food, shelter, clothing, utilities, transport, healthcare, publi...
Here is our top 5 list of cheapest states to live inthe U.S. based on 2 adults working in a household of 4 people. The monthly rent reflects the average rent for a two-bedroom apartment. Living in any of these states will allow you to save more of every dollar that you earn.
Here is a full list of the lowest cost and least expensive states to live in for 2023, based on the cost of living per state. To better understand the costs of living costs across all states, we need to take a closer look at the national costs of living. The average household in the United States spends $61,334 a year on expenses. Of this, around $...
Below is a list of states according to the living wage needed by a household to support themselves, based on a family of four with 2 adults working full-time. Does your dollar stretch further where you live compared to the rest of the country? Comment below.
Find out the top 5 states where your dollar will go further based on the cost of living index, living wage, median income, rent, and childcare. Compare Mississippi, Oklahoma, Kansas, Alabama, and Georgia and see their pros and cons.
2 days ago · Find out which states have the lowest cost of living and the highest disposable income based on median incomes and five basic expenses. Utah is the most affordable state, while New York is the least affordable, according to our study.
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- Contributing Writer
Jul 13, 2022 · Key Points. Inflation is almost impossible to escape nowadays, but some states are more affordable than others. Working families are looking to live in places where they get more for their...
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