If you’re looking for a place to live that has a low cost of living, you’ll want to check out the states in this list. We’ve compiled a list of the states with the lowest cost of living in 2022. Keep in mind that these figures are based on estimation, and prices may vary depending on your location. But if you’re looking for a place where you can save money, these states are definitely worth considering!
The states on this list are:
So if you’re looking for a place to call home that won’t break the bank, be sure to check out one of these states! Prices may vary depending on your exact location, but overall, these states offer a very affordable cost of living. So don’t put it off any longer; get started searching right away! Who knows, you may just find your perfect home in one of these states.
Cheapest USA States to Live
Living in Mississippi is the most affordable in the country. Expenses are nearly 16% more affordable than the national average. This is because of a cost of living index of 83.3. The price of housing in Mississippi is affordable than the national average. $148.000 is the median price for a single-family home. The average rent for a two-bedroom apartment is $800 per month. Groceries and transportation cost less than the national average.
The cost of living in Kansas is among the lowest in the nation. A 21% drop in housing costs compared to the national average makes it the third-cheapest state in the country. The average single-family home in Kansas costs $179,400. Two-bedroom apartments rent for $900 a month on average. Transport and groceries are also less expensive.
With an index of 87.9, Alabama’s cost of living is the third lowest in the nation. Mississippi has the lowest housing prices. A typical Alabama single-family home costs $170,184, while a two-bedroom apartment costs $807 a month. The cost of utilities and groceries is close to the national average in Alabama, but the cost of health care and transportation is among the lowest.
In the United States, Georgia is the forth-cheapest place to live. The housing costs in Georgia are among the lowest in the country, 25 percent lower than the national average. Over 40% of residents can afford a new home, making it one of the most affordable cities in the country. The cost of transportation is also one of the lowest in the country.
With a cost of living index of 87.9, Oklahoma has the fourth-cheapest cost of living in the country, 25% cheaper than the national average. One-family homes typically cost $170,850, while two-bedroom apartments rent for $914 a month on average. Groceries and healthcare are also among the cheapest in the country
There you have it! These are the states with the lowest cost of living in 2022. If you’re looking for an affordable place to live, these states are definitely worth considering. Prices may vary depending on your exact location, but overall, these states offer a very affordable cost of living.