What state has the cheapest living cost?

What state has the cheapest living cost?

Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.

Which states cost the most to live in?

Below is a list of the five most expensive states to live in the U.S. according to the study:

• Hawaii.
• California.
• Massachusetts.
• New Jersey.
• Connecticut.

Which are the 10 most expensive states to live in?

Here are the 10 states with the highest cost index:

• Hawaii (193.3)
• New York (148.2)
• California (142.2)
• Massachusetts (135)
• Oregon (130.1)
• Alaska (127.1)
• Maryland (124)
• Connecticut (121.6)

What is the US average cost of living?

Average living expenses for a single person The average monthly living expenses for a single person in the USA are $3,189, which is $38,266 per year. The average cost for a family of four is $7,095 per month, which is $85,139 per year.

Where can I live for $500 a month in USA?

Without further ado – and in no particular order – here’s what $500 per month can get you in ten affordable U.S. cities:

• Greenville, OH. Listing: Wayne Crossing. …
• Wichita, KS. Listing: Eagle Creek. …
• Lawton, OK. Listing: Sheridan Square Apartments. …
• Amarillo, TX. …
• Indianapolis, IN. …
• Searcy, AR. …
• Shreveport, LA. …
• Jackson, MS.

What is the 2nd cheapest state to live in?

Kansas is still the second-cheapest state in the US. The median house price in the area is $194,951. On average, it’s possible to rent an 895-square-foot apartment for $1,133 per month; that’s around 65% cheaper than a one-bedroom apartment in New York.

What is the safest and cheapest state to live in?

Settle down in Augusta, Georgia Augusta, a small city near Georgia’s border with South Carolina, is one of the cheapest and safest places to live in the USA. It has a low crime rate and a low cost of living, making it perfect for those looking to live comfortably and save money.

What is the cheapest state to live in 2021?

Here are the top 10 cheapest states to live in, according to WalletHub’s report.

• Alabama.
• West Virginia.
• Arkansas.
• Indiana.
• Missouri.
• Utah.
• Mississippi.
• Tennessee.

Where is the cheapest place to live?

Most Affordable Places to Live in the U.S. in 2022-2023

• Hickory, NC.
• Green Bay, WI.
• Quad Cities, IA-IL (Davenport-Bettendorf, IA & Moline-Rock Island, IL)
• Fort Wayne, IN.
• Pittsburgh, PA.
• Beaumont, TX.

What is America’s least affordable state?

The coronavirus pandemic brought a new wave of people looking to become Floridians. That’s one of the reasons why CBS News says Florida is now America’s least affordable place to live.

What is the cheapest state to buy a house in?

West Virginia is the cheapest state to buy a home. A typical home in West Virginia costs $129,103, nearly $30,000 less than Mississippi’s and less than half of the national average. A homebuyer can expect to get 1,792 square feet of living space for that price.

What is the top 20 most expensive states to live in?

The 20 Most Expensive States to Live In

1. Hawaii – 118.4. With an overall price parity of 118.4, News Week ranks Hawaii as the most expensive city to live in the United States.
2. New York – 115.6. …
3. 3. California – 114.4. …
4. New Jersey – 113.2. …
5. Maryland – 109.5. …
6. Connecticut – 108.7. …
7. Massachusetts – 107.8. …
8. New Hampshire – 105.9. …

What is the most expensive state to live in 2021?

That will cost more than twice what it would in McAllen, Texas. There may be no more breathtaking a place than the Aloha State, but prices in Hawaii, America’s most expensive state, will take your breath away, too.

How much money do you need to live comfortably in the US per month?

The estimated living cost for the US is around $10000 to $18000 per year, which averages around $1000 to $1500 per month. This includes your accommodation costs, room, and board, food, travel, textbooks, weather-appropriate clothing, and entertainment expenses as well.

Is UK cheaper than US?

Overall, the cost of living in the U.K. is 0.49% lower than in the United States. Rent overall is about 22.55% lower in the U.K. You would need $4,700 per month to finance a modest lifestyle in London, compared to $5,822 for the equivalent lifestyle in New York City.

Where can you live for 1000 dollars a month?

5 Countries You Can Live For Less Than $1,000 A Month

• Argentina. The cost of living in Argentina is up to 60% less than in the United States. …
• Croatia. Croatia doesn’t get enough credit as a budget-friendly destination for expats. …
• Grenada. …
• Vietnam. …
• Zimbabwe.

Where can I live like a king for cheap?

For those not yet looking to retire, they make good vacation getaways as well:

• Cuenca, Ecuador. …
• Coronado, Panama. …
• San José, Costa Rica. …
• Koh Samui, Thailand. …
• Vienna, Austria. …
• Capetown, South Africa. …
• Merida, Mexico. …
• Montevideo, Uruguay.

Where can I live on 1500 a month in the US?

To help you find such a place, a GOBankingRates study identified American cities where you can realistically retire on a budget of $1,500 a month….Best Cities to Retire on a Budget of $1,500 a Month

• Grand Forks, N.D.
• Lynchburg, Va. …
• Lawton, Okla. …
• Cedar Rapids, Iowa. …
• Lorain, Ohio. …
• Lubbock, Texas. …
• Davenport, Iowa. …
• Casper, Wyo. …