What state has the lowest cost of living?

What state has the lowest cost of living?

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.

What 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 cost of living per state?

U.S. cost of living comparison by state

State Annual Mean Wage (All Occupations) Average Monthly Rent
California $68,510 $1,777.67
Colorado $62,900 $1,404.33
Connecticut $66,130 $1,315.42
Delaware $59,820 $1,346.08
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What state cost the most to live in?

For the No. 1 and No. 2 most expensive states to live in — Hawaii and California, respectively — have high monthly housing costs are driven mostly by high home prices.

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.

Where is the most affordable place to live in the US?

The Full List Of The Most Affordable Cities To Live & Work In 2022

Rank City Total Score
1 Sioux Falls, SD Metro Area 80.1
2 Reno, NV Metro Area 79.7
3 Provo-Orem, UT Metro Area 78.0
4 Madison, WI Metro Area 77.5

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.

Which state is the best for living?

Best States 2021

  • #1. Washington.
  • #2. Minnesota.
  • #3. Utah.
  • #4. New Hampshire.
  • #5. Idaho.

What U.S. city has the highest cost of living?

  1. New York City, New York. New York City leads the pack as the most expensive city in the United States. …
  2. San Francisco, California. …
  3. Honolulu, Hawaii. …
  4. Boston, Massachusetts. …
  5. Washington, D.C. …
  6. Oakland, California. …
  7. San Jose, California. …
  8. San Diego, California.

What U.S. city has the lowest cost of living?

Wichita Falls, Texas, was named the city with the lowest cost of living. Visit Business Insider’s homepage for more stories.

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Is living in Texas cheaper?

But does “bigger” mean more expensive? Well, as it turns out, the cost of living in Texas is surprisingly affordable! In fact, the average cost of living in Texas is 7% lower than the national average.

What state has the lowest cost of living for retirees?

South Dakota. The Mount Rushmore State might not be the first place that comes to mind when you dream of where to retire, but it’s first place in our overall ranking of all 50 states for retirement. Affordability is the main factor pushing it to the top spot.

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 cheapest and safest place to live in the US?

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.

Where is the number 1 place to live in the US?

1. Boulder, Colorado. U.S. News & World Report based its Best Places to Live in the United States on a host of factors: the local job market, housing affordability, quality of life, the desirability of living in that area for non-residents, and the area’s appeal in actually attracting new residents.

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