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Mississippi has the lowest cost of living in the U.S., with a cost of living index of 83.3. Most notably, Mississippi's housing index is 66., the lowest in the country. The median price for a single-family home in Mississippi is $140,818, and the average rent for a two-bedroom apartment is $991.
17 Ιουν 2024 · Hawaii claimed the top spot as the most expensive state in terms of cost of living, with an average annual expenditure of $55,491. Additionally, residents of the Aloha State have the...
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.
28 Ιουν 2024 · Key findings. The most affordable state is Utah, where residents spend the least percentage of their income on necessities (63.3%) and have the most annual income left over ($32,732). New York is...
Various states in the southern and mid-west regions, including Mississippi (85), Oklahoma (85.8), and Kansas (87.5), are noted for lower costs of living. Lower housing costs contribute heavily to these lower figures.
U.S. News ranks states based on the cost of living. See which states have the lowest cost of living.
The states with the lowest cost of living, according to the Cost of Living Index, are predominantly located in the South and Midwest. Mississippi has the lowest cost of living, with an index of 85, implying that living costs are 15% below the national average.
