The 10 Cheapest States to Live In the U.S. in 2022
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One of the many considerations on where to live is cost. There is a big difference in living costs between the most expensive state and the cheapest state.
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A cost of living index number less than 100 means that a state is less expensive than average, and over 100 means it is more expensive than average.
How to Compare Cost of Living Between States
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Cost of Living Index:
83.3
Typical Home Value:
$158,000
Median Household Income:
$45,800
1. Mississippi
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Cost of Living Index:
86.5
Typical Home Value:
$195,000
Median Household Income:
$62,100
2. Kansas
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Cost of Living Index:
87.9
Typical Home Value:
$190,000
Median Household Income:
$51,700
3. Alabama
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Cost of Living Index:
87.9
Typical Home Value:
$167,000
Median Household Income:
$54,400
4. Oklahoma
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Cost of Living Index:
88.8
Typical Home Value:
$287,000
Median Household Income:
$62,000
5. Georgia
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Cost of Living Index:
89
Typical Home Value:
$270,000
Median Household Income:
$56,100
6. Tennessee
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