The 10 Cheapest States to Live In the U.S. in 2022

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.

The cost of living index measures how expensive it is to live in one state relative to another. The average cost of living across the entire United States is set at 100.

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.

Living in one of these states will result in a 10-17% lower cost of living than average, allowing you to save more of your hard-earned dollars.

1. Mississippi Mississippi offers a warm climate and beaches on the Gulf Coast. Its largest city is Jackson, with a metropolitan population of just under 600,000.

2. Kansas A relatively high median household income also boosts the average family’s standard of living. Wichita is the largest city in Kansas, with a metropolitan population of around 650,000.

3. Alabama Alabama boasts a diverse economy with aerospace, education, health care, manufacturing, and more employers.

4. Oklahoma Oklahoma comes in as the 4th cheapest state to live in, just behind Alabama. With affordable housing and a diverse economic landscape, The Sooner State offers many opportunities.

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