What Is The Least Expensive State To Live In
Olivia Luz
Below are the ten states with the cheapest cost of living.
Inexpensive housing and lower miscellaneous costs make nebraska an affordable state to live in. Coastal states tend to have higher rpp levels meaning they are more expensive to live in. You can rent a home for a median price of 900 per month and if you decide to buy median home values. Rent can cost as low as 795 a month compared to new york city where a two bedroom apartment can cost as much as 4 000.
Joplin is home to the lowest real estate prices in the country a four bedroom home will cost you a little over 200 000. Although west virginia has one of lowest median incomes in the nation the economy of the state is among the fastest growing in the country. So although hawaiians earn an average of 50 358 a year that s just 42 676 in real purchasing power. With low per capita income the state s housing costs remain correspondingly low as well the average home price of 199 028 making the cost of living affordable.
The overall cost of living in iowa is 8 1 less than the average cost of living in the united states as a whole. The 25 least expensive u s. Texas was the cheapest state in the union for groceries according to the missouri economic. Two cities in the lone star state ranked as the cheapest places to live in america.
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Everything s bigger in texas but living large there doesn t have to come with an equally large price tag. Low food and utility costs make west virginian one of the cheapest states to live in the us the mountain state residents spend about 9 percent less than the average american for core necessities. The south featured heavily on the least expensive list. Mississippi s cost of living index is 86 1 and has the lowest overall housing cost index of all 50 states of 70 1.
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