5 Cheapest States to Live In

Page 5 of 5

1. Mississippi

Average Weighted Cost of Living Index: 84.23

Mississippi secures the first place on our list of the 15 cheapest states to live in. The state offers the cheapest housing among all the US states. The average house price in Mississippi is 32.6% lower than the US average, according to MERIC. Mississippi offers a cost advantage when it comes to essential commodities like food and clothing, with a 9% lower cost compared to the national average. In terms of healthcare services, routine medical check-ups and dental treatments are 5% more affordable in Mississippi. Mississippi is well-known for its Southern food and hospitality, which are deeply ingrained in the state’s culture and way of life. The state’s cuisine is influenced by its history, with a mix of Native American, European, and African-American flavours.

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily enewsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also check out the 10 Best ASX Stocks to Buy Now  and 11 Best Coal Mining Stocks to Buy Today.

Page 5 of 5