5 Cheapest States To Live In The US

In this article, we discuss 5 of the cheapest states to live in the US. If you want to check out some more of the cheapest states to live in the US, go directly to 20 Cheapest States To Live In The US.

5. Georgia

2022 Second Quarter Cost of Living Index: 87.8

Georgia is among the 5 most affordable states to live in the United States given its second quarter cost of living index of 87.8. Housing and transportation costs are both significantly lower than the average as is utilities.

Georgia

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4. Alabama

2022 Second Quarter Cost of Living Index: 87.5

Alabama isn’t just a state with a great football team. Alabama is also one of the cheapest states to live in the United States given its 2022 Second Quarter Cost of Living Index of 87.5. One reason why is Alabama’s housing index score of 69.9 which means housing is  substantially more affordable in Alabama than in the average state.

Alabama

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3. Kansas

2022 Second Quarter Cost of Living Index: 86.4

Kansas ranks #3 on our list of 20 Cheapest States To Live In The US given its Second Quarter Cost of Living Index of 86.4. Although healthcare costs are slightly more expensive than the average state, housing is affordable given Kansas’ housing index score of 71.7.

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2. Oklahoma

2022 Second Quarter Cost of Living Index: 85.7

Oklahoma is the second most affordable state to live in the United States with a Second Quarter Cost of Living Index of 85.7. Housing costs are substantially cheaper than the average given Oklahoma’s housing score of 71 versus the average of 100. Transportation costs are also cheaper.

Oklahoma, USA

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1. Mississippi

2022 Second Quarter Cost of Living Index: 84.9

With a second quarter cost of living index of 84.9, Mississippi is the cheapest state to live in the United States. In terms of expenses, housing is over 30% cheaper than the average and utilities are around 10% cheaper. Transportation is almost 7% cheaper as well.

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