What is the best state to live in with the lowest cost of living?

Mississippi
Mississippi is the cheapest state to live in the United States. The cost of living here is 15% lower than the national average and the homes cost 30% less than the national average. Mississippi also has a great job market and good salaries.

What are the cheapest and safest states to live in?

Here are the top 10 cheapest states to live in, according to WalletHub’s report.

  • Alabama.
  • West Virginia.
  • Arkansas.
  • Indiana.
  • Missouri.
  • Utah.
  • Mississippi.
  • Tennessee.

What is the best state to live in financially?

Full Ranking of All 50 States

Rank State Median Income
1 Wyoming $40,240
2 Washington $46,100
3 Texas $37,100
4 Minnesota $42,630

What is the most expensive state to live in 2020?

Hawaii is the most expensive state to live in in the United States. Hawaii has a cost index of 196.3. The average home price in Hawaii is $1,158,492.

What state pays you to live there?

Alaska. Moving outside the lower 48 might be a big ask, which is why the state is offering a $1,600 incentive through The Permanent Fund Dividend. The catch is that you have to stay a year, but once you get there and reap the benefits of no state tax and the outdoors, you might be inclined to stay.

Which state has the nicest people?

Based on their results, the friendliest U.S. states are listed below.

  1. Minnesota. The term “Minnesota nice” lives up to its name.
  2. Tennessee. Tennessee is full of the famous southern charm and hospitality.
  3. South Carolina.
  4. Texas.
  5. Wyoming.
  6. Indiana.
  7. Colorado.
  8. Kansas.

Which is the least expensive state to live in the United States?

The cost of living in America varies dramatically between each state. From Mississippi being the least expensive state with a living cost of $48,537 to California being the most expensive state with a living cost of $68,190. The Cost Of Living Index The Cost of Living index calculates the average cost of living at 100.

Which is the best state to live in for affordability?

The top-five Best States for affordability are dominated by Great Lakes and Plains states, led by No. 1 Ohio and followed by Indiana, Iowa, Michigan and Nebraska.

What’s the average cost of living in a state?

The Cost of Living index calculates the average cost of living at 100. Every state that averages less than 100 is considered below the national average for the Cost of Living. State’s that are over 100, their cost of living is above the national average.

Where does the United States rank in affordability of housing?

It counts the affordability of housing, with median housing prices compared against median family incomes. Ohio ranks first in the nation for affordability. Oklahoma places second in this subcategory, followed by Michigan, Iowa and Missouri. Learn more about the most affordable states below.