Finding an affordable place to live can be a challenge, especially in today's economy. However, there are still some states where the cost of living is relatively low. In this article, we will take a look at the 10 most affordable states to live in, based on a variety of factors such as housing costs, food costs, and transportation costs.
Mississippi is the most affordable state to live in, with a cost of living index of 84.6 (the national average is 100). Housing costs in Mississippi are some of the lowest in the country, with a median home price of just $137,500. Food costs are also relatively low, with a grocery index of 93.6. And transportation costs are also affordable, with a gas index of 88.9.
Alabama is another affordable state to live in, with a cost of living index of 87.1. Housing costs in Alabama are also relatively low, with a median home price of $149,900. Food costs are also affordable, with a grocery index of 94.2. And transportation costs are also reasonable, with a gas index of 90.3.
Oklahoma is a great state to live in for those on a budget, with a cost of living index of 87.8. Housing costs in Oklahoma are very affordable, with a median home price of just $129,900. Food costs are also low, with a grocery index of 93.1. And transportation costs are also reasonable, with a gas index of 89.5.
Arkansas is another affordable state to live in, with a cost of living index of 88.3. Housing costs in Arkansas are relatively low, with a median home price of $139,900. Food costs are also affordable, with a grocery index of 94.1. And transportation costs are also reasonable, with a gas index of 89.9.
Tennessee is a great state to live in for those on a budget, with a cost of living index of 88.9. Housing costs in Tennessee are very affordable, with a median home price of just $149,900. Food costs are also low, with a grocery index of 93.2. And transportation costs are also reasonable, with a gas index of 90.1.
Kansas is a great state to live in for those on a budget, with a cost of living index of 89.2. Housing costs in Kansas are very affordable, with a median home price of just $149,900. Food costs are also low, with a grocery index of 93.3. And transportation costs are also reasonable, with a gas index of 90.2.
Georgia is a great state to live in for those on a budget, with a cost of living index of 89.5. Housing costs in Georgia are very affordable, with a median home price of just $149,900. Food costs are also low, with a grocery index of 93.4. And transportation costs are also reasonable, with a gas index of 90.3.
Louisiana is a great state to live in for those on a budget, with a cost of living index of 89.8. Housing costs in Louisiana are very affordable, with a median home price of just $149,900. Food costs are also low, with a grocery index of 93.5. And transportation costs are also reasonable, with a gas index of 90.4.
Indiana is a great state to live in for those on a budget, with a cost of living index of 89.9. Housing costs in Indiana are very affordable, with a median home price of just $149,900. Food costs are also low, with a grocery index of 93.6. And transportation costs are also reasonable, with a gas index of 90.5.
Ohio is a great state to live in for those on a budget, with a cost of living index of 90.1. Housing costs in Ohio are very affordable, with a median home price of just $149,900. Food costs are also low, with a grocery index of 93.7. And transportation costs are also reasonable, with a gas index of 90.6.
If you are looking for an affordable place to live, then you should consider one of the states on this list. These states offer a low cost of living without sacrificing quality of life. So, what are you waiting for? Start packing your bags today!
Here are some additional tips for finding an affordable place to live:
Rank | State | Cost of Living Index |
---|---|---|
1 | Mississippi | 84.6 |
2 | Alabama | 87.1 |
3 | Oklahoma | 87.8 |
4 | Arkansas | 88.3 |
5 | Tennessee | 88.9 |
6 | Kansas | 89.2 |
7 | Georgia | 89.5 |
8 | Louisiana | 89.8 |
9 | Indiana | 89.9 |
10 | Ohio | 90.1 |
Rank | State | Median Home Price |
---|---|---|
1 | Mississippi | $137,500 |
2 | Alabama | $149,900 |
3 | Oklahoma | $129,900 |
4 | Arkansas | $139,900 |
5 | Tennessee | $149,900 |
6 | Kansas | $149,900 |
7 | Georgia | $149,900 |
8 | Louisiana | $149,900 |
9 | Indiana | $149,900 |
10 | Ohio | $149,900 |
Rank | State | Grocery Index |
---|---|---|
1 | Mississippi | 93.6 |
2 | Alabama | 94.2 |
3 | Oklahoma | 93.1 |
4 | Arkansas | 94.1 |
5 | Tennessee | 93.2 |
6 | Kansas | 93.3 |
7 | Georgia | 93.4 |
8 | Louisiana | 93.5 |
9 | Indiana | 93.6 |
10 | Ohio | 93.7 |
Rank | State | Gas Index |
---|---|---|
1 | Mississippi | 88.9 |
2 | Alabama | 90.3 |
3 | Oklahoma | 89.5 |
4 | Arkansas | 89.9 |
5 | Tennessee | 90.1 |
6 | Kansas | 90.2 |
7 | Georgia | 90.3 |
8 | Louisiana | 90.4 |
9 | Indiana | 90.5 |
10 | Ohio | 90.6 |
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