Where is it cheapest to live in the US?

Asked by: Margarett Mohr  |  Last update: January 4, 2024
Score: 4.9/5 (23 votes)

13 States With the Lowest Cost of Living
  1. 13 Cheapest States to Live in for 2023. Here they are, folks: ...
  2. Mississippi. Mississippi is the cheapest place to live in the United States, with a cost of living 15.6% lower than the national average. ...
  3. Oklahoma. Let's head west! ...
  4. Kansas. ...
  5. Alabama. ...
  6. Georgia. ...
  7. Ohio. ...
  8. Iowa.

What US city has the lowest cost of living?

It can be extremely expensive to live in big cities like New York, San Francisco, or Los Angeles. However, living in places, like Fort Wayne, Indiana, or Brownsville, Texas, can be more affordable. Fort Wayne, Indiana, was named the city with the lowest cost of living for 2022.

Which state has lowest cost of living?

Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi's housing costs are the lowest in the nation.

Where is the cheapest place to live in the US right now?

In its report, Niche also ranked the cheapest places to live in the U.S. At the top of the list this year is Brownsville, Texas. Brownsville has been steadily rising in Niche's Lowest Cost of Living ranking over the past few years, placing number six in 2021, number three in 2022 and finally, number one in 2023.

What state has the lowest cost of living and highest pay?

The cost of living in America varies dramatically between each state. From Mississippi being the cheapest state to live in with a median household income of $46,511 to Hawaii being the most expensive state with a median household income of $83,173.

10 Most Affordable Places to Live in the US

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What is the best state to live in financially?

North Dakota takes the cake as the best state in the U.S. to save money in. With the third lowest debt-to-income ratio in the country for Q3 2022—and the second lowest percentage of income spent on housing costs and rent—North Dakotans are able to keep more money in their pockets.

What is the cheapest most beautiful place to live?

10 Most Beautiful and Affordable Places to Live in the U.S.
  • 01 of 10. Hickory, North Carolina. ...
  • 02 of 10. Grand Rapids, Michigan. ...
  • 03 of 10. Greenville, South Carolina. ...
  • 04 of 10. Louisville, Kentucky. ...
  • 05 of 10. Knoxville, Tennessee. ...
  • 06 of 10. St. Louis, Missouri. ...
  • 07 of 10. Dallas-Fort Worth, Texas. ...
  • 08 of 10.

What is the least affordable place in America?

Top 10 Least Affordable Cities for Home Buyers
  • Santa Monica, California.
  • Glendale, California.
  • Burbank, California.
  • Los Angeles, California.
  • Boulder, Colorado.
  • Pasadena, California.
  • New York, New York.
  • San Francisco, California.

What is the most expensive state?

According to several studies on cost of living, Hawaii is the most expensive U.S. state to live in. Prices are typically double in Hawaii compared to those on the mainland, and the continued rise in inflation is making costs ranging from housing to health care much more expensive.

Who has the highest cost of living in the United States?

New York City, New York

From Far Rockaway Queens to the North Bronx, there's something for everyone in this city – which happens to be among the richest in America, with a cost of living 87.2% higher than the national average, according to Best Places.

Is South Carolina cheap to live?

The cost of living in South Carolina is 5% lower than the national average. Housing is 19% lower than the national average, while utilities are 8% higher. When it comes to basic necessities such as food and clothing, groceries are around 2% lower than in the rest of the country, while clothing costs 2% lower.

Which country is the safest and cheapest to live?

There are several places in the world where you can live affordably. Still, when it comes to the safest and cheapest places to live in, you can pick a few countries – the Czech Republic, Bulgaria, Albania, Portugal, Costa Rica, Panama, Mexico, Thailand, Malaysia, and Vietnam.

Which city in Florida is the cheapest to live?

1. Bartow. Bartow, a town nestled between Tampa and Orlando, tops the charts as the cheapest place to live in Florida.

How to live cheaply?

10 Greatest Tips for Living as Cheap as Possible
  1. The One In, One Out Rule. ...
  2. Have a Don't Buy Anything Month for Mindset Change. ...
  3. Find New Hobbies. ...
  4. Alternate Forms of Transportation. ...
  5. Budgeting. ...
  6. Check the Fees. ...
  7. Perform Basic Maintenance and Upkeep Yourself. ...
  8. Shop at Aldi and Stop Eating Out.

What is the world's last affordable city?

In fact, out of the nearly 100 housing markets in eight countries examined in the report, just one remained “affordable” when measuring home prices in relation to income: Pittsburgh.

Where should I move too?

Best Regions to Live in the U.S.
  • South Atlantic: Florida, Georgia, North Carolina, South Carolina, Virginia, West Virginia, Washington, D.C.
  • Pacific West: Alaska, California, Hawaii, Oregon, Washington.
  • Mountain West: Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, Wyoming.

Where is the cheapest place to live out west?

The Best Affordable Places to Live on the West Coast
  1. Anchorage, Alaska. Best Places 2022-2023 Rank: 101.
  2. Salem, Oregon. Best Places 2022-2023 Rank: 123. ...
  3. Portland, Oregon. Best Places 2022-2023 Rank: 22. ...
  4. San Jose, California. Best Places 2022-2023 Rank: 5. ...
  5. Seattle. ...
  6. San Francisco. ...
  7. Modesto, California. ...
  8. Eugene, Oregon. ...

Where is the best place to live in the world?

1. Vienna, Austria. Having topped this list in 2018, 2019 and 2022, Austria's capital city continues its reign on top as the best place to live in the world.

Which state has the cheapest land?

Arizona is the cheapest state to buy land with a median price of $4,164 per acre. New Mexico is the second cheapest state to buy land with a median price of $6,000 per acre. Mississippi has the third cheapest land in the US with a median price of $10,835 per acre.

What is the most expensive state to live in 2023?

  • (tie) Arizona. The Grand Canyon State is no stranger to growing pains. ...
  • (tie) Idaho. Idaho is another state where a red-hot real estate market is putting overall living costs increasingly out of reach. ...
  • (tie) New Hampshire. ...
  • Rhode Island. ...
  • Washington. ...
  • Montana. ...
  • New York. ...
  • Massachusetts.

Which Blue State has the lowest cost of living?

Currently, Georgia is the cheapest blue state to live in.
  • Transportation cost index: 92.6.
  • Grocery cost index: 95.9.
  • Housing cost index: 74.4.

What is the easiest state to live in?

1. Mississippi. Mississippi earned the top affordability spot from the Council for Community and Economic Research. Its average housing costs are the lowest of any state, and the only states with lower transportation costs on average are Tennessee and Virginia.