![]() ![]() Here is a list of the 10 cheaper states to live in the U.S. With coastal beaches and the popular Georgia State University, the state is known for its southern hospitality. The state of Georgia has plenty of safe cities to live in, which is why it’s ideal for young families and college students. The state has a laid-back culture, clean air, and good food. Georgia is a very popular state with more than 100,000 people moving there every year. The cost of living in Alabama is lower than most states in the U.S., making it one of the most popular states to live in for 2023. It is rich in culture, has beautiful nature scenes, and has very affordable housing costs. and great education – like the The University of Alabama, Auburn University, and Troy University.Īlabama is a great state to live in and has something for everyone. The state of Alabama also has one of the lowest unemployment rates in the U.S. ![]() AlabamaĪlabama has warm weather, great college football, and a low cost of living. From hot summers to cold winters and everything inbetween, Kansas offers a variety of climates. If you enjoy all the seasons, Kansas is the perfect fit. Kansas also has a good job market with an unemployment rate of less than 4%. Kansas has plenty of booming industries such as agriculture and aerospace, and also boasts one of the lowest cost of living rates in the U.S. Extra study on the side and you might increase your income even more. The cities are full of college students, and there is the vibrancy of big-city life if you want that.Įducation opportunities are also vast. For the most part, it has a strong economy. The mild weather makes for beautiful green scenery all year round. Oklahoma has a mild climate, which can be a big drawcard to those who don’t like drastic changes in temperatures. The worries of traffic and smog will fade away after a few months of living here, making Mississippi a great choice and the cheapest state to live in. The state offers over 50 colleges and universities and is known for its great sense of community. Okay, so it’s not as glamorous as other states but Mississippi is definitely one of the cheaper states to live in the U.S. Living in any of these states will allow you to save more of every dollar that you earn. The monthly rent reflects the average rent for a two-bedroom apartment. based on 2 adults working in a household of 4 people. Here is our top 5 list of cheapest states to live in the U.S. Also, you can always keep your cv updated with the help of a free cv template to find a job in these states. Over time this will enable you to gain more financial freedom and build financial peace. Living in a state where there is a lower living wage will allow more of your income to become available for investment. Less traffic, more clean air, cheaper housing, and even fewer taxes in some states are a drawcard. ![]() Smaller cities or towns can still offer an excellent education, healthcare, and community spirit, along with an increase in your quality of living. The minimum wage of $7.25 per hour leaves families at the poverty threshold. The average cost of living calculated by MIT is $16.54 per hour or $68,808 per year for two working adults in a family of four. The average cost of living takes food, shelter, clothing, utilities, transport, healthcare, public education, and taxes into consideration. States that are over 100, their cost of living is above the national average. Every state that averages less than 100 is considered below the national average for the Cost of Living. The Cost of Living index calculates the average cost of living at 100. 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. The cost of living in America varies dramatically between each state. ![]()
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