What States Have The Lowest Cost Of Living
Olivia Luz
The results may surprise you.
This includes the cost of living which varies widely from one to another and also regionally. It s a snapshot of the current indices at a specific point in time. In this case when comparing the cost of living index of states 100 represents the u s. These indices are historical and they are published periodically.
Mississippi has the lowest cost of living in the u s. Affordability in the u s. States with the lowest cost of living. With the lowest cost of living in the country comes the lowest median household income of 43 567 per year.
Continue reading to discover which states made the top 10. With a cost of living index of 84 5. That is why cost of living is one of the 10 categories of competitiveness in our rankings. The state with the second lowest cost of living is arkansas.
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A state with a low cost of living can be a great draw for companies looking to attract workers. The states and area with the highest cost of living are hawaii the district of columbia and california. Most notably mississippi s housing index is 67 1 the lowest in the country. Take a look at the list which includes georgia indiana new mexico kansas and more.
Arkansas has a cost of living index of 86 9 with housing transportation and healthcare costs all being significantly lower than the national average. It counts the affordability of housing with median housing prices. Cities such as new york and san francisco are known for their sky high rent and pricey meals. Top 10 lowest cost of living states.
Here are the 10 states with the lowest cost of living.
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