Places Where You Can Live Comfortably With Little Money
If you’re looking for a place to live that has a low cost of living, you’ll want to check out the states in this list. We at moving companies London Ontario have compiled a list of the US states with the lowest cost of living, based on data from Numbeo.com. Whether you’re looking for an affordable place to retire or just want to save some money on your monthly expenses, these states are worth checking out!
The top five states on the list are:
Mississippi – With a cost of living that is nearly 20% lower than the national average, Mississippi is a great option for those looking for an affordable place to live. The state’s housing costs are particularly low, making it a great choice for retirees or families on a tight budget.
Arkansas – Arkansas also has a cost of living that is significantly below the national average. Housing costs in Arkansas are some of the lowest in the country, and the state also offers a variety of tax breaks and incentives for retirees.
Oklahoma – Oklahoma is another state with a very affordable cost of living. The state offers low taxes and housing costs, as well as plenty of opportunities for outdoor activities.
Kansas – Kansas is another great option for those looking for an affordable place to live. The state has a low cost of living and a variety of amenities, making it a great choice for families or retirees.
Iowa – Iowa rounds out the top five US states with the lowest cost of living. The state offers low housing costs and a variety of tax breaks and incentives for retirees. Whether you’re looking for an affordable place to retire or just want to save some money on your monthly expenses, these states are worth checking out!
Mississippi, Arkansas, Oklahoma, Kansas, and Iowa are the cheapest states to live in America based on the cost of living index from Numbeo.com. All five states offer a lower cost of living than the national average with Mississippi being the most affordable state to live in. The least expensive states to live are mostly located in the Midwest and South with the exception of Iowa which is an Midwestern state. The low cost of living in these states is due to a variety of factors including, but not limited to, low housing costs and tax breaks/incentives for retirees. If you’re looking for an affordable place to live, definitely check out one of these five US states!