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The Cheapest States to Live in the U.S.

One of the many considerations on where to live is cost. There is a big difference in living costs between the most expensive state and the cheapest state. If you want to stretch your dollar further, why not consider some of the cheapest states to live in the U.S.?

The 10 Cheapest States To Live in the U.S.

Cost of Living Index: 83.3 Typical Home Value: $158,000 Median Household Income: $45,800

Mississippi

Mississippi is overall the most affordable state to live in the U.S., with a cost of living index of just 83.3, 17% cheaper than the average state. Housing is also very affordable, with a typical home value of just $158,000.

Cost of Living Index: 86.5 Typical Home Value: $195,000 Median Household Income: $62,100

Kansas

With a population of just under 3 million, Kansas offers affordable living, coming in 13.5% cheaper than the national average. A relatively high median household income also boosts the average family’s standard of living. Wichita is the largest city in Kansas, with a metropolitan population of around 650,000.

Cost of Living Index: 83.3 Typical Home Value: $158,000 Median Household Income: $45,800

Alabama

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