Top 10 States with the Lowest Cost of Living in the United States in 2024
10.
Tennessee – Rounding out the list, Tennessee has an index of 90.2, which reflects a cost of living 9.8% lower than the U.S. average
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States with the Lowest Cost of Living in the US
9.
West Virginia – West Virginia has a cost of living index of 90, making it one of the more affordable states.
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States with the Lowest Cost of Living in the US
8.
Indiana – Living costs in Indiana are about 10.1% less than the national average, with an index of 89.9.
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States with the Lowest Cost of Living in the US
7.
Iowa – Slightly higher than Missouri, Iowa's index of 89.2 makes it about 11% more affordable than the national average.
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States with the Lowest Cost of Living in the US
6.
Missouri – Missouri's cost of living is 11% lower than the national average, scoring 89.1 on the index.
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States with the Lowest Cost of Living in the US
5.
Georgia – With an index of 88.6, Georgia is similarly affordable with costs 12% below the national average.
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States with the Lowest Cost of Living in the US
4.
Alabama – Offering a cost of living index of 88.1, Alabama is 12% less expensive than the national average.
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States with the Lowest Cost of Living in the US
3.
Kansas – The cost of living here is 12.5% lower than the national average, with an index of 87.5.
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States with the Lowest Cost of Living in the US
2.
Oklahoma – With a cost of living index of 85.8, Oklahoma is 14.2% more affordable than the national average.
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States with the Lowest Cost of Living in the US
1.
Mississippi – The state boasts a cost of living index of 85, making it the least expensive in the U.S. (15% lower than the national average).
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States with the Lowest Cost of Living in the US