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The Daily Insight

What state has lowest cost of living?

Author

Henry Morales

Published Mar 21, 2026

States with the Lowest Cost of Living

  1. Mississippi. Mississippi has the lowest cost out of living of all 50 states.
  2. Oklahoma. Oklahoma has the second-lowest cost of living in the United States.
  3. Arkansas. The state with the third-lowest cost of living in Arkansas.
  4. Kansas.
  5. Missouri.
  6. Georgia.
  7. Alabama.
  8. New Mexico.

What state has highest cost of living?

Hawaii
There may be no more breathtaking a place than the Aloha State, but prices in Hawaii, America’s most expensive state, will take your breath away, too.

What is the cost of living per state?

Average cost of living by state

StateAverage cost of living indexCompared to national average
California146.99%46.99%
New York152.56%52.56%
District of Columbia157.70%57.70%
Hawaii195.80%95.80%

Where can I find cost of living data?

Salaries, Costs of Living, & Relocation

  • Bankrate.COM –
  • Chamber of Commerce Directory –
  • CityRating.com –
  • CNN Money –

Where can you live for 500 a month?

5 Places to Retire for Under $500 per Month

  • Leon, Nicaragua.
  • Medellin, Colombia.
  • Las Tablas, Panama.
  • Chiang Mai, Thailand.
  • Languedoc-Roussillon, France.
  • Kathleen Peddicord is the founder of the Live and Invest Overseas publishing group.

What is the cheapest state to live in 2021?

Cheapest States To Live in 2021

  1. Mississippi. Cost of Living Index: 84.8 Grocery Cost Index: 93.1.
  2. Oklahoma. Cost of Living Index: 86.8 Grocery Cost Index: 94.1.
  3. Arkansas. Cost of Living Index: 87.8 Grocery Cost Index: 90.7.
  4. Kansas.
  5. Missouri.
  6. Georgia.
  7. Alabama.
  8. New Mexico.

What city has the highest cost of living?

New York City, New York. New York City leads the pack as the most expensive city in the United States.

  • San Francisco, California.
  • Honolulu, Hawaii.
  • Boston, Massachusetts.
  • Washington, D.C.
  • Oakland, California.
  • San Jose, California.
  • San Diego, California.
  • What is the most expensive state to live in 2021?

    Hawaii is the most expensive state to live in in the United States. Hawaii has a cost index of 196.3. The average home price in Hawaii is $1,158,492. The utility index is the highest in the country at 189.5, and the average monthly energy bill is $388.65.

    Where can I live for $1000 a month in the US?

    20 great places you can live in the US for $1,000 a month

    • New Bern, N.C. Median rent price: $1,000.
    • Rock Hill, S.C. Median rent price: $1,000.
    • Tallahassee, Fla. Median rent price: $990.
    • Beaumont, Texas. Median rent price: $997.50.
    • Winston-Salem, N.C. Median rent price: $945.
    • Shreveport, La.
    • Las Cruces, N.M.
    • Champaign, Ill.

    What states have the lowest cost of living in the US?

    Mississippi has the lowest cost of living in the U.S., with a cost of living index of 84.8. Most notably, Mississippi’s housing index is 66.7, the lowest in the country. The average home cost in Mississippi is $128,000, and the average rent for a two-bedroom apartment is $746. The living wage in Mississippi is only $46,000.

    What is the most expensive state in the US?

    Hawaii and New York remain the most expensive states to run a business, while South Dakota is the cheapest, according to a recent study by the Milken Institute .

    What is the cheapest state to live in?

    The cheapest state to live in in the United States is Mississippi. Overall, Mississippi’s average cost of living is about 15% lower than the national average cost of living. Mississippi’s living wage is only $48,537 and has the cheapest personal necessities anywhere in the country.

    What is the most expensive place to live in the US?

    New York City leads the pack as the most expensive city in the United States; the city, with a population exceeding 8.3 million, also tops lists of the world’s most expensive cities.