Top 5 Cheapest States to Live in 2021

Top 5 Cheapest States to Live in 2021

Tue, Mar 30, 2021 4:10 PM

Commercial Moving Auto Transport Services

Which states are the cheapest to live in in 2021? You are not alone if this concern has appealed to you. It's no wonder that many Americans are looking to leave costly, overpriced cities in search of more affordable places to live, given the country's rising house prices and shifting job opportunities. By accessible, we mean home prices and expenditures that are smaller than the national average, such as transport, groceries, health care, and energy costs.

So, where does your money go the furthest in the United States? Mississippi, according to the latest analysis from the Council for Community & Economic Research (as stated by the Missouri Economic Research and Knowledge Center), has the lowest cost of living of any U.S. state. The top 10 cheapest states to live in, as well as median home prices in popular cities within those states, are described below.

Moving to a new states? Give us a call at 844-740-6152 to get started

Cheapest States to Live in 2021

1. Mississippi

Mississippi's cost of living well below the state median of 100 currently at 84.8. It is so cheap to live in that it is ranked as the cheapest state to live in right now. Mississippi, in addition to being incredibly inexpensive, presents newcomers with plenty of warm weather and outdoor leisure opportunities.

Cost of living index score: 84.8
Median home prices in popular cities: Biloxi ($224,900), Olive Branch ($277,700, Jackson ($137,750), Gulfport ($166,500), Hattiesburg ($179,500)

2. Oklahoma

Oklahoma is the second cheapest state to live in the US. Oklahoma is not only very inexpensive (due to extremely low home prices), but it is also a fantastic place to live. More reasons to relocate to Oklahoma include the state's strong economy, plentiful work opportunities, and welcoming people.

Cost of living index score: 87.2
Median home prices in popular cities: Broken Arrow ($229,900), Edmond ($301,470), Oklahoma City ($224,900), Tulsa ($199,900), Norman ($224,900)

3. Kansas 

Kansas is a very inexpensive place to live, thanks to its relatively low home prices, as well as its comparatively low food and transportation costs. More than just prairies and farmland can be found in the state. Newcomers will discover a wealth of culture, family-friendly neighborhoods, and excellent educational opportunities.

Cost of living index score: 87.5 
Median home prices in popular cities: Wichita ($169,500), Olathe ($295,000), Kansas City ($160,000), Overland Park ($330,000)

4. Arkansas 

Arkansas is one of the easiest states to live in because of its low home rates, transportation costs, and health-care costs. Residents enjoy a high quality of life in addition to saving money, thanks to livable cities and stunning outdoor destinations.

Cost of living index score: 88.3
Median home prices in popular cities: Fort Smith ($154,000), Springdale ($254,000), Bentonville ($350,000), Little Rock ($205,000), Fayetteville ($275,000)

5. Alabama 

Alabama is a great place to live if you're looking for a low-cost city with plenty of sunshine and friendly people. The state of Georgia has very low home prices and health-care rates. Auburn University and the University of Alabama are two of the most well-known universities in the state.

Cost of living index score: 89.4
Median home prices in popular cities: Mobile ($173,700), Gulf Shores ($339,130), Birmingham ($169,900), Huntsville ($249,900), Montgomery ($144,900)

Related Posts

Top 5 Cheapest States to Live in 2021

Mon, Oct 12, 2020 5:24 PM

Commercial Moving Long Distance Moving

Difference Between Xfinity Commercial Moving and Residential Moving

Xfinity Commercial Moving and Residential moving concept are basically the same, however, executing both moves are very different. Knowing

Top 5 Cheapest States to Live in 2021

Mon, Oct 12, 2020 10:05 PM

Commercial Moving Long Distance Moving

Xfinity Moving Temporary Storage Solution

There are several reasons why you need temporary storage. So it is better to plan a good idea before the moving day arrives. If you are planning to downsize before moving to a new place,

Top 5 Cheapest States to Live in 2021

Mon, Oct 26, 2020 7:47 PM

Commercial Moving Long Distance Moving Auto Transport Services

What Size Moving Truck Should You Get? - Xfinity Moving

It's just as critical to get the right moving truck size when moving all your belongings. If you picked the wrong size truck, anything you pack inside could be jeopardized. It is also more costly to hire a larger truck than a small one, so there's also the budget to remember.

Top 5 Cheapest States to Live in 2021

Wed, Nov 4, 2020 5:35 PM

Commercial Moving Long Distance Moving

What Is the Average Moving Cost?

If your lease is about to end or you are approaching your new property's closing day, you have probably asked yourself the question: "What will be my average cost of moving?".

Top 5 Cheapest States to Live in 2021

Wed, Nov 18, 2020 9:59 PM

Long Distance Moving office relocation

Factors That Can Affect Your Moving Estimate

It's crucial to have an accurate understanding of the final moving costs when planning a residential moving, so you can set a reasonable moving budget. However, calculating the moving costs is not as easy as it seems at first.