Are you tired of breaking the bank just to make ends meet? Look no further! In this article, we'll explore the top 10 cheapest states to live in 2025, where you can enjoy a high quality of life without sacrificing your savings. From the Midwest to the South, these affordable states offer a range of benefits, including low cost of living, affordable housing, and plenty of job opportunities.
Ranking the Cheapest States to Live In
To determine the top 10 cheapest states to live in 2025, we considered factors such as housing costs, transportation expenses, food prices, and overall cost of living. Here are the top 10 most budget-friendly states to call home:
Mississippi: With a cost of living index score of 84.6, Mississippi is the cheapest state to live in 2025. The median home price is just $123,000, and the average rent for a two-bedroom apartment is $744.
Arkansas: Arkansas comes in second, with a cost of living index score of 86.3. The median home price is $141,000, and the average rent for a two-bedroom apartment is $664.
Tennessee: Tennessee ranks third, with a cost of living index score of 87.3. The median home price is $173,000, and the average rent for a two-bedroom apartment is $834.
Alabama: Alabama is the fourth cheapest state to live in 2025, with a cost of living index score of 87.8. The median home price is $143,000, and the average rent for a two-bedroom apartment is $714.
Kentucky: Kentucky rounds out the top five, with a cost of living index score of 88.2. The median home price is $143,000, and the average rent for a two-bedroom apartment is $684.
Oklahoma: Oklahoma is the sixth cheapest state to live in 2025, with a cost of living index score of 88.3. The median home price is $123,000, and the average rent for a two-bedroom apartment is $694.
Missouri: Missouri ranks seventh, with a cost of living index score of 89.1. The median home price is $173,000, and the average rent for a two-bedroom apartment is $784.
South Carolina: South Carolina is the eighth cheapest state to live in 2025, with a cost of living index score of 90.1. The median home price is $193,000, and the average rent for a two-bedroom apartment is $894.
North Carolina: North Carolina ranks ninth, with a cost of living index score of 90.5. The median home price is $223,000, and the average rent for a two-bedroom apartment is $964.
West Virginia: West Virginia rounds out the top 10, with a cost of living index score of 90.7. The median home price is $123,000, and the average rent for a two-bedroom apartment is $624.
What to Consider When Moving to a New State
While these states offer an affordable cost of living, there are other factors to consider when deciding where to call home. These include:
Job opportunities and career growth
Access to quality education and healthcare
Outdoor recreation and entertainment options
Community and cultural events
By considering these factors and choosing one of the top 10 cheapest states to live in 2025, you can enjoy a high quality of life without breaking the bank.
Living in an affordable state can make all the difference in your financial stability and overall well-being. Whether you're looking to relocate for work, retire, or simply enjoy a more budget-friendly lifestyle, these top 10 cheapest states to live in 2025 are definitely worth considering. So why not start exploring your options today and find your perfect affordable haven?
