Are you tired of living in a state where the cost of living is through the roof? Look no further! We've got the inside scoop on the
10 cheapest states to live in 2025. From the lowest cost of living to the most affordable housing, these states offer the perfect blend of quality of life and budget-friendliness. In this article, we'll count down the top 10 most affordable states to live in 2025, highlighting the best of everything from housing to healthcare.
Ranking the Cheapest States to Live in 2025
To determine the cheapest states to live in 2025, we considered a range of factors, including the cost of living index, housing costs, transportation expenses, and access to affordable healthcare. Here are the top 10 cheapest states to live in 2025:
- 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 $120,000, and the average rent for a two-bedroom apartment is $700.
- Arkansas: Arkansas comes in second with a cost of living index score of 86.3. The median home price is $140,000, and the average rent for a two-bedroom apartment is $600.
- Tennessee: Tennessee ranks third with a cost of living index score of 87.3. The median home price is $170,000, and the average rent for a two-bedroom apartment is $800.
- Alabama: Alabama is fourth on the list with a cost of living index score of 87.8. The median home price is $140,000, and the average rent for a two-bedroom apartment is $700.
- Kentucky: Kentucky rounds out the top five with a cost of living index score of 88.2. The median home price is $140,000, and the average rent for a two-bedroom apartment is $600.
- Oklahoma: Oklahoma is sixth on the list with a cost of living index score of 88.3. The median home price is $120,000, and the average rent for a two-bedroom apartment is $600.
- Missouri: Missouri ranks seventh with a cost of living index score of 89.1. The median home price is $160,000, and the average rent for a two-bedroom apartment is $700.
- South Carolina: South Carolina is eighth on the list with a cost of living index score of 90.2. The median home price is $180,000, and the average rent for a two-bedroom apartment is $800.
- West Virginia: West Virginia ranks ninth with a cost of living index score of 90.5. The median home price is $110,000, and the average rent for a two-bedroom apartment is $500.
- North Carolina: North Carolina rounds out the top 10 with a cost of living index score of 91.2. The median home price is $190,000, and the average rent for a two-bedroom apartment is $900.
What Makes These States So Affordable?
So, what makes these states the cheapest to live in 2025? Here are a few factors that contribute to their affordability:
Low cost of living index scores: Each of these states has a cost of living index score that's significantly lower than the national average.
Affordable housing: The median home prices in these states are lower than in many other parts of the country, making it easier to buy or rent a home.
Low transportation costs: With lower gas prices and affordable transportation options, these states make it easy to get around without breaking the bank.
Access to affordable healthcare: Many of these states have lower healthcare costs and more affordable healthcare options, making it easier to stay healthy without going broke.
If you're looking for a state to call home that won't break the bank, consider one of the top 10 cheapest states to live in 2025. From Mississippi to North Carolina, these states offer a unique blend of affordability, quality of life, and access to amenities. Whether you're a young professional, a family, or a retiree, there's something for everyone in these affordable states. So why not start exploring your options today and find your perfect match?
