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In this article, we'll delve into the top 10 cheapest states to live in, highlighting their unique characteristics, affordable housing options, and thriving economies. Whether you're a retiree, a young professional, or a family looking to relocate, these states offer an unbeatable combination of affordability and opportunity.


Ranking the Cheapest States to Live In 2025


- Mississippi: With a cost of living index score of 84.6, Mississippi tops our list as the most affordable state to live in. The median home price is a mere $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 state boasts a median home price of $143,000 and an average rent of $714 for a two-bedroom apartment.
- Tennessee: Tennessee takes the third spot, 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 ranks fourth, with a cost of living index score of 87.8. The state has a median home price of $143,000 and an average rent of $744 for a two-bedroom apartment.
- 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 $714.
- Oklahoma: Oklahoma comes in sixth, with a cost of living index score of 88.3. The state boasts a median home price of $123,000 and an average rent of $694 for a two-bedroom apartment.
- 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 $794.
- South Carolina: South Carolina takes the eighth spot, with a cost of living index score of 90.1. The state has a median home price of $193,000 and an average rent of $854 for a two-bedroom apartment.
- West Virginia: West Virginia ranks ninth, with a cost of living index score of 90.4. The median home price is $123,000, and the average rent for a two-bedroom apartment is $664.
- North Carolina: North Carolina rounds out the top 10, with a cost of living index score of 91.2. The state boasts a median home price of $193,000 and an average rent of $894 for a two-bedroom apartment.


What Makes These States So Affordable?


Whether you're looking to relocate for work, retirement, or simply a fresh start, these 10 states offer an unbeatable combination of affordability and quality of life. So pack your bags, and get ready to experience the best of America without breaking the bank!
Note: The cost of living index scores and median home prices listed are subject to change and may vary depending on the source and methodology used.