A lot of people are familiar with the most expensive states that you can live in the USA such as Washington DC, New York and California but what about the states that might be cheaper to live in? If you’re thinking of moving and worried about the money then checking out the least expensive states to live in might help you with making up your mind as to if you should move to that state or somewhere else.
Check Out 10 Of The Least Expensive States In The USA To Live In
10. Alabama
Alabama relied on cotton a lot but now in more recent years the state tries hard to focus on the production of poultry and livestock. The switch has proven to be a success and has helped them out a lot. However, cotton still remains their number one crop that’s crucial. Home values in Alabama vary but you can purchase a nice home between $123,000 to $158,000 depending on what part of Alabama you’re buying it from.
9. Arkansas
There are a few bonuses with living in Arkansas. The state is not only cheap to live in but the healthcare, utilities, transportation and even groceries all happen to be much cheaper than other states. If you’re wondering about the utilities in apartments at Little Rock then you’re looking at possibly just paying $135 per month, this includes the water, electric and trash services. Going to the movies there is also cheap. You can buy home in Arkansas at a cheap price of just around $110,800.
8. Iowa
The cost of living in Iowa is almost about the same as the cost of living in Arkansas. The one thing that might surprise you is that buying a house in Iowa might be more expensive then in Arkansas. Throughout Iowa, the utilities seem to be cheap and in Des Moines the cost of apartment utilities can be cheaper then Arkansas and might only be around $110 depending on how many live with you in your apartment.
7. South Dakota
South Dakota is much like Arkansas and you can buy homes in South Dakota for around the same price that they cost you in Arkansas. Dining can sometimes be more expensive depending on where you go. The one thing that is helping South Dakota get on its feet is that back in 2010 business related taxes was slashed and therefore, it made South Dakota a more desirable place to put a business in and it has helped to improve their economy.
6. Nebraska
If you’re looking for a cheap place to rent a home then Nebraska might be the state to consider because it can cost you just around $900 per month to rent one. Another bonus with living in Nebraska is that gym memberships also seem to be cheaper. You can also go shopping and buy some nice clothes much cheaper in Nebraska then you can in some other states. The only downfall is that the property taxes in Nebraska tend to be high in a few areas.
5. Kansas
In Kansas one of the biggest advantages of living there is the fact that a lot of groceries are cheaper. You can buy eggs, milk and even bread at a much cheaper price then what pay for elsewhere. In Topeka, Kansas the eggs cost about $1.35 for a dozen of them. You can also buy a nice home in Kansas for around $145,000 and cheaper. Just like Nebraska, the property taxes can be high and you might have to pay around 1.29% on the property tax of the home.
4. Kentucky
If you want to check out some of the inexpensive restaurants in Kentucky then you might have to pay about $8 or less. This is just one perk of living in Kentucky. Renting a home is also cheaper because you can rent a nice home for just around $850 a month. Another bonus that Kentucky has is that the property tax rates on homes tends to be cheaper and you just have to pay around 72%, so it’s more affordable then even Kansas or Nebraska. You can buy a home anywhere between $126,000 to $150,000 depending on the location and how big the home might be.
3. Oklahoma
The cost to rent a home in Oklahoma might be higher than Kentucky and around $950 a month but at the same time you can get a nice dinner in an expensive restaurant for two and see a movie together for just around $60. The cost of renting a home might be more expensive than other states, buying a home is actually cheaper. You can buy a nice home in Oklahoma for just around $145,000. The homes might be less expensive then Kentucky but the downfall is that the property tax on them is around 74% instead of just being around 72 percent.
2. Tennessee
Tennessee is not only one of the cheapest places to live in but also the housing in Tennessee is not near as expensive as it is in other states. You can buy a nice home for just around $120,000 in Tennessee and the property taxes on the home happen to be around 68 percent, so even the property taxes are lower. Tennessee is a nice place for people who might be retired and need to live in a state that’s affordable. People can also easily share their apartments and work from home and save money on gas in Tennessee. You can buy a decent meal for just around $12 for one person depending on where you go. The only downfall is that state taxes tend to be higher in Tennessee then in other states.
1. Mississippi
It just cost around $850 to rent a home in Mississippi. The property taxes are also low in Mississippi and you just have to pay around 52 percent on them. The cost of food and healthcare is extremely low. However, one thing to know is that in some cities in Mississippi the cost of utilities can be higher than other states and you might end up paying around $175 per month for them. It can cost around $155,000 to buy a home in Mississippi. This is another state that also relied on cotton a lot and then later switched over to the livestock industry and now they focus on producing soybeans, catfish, rice and chicken.
Conclusion
When you are moving it all depends on how many people you have moving with you, if you’re wanting to get involved at the local gym and how much you’re wanting to pay for groceries each month. You should take these all into consideration before moving.