10 Cheapest States to Live in the US 2024: 10 Cheapest States to Live in the US 2024 gives an insight into the states that an individual will find affordable to live in. 10 places in the USA are the cheapest states to live in, like Mississippi, Arkansas, Alabama, Oklahoma, Kansas, Indiana, Tennessee, Kentucky, Missouri, and Michigan.
In this article, we will have a look at the Cheapest States to live in the USA in 2024. Let us dive in!
Cheapest States to Live in the US 2024
In the United States of America, there are several places that are quite affordable for an individual where s/he can reside. A place is considered to be cheap and affordable based on an individual’s circumstances, lifestyle choices, and where the area where it is located. Given below is a list of 10 of the cheapest states to live in the US in 2024.
Top 10 Cheapest States to Live in the US 2024
Here’s a list of 10 of the cheapest states to live in the US in 2024, their estimated population and cost of living.
List of 10 Cheapest States in USA to live in 2024
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Serial No.
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Cheapest State
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Estimated Population
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Cost of Living Per Day
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1.
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Mississippi
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2.99 million
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The cost of living in Mississippi is relatively low compared to the national average. On an average, a person can expect to spend around $100-$120 per day for expenses such as:
- Transportation ($10-$20), and
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2.
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Arkansas
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3.05 million
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Expect to spend around $110-$130 per day.
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3.
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Alabama
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5.11 million
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Daily expenses ranging from $110-$130.
Housing costs are particularly affordable, averaging around $30-$40 per day.
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4.
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Oklahoma
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4.08 million
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Oklahoma’s cost of living is also below the national average.
Daily expenses are estimated to be around $120-$140, with housing costs similar to those in Alabama.
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5.
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Kansas
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2.93 million
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Kansas offers a slightly higher cost of living compared to the previous states on the list.
Expect to spend around $130-$150 per day, with housing costs being the primary contributor.
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6.
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Indiana
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6.87 million
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Indiana’s cost of living is also relatively low, with daily expenses ranging from $130-$150.
Housing costs may vary depending on the city or town.
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7.
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Tennessee
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7.17 million
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Tennessee offers a low cost of living, with daily expenses estimated to be around $140-$160.
Housing costs, particularly outside major cities like Nashville, are affordable.
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8.
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Kentucky
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4.53 million
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Kentucky’s cost of living is similar to Tennessee’s, with daily expenses also averaging around $140-$160.
Affordable housing options contribute to the overall low cost of living in the state.
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9.
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Missouri
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6.21 million
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Missouri offers a slightly higher cost of living compared to Kentucky, with daily expenses ranging from $150-$170.
Housing costs may vary depending on location within the state.
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10.
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Michigan
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10.03 million
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Michigan rounds out the list of the 10 cheapest states to live in the USA.
Daily expenses are estimated to be around $150-$170, with housing costs being a significant factor, especially in cities like Detroit.
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Mississippi
Mississippi is a cheap state to live in due to its low cost of housing, which consistently ranks among the lowest in the country.
- Additionally, the state boasts a generally affordable cost of living, including lower utility bills, groceries, and transportation expenses.
- Mississippi offers tax advantages with relatively low property and income taxes, contributing to overall affordability.
- Overall, Mississippi’s combination of affordable housing, low cost of living, tax benefits, and diverse economy makes it an attractive and economical place to call home.
Arkansas
Arkansas is known for its affordability due to its low cost of housing, which offers options at below the national average.
- With relatively low property and income taxes, Arkansas provides tax advantages that contribute to its overall affordability.
- Arkansas’s combination of affordable housing, low living costs, tax benefits, and economic diversity makes it an appealing and budget-friendly place to reside.
Alabama
Alabama’s charm goes beyond its affordability, but its budget-friendly environment undoubtedly makes it an attractive destination for individuals and families looking to live comfortably without straining their finances.
- With its low housing costs, favourable tax benefits, affordable healthcare, economic opportunities, and abundant recreational offerings, Alabama proves that a high quality of life doesn’t have to come with a hefty price tag.
Oklahoma
Oklahoma stands out as an affordable state to live in the USA due to its low cost of living across various aspects.
- Housing costs in Oklahoma are notably affordable, with a range of options available at prices significantly below the national average.
- The state’s property taxes are relatively low, providing homeowners with additional savings.
- Moreover, everyday expenses such as groceries, healthcare, and utilities are more budget-friendly compared to many other states, allowing residents to enjoy a comfortable lifestyle without breaking the bank.
- Oklahoma’s affordability, combined with its strong sense of community and natural beauty, makes it an appealing choice for individuals and families seeking a high quality of life at a lower cost.
Kansas
Kansas offers a cost-effective lifestyle, making it an attractive choice for residents seeking affordability.
- The state’s housing costs are notably low, with a variety of options available at prices below the national average.
- Additionally, Kansas boasts a competitive job market and a relatively low unemployment rate, providing economic stability without the high living expenses often associated with larger urban areas.
- Everyday expenses such as groceries, healthcare, and utilities are also more budget-friendly compared to many other states, allowing residents to stretch their dollars further.
- Overall, Kansas provides a balance of affordability and quality of life, making it an appealing destination for those looking to live comfortably without the financial strain.
Indiana
Indiana offers a low cost of living, consistently ranking below the national average.
- Housing costs are notably affordable, with a range of options from urban apartments to suburban homes.
- The state’s property taxes are relatively low, providing homeowners with significant savings.
- Indiana’s competitive job market and growing economy provide opportunities without the high living expenses of larger metropolitan areas.
Tennessee
Tennessee is considered a cheap state to live in the USA due to several factors.
- Firstly, the state has no income tax on wages, which significantly reduces the overall tax burden for residents.
- Additionally, housing costs in Tennessee are below the national average, particularly in cities outside of major metropolitan areas like Nashville.
- The state also boasts a lower-than-average cost of living for essentials like groceries and utilities.
- Combined with its relatively affordable healthcare and transportation options, Tennessee offers a favourable environment for individuals and families looking to stretch their dollars further.
Kentucky
Kentucky is renowned for its affordable housing options.
- The cost of living in Kentucky is notably lower compared to many other states in the U.S. According to various indices, including the Cost of Living Index (COLI), Kentucky consistently ranks below the national average.
- Kentucky offers several tax benefits that contribute to its affordability.
- The state has a competitive healthcare market with lower insurance premiums and out-of-pocket expenses, making quality healthcare more accessible and affordable for residents.
- The state is home to diverse industries including manufacturing, agriculture, healthcare, bourbon production, and technology.
- With a growing job market and relatively low unemployment rates, residents can enjoy affordable living without sacrificing career prospects.
- Kentucky’s affordability extends to its recreational opportunities as well. Residents have access to stunning natural landscapes, including rolling hills, lush forests, and picturesque lakes.
Missouri
Missouri offers a cost-effective lifestyle, making it an attractive destination for individuals and families seeking affordability in the USA.
- The state’s housing costs are notably low, with a variety of housing options available at prices below the national average.
- Additionally, Missouri’s relatively low property taxes provide homeowners with significant savings.
- Everyday expenses such as groceries, healthcare, and utilities are also more budget-friendly compared to many other states, contributing to a lower overall cost of living.
- With a diverse job market, a range of recreational opportunities, and a welcoming community, Missouri provides a high quality of life without the financial strain often associated with larger metropolitan areas, making it a desirable choice for those looking to live comfortably at a lower cost.
Michigan
Michigan is considered a cheap state to live in the USA for several reasons.
- Firstly, the cost of housing in Michigan is below the national average, particularly in cities like Detroit and Flint.
- Additionally, the state offers relatively low property taxes, which can contribute to overall affordability.
- Michigan also has a lower-than-average cost of living for essentials like groceries and transportation.
- With its diverse job market and educational opportunities, coupled with affordable living expenses, Michigan presents an attractive option for individuals and families seeking a lower cost of living without sacrificing quality of life.
States with Low Cost of Living and High Quality of Life in US
Given below are the 10 states in USA which have a low cost of living and offer high quality of life. These states provide a balance of affordability and amenities that contribute to a high quality of life for residents.
10 States with Low Cost of Living & High Quality of Life in US
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Serial No.
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Cheapest State
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Reasons why cost of living is low and quality of life is high
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1.
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Texas
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With affordable housing, no state income tax, and a diverse range of urban and rural areas, Texas offers a high quality of life at a relatively low cost.
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2.
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North Carolina
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North Carolina boasts a low cost of living, particularly in cities like Charlotte and Raleigh, along with beautiful natural scenery and a strong job market.
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3.
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Arizona
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Arizona offers a low cost of living, especially in cities like Tucson and Mesa, combined with a warm climate, outdoor recreational opportunities, and vibrant cultural scenes.
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4.
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Utah
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Utah has a relatively low cost of living, particularly in cities like Salt Lake City and Provo, along with stunning natural landscapes and a strong sense of community.
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5.
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Florida
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Florida is known for its affordable housing options, no state income tax, and year-round warm weather, making it an attractive destination for retirees and families alike.
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6.
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Tennessee
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Tennessee offers a low cost of living, particularly in cities like Nashville and Chattanooga, along with a thriving music and arts scene, outdoor activities, and friendly communities.
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7.
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Georgia
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Georgia boasts a low cost of living, especially in cities like Atlanta and Augusta, along with a diverse economy, historic landmarks, and Southern hospitality.
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8.
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Missouri
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Missouri has a low cost of living, particularly in cities like St. Louis and Kansas City, along with cultural attractions, outdoor recreation, and a strong sense of community.
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9.
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Michigan
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Michigan offers a low cost of living, particularly in cities like Detroit and Grand Rapids, along with access to the Great Lakes, outdoor activities, and a growing economy.
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10.
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Indiana
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Indiana boasts a low cost of living, especially in cities like Indianapolis and Fort Wayne, along with a strong job market, affordable housing, and a variety of cultural and recreational activities.
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Cheapest and Safest Places to Live in USA
Determining the absolute cheapest and safest place to live in the USA can be subjective and depends on various factors such as individual preferences, lifestyle, and priorities. However, there are several places across the country that are renowned for offering a balance of affordability and safety:
List of 10 Cheapest & Safest places to live in USA
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Serial No.
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State
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Reason why the state is Cheap & Safe to live
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1.
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Boise, Idaho
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Boise consistently ranks as one of the safest cities in the United States while also offering a relatively low cost of living compared to other major metropolitan areas.
It boasts a thriving job market, outdoor recreational opportunities, and a strong sense of community.
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2.
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Madison, Wisconsin
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Madison is known for its low crime rates, excellent education system, and affordable living costs.
It offers a high quality of life with abundant cultural amenities, beautiful parks, and a vibrant downtown area.
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3.
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Raleigh, North Carolina
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Raleigh is a rapidly growing city with a low cost of living, particularly in terms of housing.
It’s considered one of the safest cities in the Southeast and offers a diverse economy, excellent healthcare facilities, and a range of recreational activities.
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4.
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Lincoln, Nebraska
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Lincoln consistently ranks as one of the safest cities in the USA with a relatively low cost of living.
It offers a strong job market, excellent schools, and a high quality of life with plenty of parks, cultural events, and community activities.
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5.
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Des Moines, Iowa
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Des Moines is known for its affordable housing, low crime rates, and family-friendly atmosphere.
It offers a strong job market, top-notch healthcare facilities, and a range of recreational opportunities, making it an attractive place to live for many.
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6.
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Grand Rapids, Michigan
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Grand Rapids is often cited as one of the safest cities in the Midwest with a reasonable cost of living.
It offers a thriving arts and culture scene, diverse neighbourhoods, and plenty of outdoor activities, making it an ideal place for families and young professionals alike.
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7.
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Chattanooga, Tennessee
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Chattanooga offers a low cost of living, particularly in terms of housing, and is considered one of the safest cities in the Southeast.
It boasts scenic beauty, outdoor recreational opportunities, and a growing economy fueled by its revitalized downtown area.
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8.
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Provo, Utah
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Provo consistently ranks as one of the safest cities in the USA with a relatively low cost of living compared to other cities in Utah.
It offers stunning natural surroundings, a strong job market, and a thriving arts and culture scene.
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9.
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Fargo, North Dakota
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Fargo is known for its low crime rates, affordable housing, and strong sense of community.
It offers a high quality of life with excellent schools, healthcare facilities, and plenty of recreational activities despite its colder climate.
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10.
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Salem, Oregon
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Salem offers a lower cost of living compared to other cities in Oregon while maintaining a high level of safety.
It boasts a mild climate, diverse neighbourhoods, and access to outdoor recreational opportunities, making it an attractive place to live for many.
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Cheapest State to Live in USA on Rent
In USA, some states offer a combination of affordable rent prices and a relatively low cost of living, making them attractive options for individuals and families looking to save on housing expenses.
10 Cheapest states to Live in the USA on Rent
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Serial No.
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State
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Reason why the state is cheap to live on Rent
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1.
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West Virginia
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West Virginia consistently ranks among the cheapest states in terms of rent prices.
Cities like Charleston and Huntington offer affordable housing options, with average rents for one-bedroom apartments well below the national average.
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2.
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Arkansas
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Arkansas is known for its low cost of living, including affordable rent prices.
Cities such as Little Rock and Fayetteville offer a range of housing options at budget-friendly rates.
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3.
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Oklahoma
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Oklahoma offers relatively low rent prices compared to national averages.
Cities like Oklahoma City and Tulsa provide affordable housing options for renters, contributing to the state’s overall affordability.
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4.
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Mississippi
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Mississippi boasts some of the lowest rent prices in the country.
Cities like Jackson and Gulfport offer affordable housing options for individuals and families looking to save on living expenses.
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5.
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Kentucky
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Kentucky is known for its affordable cost of living, including rent prices.
Cities such as Louisville and Lexington offer a mix of urban and suburban housing options at budget-friendly rates.
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6.
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Alabama
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Alabama offers affordable rent prices compared to many other states.
Cities like Birmingham and Huntsville provide a range of housing options, from apartments to single-family homes, at affordable rates.
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7.
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Indiana
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Indiana is another state where rent prices are relatively low compared to national averages.
Cities such as Indianapolis and Fort Wayne offer affordable housing options for renters, contributing to the state’s overall affordability.
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8.
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Kansas
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Kansas offers affordable rent prices, particularly in cities like Wichita and Topeka.
Renters can find a variety of housing options at budget-friendly rates, contributing to the state’s overall affordability.
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9.
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Missouri
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Missouri boasts affordable rent prices compared to national averages.
Cities like St. Louis and Kansas City offer a range of housing options at budget-friendly rates, contributing to the state’s overall affordability.
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10.
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Iowa
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Iowa is known for its low cost of living, including affordable rent prices.
Cities such as Des Moines and Cedar Rapids offer a range of housing options at budget-friendly rates, contributing to the state’s overall affordability.
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Affordable Places to Live in USA for Young Adults
There are some places in USA which offer a balance of affordability, job opportunities, cultural amenities, and recreational activities that make them attractive places to live for young adults.
List of Affordable Places to Live in USA for Young Adults
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Serial No.
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Affordable Place in USA
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Reason why it is an Affordable Place
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1.
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Austin, Texas
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Austin offers a vibrant arts and music scene, a diverse culinary landscape, and numerous outdoor recreational opportunities.
While the cost of living has risen in recent years, it still remains relatively affordable compared to other major cities, especially for young professionals seeking job opportunities in the tech industry.
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2.
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Raleigh, North Carolina
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Raleigh, along with neighbouring Durham and Chapel Hill, forms the Research Triangle, a hub for technology, research, and education.
The cost of living in Raleigh is lower compared to other tech-centric cities like San Francisco or Seattle, making it an attractive option for young adults.
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3.
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Nashville, Tennessee
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Nashville is known for its lively music scene, cultural attractions, and growing job market.
While the city has experienced rapid growth in recent years, it still offers relatively affordable housing compared to other major metropolitan areas, especially in neighbourhoods outside the downtown core.
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4.
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Boise, Idaho
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Boise has emerged as a popular destination for young adults seeking a lower cost of living coupled with outdoor recreational opportunities like hiking, skiing, and rafting.
The city’s growing job market, vibrant downtown area, and affordable housing options make it an appealing choice for young professionals.
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5.
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Denver, Colorado
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Denver offers a thriving arts and culture scene, access to outdoor activities like skiing and hiking, and a strong job market, particularly in industries like technology and healthcare.
While the cost of living has increased in recent years, there are still affordable neighbourhoods within the city and surrounding suburbs.
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6.
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Salt Lake City, Utah
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Salt Lake City combines a lower cost of living with access to outdoor recreational opportunities like skiing, hiking, and mountain biking.
The city’s growing job market, diverse neighborhoods, and cultural amenities make it an attractive option for young adults.
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7.
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Charlotte, North Carolina
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Charlotte is known for its strong job market, particularly in banking, finance, and healthcare.
The city offers affordable housing options, a lively downtown area, and access to outdoor recreational activities, making it a desirable location for young professionals.
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8.
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Pittsburgh, Pennsylvania
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Pittsburgh offers affordable housing options, a vibrant arts and cultural scene, and numerous outdoor recreational opportunities.
The city’s growing tech sector, affordable cost of living, and diverse neighbourhoods make it an attractive destination for young adults.
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9.
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Minneapolis-St. Paul, Minnesota
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Minneapolis-St. Paul offers a lower cost of living compared to other major metropolitan areas, along with a strong job market, diverse neighbourhoods, and numerous cultural attractions.
The Twin Cities region provides access to outdoor activities, arts and entertainment, and a thriving food scene.
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10.
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Kansas City, Missouri/Kansas
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Kansas City straddles the border between Missouri and Kansas, offering affordable housing options, a growing job market, and a vibrant arts and music scene.
The city’s central location in the Midwest provides easy access to other major cities in the region, making it an appealing option for young adults.
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Conclusion
While deciding whether a place is cheap and affordable to live, there are several factors to be considered like what is the cost of living, day to day expenses, housing costs, tax rates and the facilities provided. In the USA, like every other country there are certain states which has places that are cheap, considered safe and then there are certain places that are cheap to live on rent, which offer high quality of life and places that young adults find affordable to live in.
Thus, we see in 2024, states in USA which offer an overall lower cost of living, job opportunities, good schools, and access to basic amenities which are essential conditions that determine the affordability of a place to live in.
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FAQs on 10 Cheapest States to Live in the US 2024
Write some names of states that are cheap to live in USA.
In USA, some places that are cheap to live in are: Mississippi, Missouri, Michigan, Kansas, Tennessee and Indiana to name a few.
Mention some places in USA Which offer cheap cost of living and high quality of life.
In USA, places which offer cheap cost of living and high quality of life are: Mississippi, Alabama, Arkansas, Indiana, Oklahoma and Kansas to name a few.
What are the factors that determine the affordability of a place?
While deciding whether a place is cheap and affordable to live, there are several factors to be considered like what is the cost of living, day to day expenses, housing costs, tax rates and the facilities provided. Places which offer an overall lower cost of living, job opportunities, good schools, and access to basic amenities are essential conditions that determine the affordability of a place to live in.
Mention cheapest states to live on rent in USA.
West Virginia, Oklahoma, Kansas, Kentucky, Mississippi, Indiana, Iowa, Alabama, Missouri and Arkansas are cheap places in USA to live on rent.
Which places are cheap and safe to live in USA?
In USA, cheap and safe places to live in are Boise, Madison, Raleigh, Lincoln, Des Moines, Grand Rapids, Chattanooga, Provo, Fargo and Salem to name a few.
Which some places affordable for young adults to live in USA?
In USA, affordable places where young adults can live in are: Austin, Boise, Denver, Raleigh, Charlotte and Pittsburgh to name a few.
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