What are the cheapest states to live in the United States? Have you been considering moving to a new state? Well, this video is for you!
I'm going to show you the 10 most affordable states to live in America. Now, I know what you're thinking. Why would anyone want to live in a cheap state? There are actually a lot of reasons why you might want to move to this kind of place. Maybe you're trying to save money, or maybe you just want to live in a place where the cost of living is lower. No matter what your reason is, I'm sure you'll find something interesting in this video. So keep watching to find out the 10 cheapest states to live in America.
10. Indiana
If you're looking for an affordable place to call home, Indiana should definitely be at the top of your list. The cost of living in the state is well below the national average, and you'll find that your dollar goes a lot further here. Housing is particularly affordable, with the median price of a home coming in at around $206,422. And if you're worried about finding a job, don't be – the unemployment rate in Indiana is a low 2.2%. It is a great place to put down roots and start a family. You'll love it here! It's no surprise that it ranks as one of the cheapest states to live in America. So if you're looking for a state that won't break the bank, Indiana is definitely worth considering.
9. West Virginia
When it comes to finding affordable housing, West Virginia has some of the lowest median home prices, currently sitting at $126,948. It's lower compared to Indiana. That's 8 points below the average transportation costs in the state, helping to keep living expenses low. And if you're looking for even more ways to save, you'll be happy to know that West Virginia has some of the lowest taxes in the country. It is a great place to live if you're looking for an affordable lifestyle.
So if you're searching for a new home and want to get the most bang for your buck, be sure to check out properties in West Virginia. You might just find your dream home at a price you can afford.
8. Iowa
Despite having transportation and grocery prices that are only around two points below the 100-point threshold, Iowa is ranked eighth in the nation for affordability. That's because the state is one of the most affordable for renting, with the average rent for a one-bedroom apartment of about $600. Imagine finding a place to live for that price in New York City or San Francisco. It's practically unheard of. And if you're looking to buy a home, the median price of a property is also relatively low, at $180,839. And although the housing market is expanding and rising by 12.5%, it's still relatively affordable compared to other states. Finding a place to call your own for such a low price is one of the reasons Iowa ranks as one of the cheapest states in America.
7. Missouri
Who doesn't love a good deal? Missouri ranks seventh in the nation when it comes to affordability, with an overall cost of living index of 89.8. That means you'll be able to find plenty of ways to save money here. A big reason for Missouri's low cost of living is affordable housing.
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