States With The Lowest Cost Of Living Index Grocery Housing The louisiana purchase – 828,000 square miles at a cost of less than 3 cents per acre – doubled the size of the country. the pelican state was the first to be carved from the territory in 1812. Mississippi stood out with its low cost of living. residents spend an average of $32,336 per year on essential expenses. most expensive state for home prices, with a staggering median price of.
Lowest Cost Of Living States In The U S 2024 Consumeraffairsв Michigan employees pay the fewest dollars per year for their job based health insurance premiums, while north carolina employees pay the most. michiganders also pay the smallest share of total. Rankings: states with the lowest cost of living. The median price for a single family home in mississippi is $140,818, and the average rent for a two bedroom apartment is $991. mississippi also has the lowest transportation costs in the nation. the living wage in mississippi is $80,523for a family of four. meanwhile, the median income for a family of four is $70,656. 7. missouri. the cost of living in missouri is 11.5% lower than the national average. kansas city is the state’s most expensive place to live, but it’s still 8.7% less than most u.s. cities. the cheapest city, springfield, has a cost of living around 14.8% below average.
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