These 25 States Are the Least Expensive To Live In

The cost of living is critical when deciding where to live, work, and do business.

When housing, food, transportation, health care, clothing, and entertainment are more expensive, people need to earn more to maintain the standard of living they expect.

Over the last three decades, rising prices for many life essentials have made it harder for Americans to get by, according to the White House.

The Cost of Living Index is calculated based on the price of more than 60 goods and services. Each state’s index is a percentage of the U.S. average, set at 100. 

These 25 States Are the Least Expensive To Live In


Average Cost of Living Index: 97.1North Dakota’s booming economy, high median wages, and low state income taxes made this Midwestern state an affordable place to live in 2022. North Dakota’s unemployment rate was among the lowest in the U.S., according to the Bureau of Labor Statistics.

North Dakota

Average Cost of Living Index: 95.7 Despite its low cost of living, North Carolina has some of the top health care facilities in the country, an extensive education system, and easy transportation, including four international airports, according to the North Carolina Department of Commerce.


North Carolina

Wisconsin has a conservative fiscal policy and experienced the lowest state and local tax burden in 50 years in 2022, according to a report by the Wisconsin Policy Forum. Lower taxes keep the state more affordable for residents and businesses.



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