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- Top 5 Most Affordable States to Live In



Ranking the Cheapest States to Live in 2025


- Mississippi: With a cost of living index score of 84.6, Mississippi is the cheapest state to live in 2025. The median home price is just $120,000, and the average rent for a two-bedroom apartment is $700.
- Arkansas: Arkansas comes in second with a cost of living index score of 86.3. The median home price is $140,000, and the average rent for a two-bedroom apartment is $600.
- Tennessee: Tennessee ranks third with a cost of living index score of 87.3. The median home price is $170,000, and the average rent for a two-bedroom apartment is $800.
- Alabama: Alabama is fourth on the list with a cost of living index score of 87.8. The median home price is $140,000, and the average rent for a two-bedroom apartment is $700.
- Kentucky: Kentucky rounds out the top five with a cost of living index score of 88.2. The median home price is $140,000, and the average rent for a two-bedroom apartment is $600.
- Oklahoma: Oklahoma is sixth on the list with a cost of living index score of 88.3. The median home price is $120,000, and the average rent for a two-bedroom apartment is $600.
- Missouri: Missouri ranks seventh with a cost of living index score of 89.1. The median home price is $160,000, and the average rent for a two-bedroom apartment is $700.
- South Carolina: South Carolina is eighth on the list with a cost of living index score of 90.2. The median home price is $180,000, and the average rent for a two-bedroom apartment is $800.
- West Virginia: West Virginia ranks ninth with a cost of living index score of 90.5. The median home price is $110,000, and the average rent for a two-bedroom apartment is $500.
- North Carolina: North Carolina rounds out the top 10 with a cost of living index score of 91.2. The median home price is $190,000, and the average rent for a two-bedroom apartment is $900.


What Makes These States So Affordable?


