Top 10 states with the lowest cost of living

Living in accordance with the American dream means having a sense of financial comfort and living in a place that is accessible to your budget, but you also like it. Despite the fact that the US economy is growing, many people in the country still have problems paying bills and tend to move to regions that offer better employment opportunities, lower tax burden and a higher quality of life.

Фото: Depositphotos

Edition CNBC determined which US states are currently the most accessible to life. The analysis was carried out on the basis of the subsistence minimum in the region, the prices of housing, energy, food, as well as other popular goods and services.

The cost of living in the United States varies greatly from state to state. In large cities, the cost of housing, food, tax burden and other daily expenses can be overwhelming for a person with an average income. At the same time, in other regions the same income can provide a very comfortable life.

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The study evaluated all 50 US states by deriving an index of basic expenses - from grocery shopping to housing.

Top-10 states with the lowest cost of living:

10. Wyoming

• Ranking among US states for subsistence minimum: 41 from 50
• The most expensive district: Laramie
• Average house price: $ 271 475
• The price of half a gallon (about 1,9 liters) of milk: $ 2,49
• Ribeye Steak Cost: $ 12,61
• Average monthly electricity bill: $ 130,86
• Average cost of visiting a doctor: $ 106,00

9. Indiana

• Ranking among US states for subsistence minimum: 42 from 50
• The most expensive neighborhood: Indianapolis
• Average house price: $ 250 625
• The price of half a gallon (about 1,9 liters) of milk: $ 1,51
• Ribeye Steak Cost: $ 11,80
• Average monthly electricity bill: $ 184,40
• Average cost of visiting a doctor: $ 93,91

8. Kansas

• Ranking among US states for subsistence minimum: 43 from 50
• The most expensive area: Manhattan
• Average house price: $ 311 911
• The price of half a gallon (about 1,9 liters) of milk: $ 1,39
• Ribeye Steak Cost: $ 11,04
• Average monthly electricity bill: $ 179,18
• Average cost of visiting a doctor: $ 89,50

Nashville, Tennessee. Photo: Depositphotos

7. Tennessee

• Ranking among US states for subsistence minimum: 44 from 50
• The most expensive neighborhood: Nashville-Murfreesboro
• Average house price: $ 318 571
• The price of half a gallon (about 1,9 liters) of milk: $ 1,78
• Ribeye Steak Cost: $ 12,08
• Average monthly electricity bill: $ 157,08
• Average cost of visiting a doctor: $ 94,52

6. Alabama

• Ranking among US states for subsistence minimum: 45 from 50
• The most expensive area: Mobile
• Average house price: $ 241 783
• The price of half a gallon (about 1,9 liters) of milk: $ 2,32
• Ribeye Steak Cost: $ 9,96
• Average monthly electricity bill: $ 192,98
• Average cost of visiting a doctor: $ 116,24

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5. Michigan

• Ranking among US states for subsistence minimum: 46 from 50
• The most expensive area: Grand Rapids
• Average house price: $ 288 912
• The price of half a gallon (about 1,9 liters) of milk: $ 1,77
• Ribeye Steak Cost: $ 10,45
• Average monthly electricity bill: $ 165,99
• Average cost of visiting a doctor: $ 96,94

4. Missouri

• Ranking among US states for subsistence minimum: 47 from 50
• The most expensive area: Kansas City
• Average house price: $ 276 197
• The price of half a gallon (about 1,9 liters) of milk: $ 2,10
• Ribeye Steak Cost: $ 11,76
• Average monthly electricity bill: $ 160,33
• Average cost of visiting a doctor: $ 94,24

Little Rock, Arkansas. Photo: Depositphotos

3. Arkansas

• Ranking among US states for subsistence minimum: 48 from 50
• The most expensive area: Little Rock
• Average house price: $ 339 778
• The price of half a gallon (about 1,9 liters) of milk: $ 2,16
• Ribeye Steak Cost: $ 9,69
• Average monthly electricity bill: $ 149,97
• Average cost of visiting a doctor: $ 114,28

2. Oklahoma

• Ranking among US states for subsistence minimum: 49 from 50
• The most expensive area: Enid
• Average house price: $ 317 039
• The price of half a gallon (about 1,9 liters) of milk: $ 2,03
• Ribeye Steak Cost: $ 10,42
• Average monthly electricity bill: $ 163,78
• Average cost of visiting a doctor: $ 125,00

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1. Mississippi

• Ranking among US states for subsistence minimum: 50 from 50
• The most expensive area: Jackson
• Average house price: $ 275 509
• The price of half a gallon (about 1,9 liters) of milk: $ 2,90
• Ribeye Steak Cost: $ 9,73
• Average monthly electricity bill: $ 127,10
• Average cost of visiting a doctor: $ 91,27

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