Cheapest States To Live In Map 2024 Map. The median home price in the state is $189,976, with. The cost of living in missouri is 11.5% lower than the national average.

Mississippi, the cheapest state to live in, has a cost of living index of 84.9, making it much more affordable than the national average. With an average annual expenditure of $55,491, its residents have just $9,550 to spend per year on average.