Top 5 Most Affordable U.S. States to Move In

When it comes to finding the right place to spend the rest of your life into, there’s no certain recipe for success – and we all know it. However, everybody is looking for an affordable place that leaves at least a part of their income for fun and hobbies. Let’s check out the most affordable U.S. spots that help you enjoy life just a tiny bit more.

  1. Oklahoma

A 2,400-quare-foot house of 300 grand and bread that costs less than $3? Not only is Oklahoma a quiet spot perfect for relaxation, but it also offers plenty of means of entertainment.

2017 Cost of Living score: 46 out of 50 points

Most expensive area: Edmond

Average home price: $310,821

Monthly energy bill: $149.46

 

  1. Arkansas

As the home of Wal-Mart, the state of Arkansas has built a strong reputation of the home of low prices. Also, if you’re planning to heat your home with natural gas, wood or anything else that’s natural, you will pay half the monthly energy bill you’d pay in Boston.

2017 Cost of Living score: 47 out of 50 points

Most expensive area: Little Rock–North Little Rock

Average home price: $301,128

Monthly energy bill: $145.79

 

  1. Michigan

As the legend goes, you are never more than 6 miles away from a natural body of water. The Great Lakes State is home to the American auto industry and its good economy reduces the monthly costs to run your vehicle. The auto industry rebounded and is now leveling off, Detroit is on the comeback trail after its historic bankruptcy, high-tech jobs are supplanting manufacturing, and health care is booming.

2017 Cost of Living score: 48 out of 50 points

Most expensive area: Detroit-Dearborn-Livonia-Troy

Average home price: $274,355

Monthly energy bill: $175.87

 

  1. Indiana

The Crossroads of America is a state well-known for the Indianapolis 500 – and, as a plus, a Quarter Pounder with Cheese will cost you no more than $3.93. If you’re around, why not get a haircut of just $12 for gents and $32 for ladies? End the day with a hot, tasty coffee that doesn’t take you more than $4.43 per pound.

2017 Cost of Living score: 49 out of 50 points

Most expensive area: Elkhart-Goshen

Average home price: $270,204

Monthly energy bill: $144.39

 

  1. Mississippi

A quick look at the recent U.S. history reminds us of the first bottle of Coca Cola, which was made right here, in Mississippi, back in 1894. And luckily for everyone, Coca-Cola isn’t the only thing you can get for a bargain in this state. In short, Mississippi is such a cheap state to live in because that is what its citizens can afford considering their unemployment rate and an average low income of the residents.

2017 Cost of Living score: 50 out of 50

Most expensive area: Gulfport-Biloxi

Average home price: $199,028

Monthly energy bill: $128.68

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