Asked by: Aubrey Emmerich | Last update: February 5, 2025 Score: 4.8/5
(25 votes)
12 Cheapest States to Live in for 2024
Mississippi.
Arkansas.
Missouri.
Iowa.
Tennessee.
Indiana.
Georgia.
Michigan.
What is the best state to live in for your money?
North Dakota scored the top spot on our list as the best state for saving money. This state has one of the lowest costs of living, combined with a strong median annual household income of $78,720. The state also has a significantly lower top marginal state income tax rate than some of the other states on our list.
What is the best state to move to economically?
Florida retained its top spot as the best-performing state economy for the second consecutive year. A 9% increase in new business applications in 2023 contributed significantly to its leading position.
Which state is most financially stable?
Wyoming. #1 in Fiscal Stability. #12 in Best States Overall. ...
North Dakota. #2 in Fiscal Stability. #15 in Best States Overall. ...
Nebraska. #3 in Fiscal Stability. ...
Delaware. #4 in Fiscal Stability. ...
Tennessee. #5 in Fiscal Stability. ...
Utah. #6 in Fiscal Stability. ...
Minnesota. #7 in Fiscal Stability. ...
Texas. #8 in Fiscal Stability.
Which states are not in debt?
The lowest-liability states—Arizona, Idaho, Nebraska, Tennessee, Utah, Wisconsin, and Wyoming—owe less than 3 percent of GDP. The highest-liability states—Connecticut, Hawaii, Illinois, New Jersey, and Vermont—owe more than 20 percent of GDP.
10 Safest and Most Affordable Places to Live in the United States 2024
37 related questions found
Which state is financially strong?
According to the most recent U.S. Census Data, there is more than a $45,000 swing in median income between the wealthiest and poorest household income states. The top-earning states for 2023 are Massachusetts, New Jersey, Maryland, New Hampshire, California, Hawaii, and Washington.
Which state is worth moving to?
Topping the list was Massachusetts. "Massachusetts is the best state to live in, due in large part to its strong health care system and high-quality education," said WalletHub Analyst Cassandra Happe in a statement.
Where is everyone moving to in 2024?
West Virginia, Delaware, and South Carolina saw the highest percentage of inbound migration in 2024. New Jersey, Illinois and New York had the highest outbound migration, with many leaving for retirement or to be closer to family.
What state is number 1 in economy?
2022 (most recent) Gross domestic product (GDP) in the United States By state: Highest: California ($3,598,102,700,000)
Where is the nicest but cheapest place to live?
10 Most Affordable Cities To Live In The U.S.
Evansville, Indiana.
Fort Wayne, Indiana.
Dayton, Ohio.
Wichita Falls, Texas.
Toledo, Ohio.
Akron, Ohio.
Springfield, Illinois.
Rockford, Illinois.
What is the least desirable state to live in?
It assessed each state's affordability, economy, education and health, quality of life, and safety. Louisiana was ranked the worst state to live in, followed by New Mexico.
What is the safest most affordable state to live in?
Here are some of the cheapest and safest places to live in the US!
Live in Boise, Idaho.
Affordable living in Des Moines, Iowa.
Winston Salem, North Carolina: among the cheapest cities in USA.
Live affordably in Naples, Florida.
Enjoy Lexington, Kentucky.
Which state has the best quality of life?
WalletHub released its 2024 ranking of the best US states to live in. The study considered metrics like affordability, economy, and safety. Massachusetts was ranked the No. 1 state to live in.
What state has lowest cost of living?
Arkansas. #1 in Cost of Living. #47 in Best States Overall. ...
Mississippi. #2 in Cost of Living. #48 in Best States Overall. ...
Alabama. #3 in Cost of Living. ...
South Dakota. #4 in Cost of Living. ...
Iowa. #5 in Cost of Living. ...
North Dakota. #6 in Cost of Living. ...
Oklahoma. #7 in Cost of Living. ...
West Virginia. #8 in Cost of Living.
What is the #1 state people are leaving?
New census data shows the estimated number of movers to and from each state between 2022 and 2023. New York lost residents at the highest rate, followed by New Jersey and Illinois. People are often driven to move for lower costs of living, a professor who studies migration said.
What is the best state to start over in?
What are the best states to relocate to?
New Hampshire. New Hampshire, the live free or die state, is the fifth-smallest state by area and the 10th least-populous state in the country. ...
Wyoming. ...
Virginia. ...
Rhode Island. ...
Wisconsin. ...
Connecticut. ...
North Dakota. ...
Utah.
What state are most Americans moving to?
Here's a look at the states with the highest net influx of residents from other states between July 1, 2023 and July 1, 2024.
Florida: 64,017.
Tennessee: 48,476.
Arizona: 34,902.
Alabama: 26,028.
Georgia: 25,321.
Nevada: 16,853.
Idaho: 16,383.
Oklahoma: 14,036.
What state has the worst cost of living?
Right behind Hawaii are the states you might expect to have big living costs as they're home to some of the most expensive cities in the nation. No. 2 is California, which “has notoriously high prices for housing, gas, utilities, and food,” according to the data.
What is the #1 best state?
Utah. #1 in Best States Overall. ...
New Hampshire. #2 in Best States Overall. ...
Nebraska. #3 in Best States Overall. ...
Minnesota. #4 in Best States Overall. ...
Idaho. #5 in Best States Overall. ...
Iowa. #6 in Best States Overall. ...
Vermont. #7 in Best States Overall. ...
Washington. #8 in Best States Overall.
What is the easiest state to live in financially?
Mississippi: According to World Population Review, in 2023, Mississippi holds the title of the cheapest state to live in the United States. Its cost of living index is 85, and overall costs in the state are 17% lower than the national average.
What state has the best economy to live in?
Florida. #1 in Economy. #9 in Best States Overall. ...
Idaho. #2 in Economy. #5 in Best States Overall. ...
Utah. #3 in Economy. #1 in Best States Overall. ...
Colorado. #4 in Economy. #16 in Best States Overall. ...
Nevada. #5 in Economy. #33 in Best States Overall. ...
Texas. #6 in Economy. ...
New Hampshire. #7 in Economy. ...
Massachusetts. #8 in Economy.
What is the poorest state in the United States?
Poverty in U.S. states
Among U.S. states, Mississippi had the highest poverty rate in 2018 (19.7% poverty rate), followed by Louisiana (18.65%), New Mexico (18.55%) and West Virginia (17.10%).
What state is number one in education?
But this is what the data shows. May 7, 2024, at 12:01 a.m. A young woman walks on the University of South Florida campus in Tampa, Florida. For the second year in a row, Florida is the top state for education in U.S. News & World Report's Best States rankings.