5 Cheapest States to Live In

4. Alabama

Average Weighted Cost of Living Index: 87.97

Alabama has the third lowest cost of housing amongst all the states in the US. The state’s average housing price is 30.4% lower than the national average. Furthermore, Alabama has the second lowest cost of transportation which is 10.1% less than the national average. Additionally, the cost of fuel in Alabama is generally lower than in many other states, which helps to keep transportation costs down. Meanwhile, the cost of healthcare is the fourth lowest among all the states.