What is the cheapest state in US?

The cheapest state to live in in the United States is Mississippi. This state has a low cost of living, with housing and transportation costs being particularly affordable. Additionally, Mississippi has no state income tax, which can save residents a significant amount of money. The median home price in Mississippi is $149,000, which is well below the national average of $295,000. The median rent in Mississippi is $770, which is also lower than the national average of $1,062.