States With Lowest Cost Of Living 2024 Per Month. If you want to move to an affordable area of the u.s., these are the 10 states with the lowest cost of living as of 2022. Smartasset applied the 50/30/20 budget to cost data in each state to determine the income a single adult and family need to live comfortably.

See the best states for a detailed look at the data behind the analysis. According to the missouri economic research and information center, the lowest overall costs of living were found in mississippi, oklahoma, kansas, alabama, and west.