Top 10 Cheapest States To Live In 2024. Cost of living means exactly what it sounds like—it’s the amount it costs to live somewhere! The cost of living index compares the prices of goods and services across states, using the national average as a baseline of 100.
What about the cheapest places to live? Household spends $2,126 a month on the 10 most common household bills, or $25,513 annually.
