Mississippi Mississippi has the lowest cost out of living of all 50 states. Mississippi’s cost of living index is 84.8. At a housing index of 66.7, Mississippi has the lowest housing costs in the country, with the average home price at $128,000 ad the average rent for a two-bedroom apartment at $795 per month.
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Is Mississippi cheap?
Mississippi
The cheapest state to live in in the United States is Mississippi. Overall, Mississippi’s average cost of living is about 15% lower than the national average cost of living. Mississippi’s living wage is only $48,537 and has the cheapest personal necessities anywhere in the country.
How much does Mississippi cost?
Mississippi State cost of living is 101.7
| COST OF LIVING | Mississippi State | Mississippi |
|---|---|---|
| Grocery | 102.3 | 94.9 |
| Health | 97.2 | 101.4 |
| Housing | 130.6 | 55.6 |
| Median Home Cost | $310,200 | $141,900 |
Why is Mississippi cost of living so low?
Land availability, low rent prices and access to the Gulf and highways for shipping make Mississippi the least expensive place to live in the U.S., Cole said. According to Cole, rent prices in Mississippi are 37 percent lower than the other 49 states.
How much does it cost to live in Mississippi per month?
Mississippi Housing Costs
The typical renter in Mississippi spends $762 a month on housing, $261 less than the $1,023 national median monthly rent. Monthly rent for a one-bedroom in the state is $600, while the typical rent for a unit with five or more bedrooms is $899.
Why is Mississippi ranked so poorly?
WalletHub’s “2016 State’s with Best and Worse Economies” report ranked Mississippi 51st in overall, due to the state’s low GDP, low median annual household income and high unemployment rate.
Where can you live for 500 a month?
5 Places to Retire for Under $500 per Month
- Leon, Nicaragua.
- Medellin, Colombia.
- Las Tablas, Panama.
- Chiang Mai, Thailand.
- Languedoc-Roussillon, France.
- Kathleen Peddicord is the founder of the Live and Invest Overseas publishing group.
Is Mississippi good place to live?
Mississippi is a wonderful place to live. The state is filled with amazing cities that have topped national lists for things like livability, safety, job growth, and more.From beautiful scenery to amenities that can’t be beat, here are some of the best places to reside in Mississippi.
What is the most expensive state to live in?
Hawaii
There may be no more breathtaking a place than the Aloha State, but prices in Hawaii, America’s most expensive state, will take your breath away, too.
How much does it cost to live in Jackson Mississippi?
Jackson cost of living is 82.3
| COST OF LIVING | Jackson | Mississippi |
|---|---|---|
| Median Home Cost | $169,200 | $141,900 |
| Utilities | 92.4 | 97.1 |
| Transportation | 83.6 | 83.4 |
| Miscellaneous | 95.3 | 93.1 |
Is Mississippi Safe?
Mississippi’s rise in violent crimes over the last year tracks with increased reports of gun violence from our survey respondents. Overall, a slim majority of respondents say they feel safe in their home state, which is among the bottom third of US states with the lowest violent crime rates.
What is the cheapest state to buy a house?
- Mississippi. Mississippi is the cheapest state to buy a home in with a median home value of $114,500.
- West Virginia. West Virginia is the second-cheapest state to buy a home.
- Arkansas. Arkansas’s median home value is about $123,300, the third-lowest in the country.
- Oklahoma.
- Kentucky.
- Indiana.
- Alabama.
- Ohio.
What are the bad things about Mississippi?
The study noted four key factors in Mississippi’s rank as the worst state in the nation:
- 10-year population growth: 6.0 percent (13th lowest)
- Unemployment rate: 7.8 percent (highest)
- Poverty rate: 21.5 percent (highest)
- Life expectancy at birth: 75 years (the lowest)
What states have the cheapest apartments?
States With the Most Affordable Housing
- Ohio.
- Indiana.
- Pennsylvania.
- Nebraska.
- North Dakota.
- Oklahoma.
- West Virginia.
- Michigan.
Why is Hawaii so expensive?
So, why the high cost? The high cost of living in Hawaii has many reasons, but the short answer is the fact that we’re surrounded by water. Nearly everything we consume has to be shipped here or flown. Hawaii is also a desirable place for the rich to buy property, which continues to drive up housing costs.
Where is the lowest cost of living in the US?
Here are the 10 most affordable states in the U.S.:
- Indiana. Average cost of living index: 90.57.
- Michigan. Average cost of living index: 90.40.
- Missouri. Average cost of living index: 89.75.
- Tennessee. Average cost of living index: 89.49.
- Georgia. Average cost of living index: 89.30.
- Arkansas.
- Alabama.
- Oklahoma.
What is Mississippi worst at?
Following Louisiana is Alabama, ranking 50th for Education, and Mississippi, ranking 50th for healthcare. According to U.S. News & World Report, the ten worst U.S. states are: Louisiana. Alabama.
Worst States To Live in 2021.
| State | Mississippi |
|---|---|
| Crime | 26 |
| Economy | 48 |
| Healthcare | 50 |
| Education | 46 |
What is the racial makeup of Mississippi?
Mississippi Demographics
White: 58.41% Black or African American: 37.72% Two or more races: 1.35%
Is Mississippi good at anything?
There’s no denying it; Mississippi is the place to go for the BEST seafood, barbecue, fried food, slugburgers, tamales, and, of course, good ole southern comfort food. Next time you’re relaxing on a comfy sofa just remember, Mississippi is the nation’s largest producer of upholstered furniture.
Where can I live for free in Canada?
Although there are no current updates on these locations, these 9 Canadian towns may still be giving away land for free or for cheap:
- Mundare, Alberta.
- Pipestone, Manitoba.
- Scarth, Manitoba.
- South Knowlesville, New Brunswick.
- Saint-Louis-de-Blandford, Quebec.
- Craik, Saskatchewan.
- Cupar, Saskatchewan.
- Crown Lands, Yukon.
Where is the cheapest and nicest place to live?
Here are the top 10 most affordable cities to live in the U.S., according to the Council for Community and Economic Research’s Cost of Living report.
- Cedar Park, Texas.
- Midland, Texas.
- Ogden, Utah.
- Raleigh, North Carolina.
- Provo, Utah.
- Des Moines, Iowa.
- Austin, Texas.
- Minneapolis, Minnesota.
