Cheapest States To Live In 2024 Ranked By Income. Discover all the cheapest states to live in with this forbes home guide Itโs followed by montana ($9,338), new mexico ($9,796), hawaii ($9,937), and idaho ($9,948):
Alabama is currently the #1 cheapest state to live in for 2024 with an average home value of $216,564, cheapest homes rank of #10/50, overall affordability rank of #1/50, and total tax burden rank of #12/50. In addition, mcallen consistently ranks as one of the safest cities in texas.