7.
The city with the lowest cost of living index for 2022 was St. Louis, with an index of 85.0. The city with the highest cost of living was Columbia, with an index of 95.2.
2022 First Quarter Cost of Living.
| Rank | 1 | 7 |
|---|---|---|
| State | Mississippi | Indiana |
| Index | 83.1 | 89.2 |
| Grocery | 92.3 | 93.4 |
| Housing | 63.8 | 75.9 |
Is Indiana an expensive state to live in?
Indiana is the tenth-cheapest state to live in the United States. Average costs are 10% lower than the national average, and costs in all categories are below the national average. Housing in Indiana is the eighth cheapest in the United States.
What are the top 10 states for cost of living?
Here are the 10 states with the highest cost index:
- California (142.2)
- Massachusetts (135)
- Oregon (130.1)
- Alaska (127.1)
- Maryland (124)
- Connecticut (121.6)
- Rhode Island (117.2)
- Vermont (117)
Is cost of living cheap in Indiana?
Indiana. With an overall cost of living index of 90.4, Indiana comes in at number ten for most affordable cost of living in the U.S, but that definitely doesn’t mean it’s expensive!
Which state has lowest cost of living?
Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.
What is the best state to live in financially?
Alaska is the top state for fiscal stability. It’s followed by South Dakota, Tennessee, Idaho and Utah to round out the top five. Half of the 10 states with the best fiscal stability also rank among the top 10 Best States overall.
Is it cheaper to live in Texas or Indiana?
Indiana is 4.7% cheaper than Texas.
What state is the most expensive to buy a house?
5 Most Expensive States to Buy a House
- Hawaii. Median Home Price: $615,300. Estimated Monthly Mortgage Payment: $2,923.36.
- 2. California. Median Home Price: $505,000. Estimated Monthly Mortgage Payment: $2,399.32.
- Oregon. Median Home Price: $312,200.
- Washington. Median Home Price: $339,000.
- Colorado. Median Home Price: $343,300.
Which state is expensive to live in USA?
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.
What is the most expensive state to live in 2022?
Hawaii
Missouri had the 12th lowest cost of living in the United States for the first quarter 2022. In general, the most expensive areas to live were Hawaii, Alaska, the Northeast, and the West Coast. The least expensive areas were the Midwest and Southern states.
How much money do you need to live comfortably in Indiana?
Typical Expenses
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Required annual income after taxes | $27,201 | $59,828 |
| Annual taxes | $5,643 | $12,410 |
| Required annual income before taxes | $32,844 | $72,238 |
What is the cheapest town to live in in Indiana?
Here are the top 10 cheapest places to live in Indiana:
- New Whiteland.
- Wabash.
- Rushville.
- North Vernon.
- Elwood.
- Princeton.
- North Manchester.
- Huntington.
Is Indiana a good state to live in?
Is Indiana a Good Place to Live? Indiana is one of the best states to live in because it boasts the lowest cost of living, low crime rates, and plenty of job opportunities with a growing automotive industry. As the state with the lowest cost of living, it also makes sense that it has incredibly affordable housing.
Which state has the cheapest food?
The most notable exception is New Hampshire, which, despite being an East Coast state, actually has the lowest food costs in the nation.
What is the cheapest major city to live in?
Most Affordable Major Cities in the U.S.
- Salt Lake City, Utah. Cost of living: 6% below U.S. average Median home price: $320,281.
- South Bend, Indiana. Cost of living: 8% below U.S. average Median home price: $314,035.
- Richmond, Virginia.
- Boise, Idaho.
- Birmingham, Alabama.
- Lawton, Oklahoma.
- Montgomery, Alabama.
- Des Moines, Iowa.
What is the happiest state to live in?
According to a study by Amerisleep, the happiest state is North Dakota (#1) followed by Vermont, Nebraska, South Dakota and California. The least happy states were Kentucky (#50) followed by West Virginia, Tennessee, Nevada and Ohio (see complete list below).
What is the #1 best state to live in?
Best States 2021
- #1. Washington.
- #2. Minnesota.
- #3. Utah.
- #4. New Hampshire.
- #5. Idaho.
What’s the worst state to live in?
tumbleweed. Arizona has the worst air quality in America (according to the American Lung Association), and Phoenix experiences a dangerous 39 high ozone days per year.
Here’s the complete list of top ten worst states to live in:
- Oklahoma.
- South Carolina.
- Missouri.
- Louisiana.
- New Mexico.
- Indiana.
- Tennessee.
- Nevada.
Is it cheaper to live in Indiana or Kentucky?
Indiana is 3.7% more expensive than Kentucky.
Is living in Indiana expensive?
According to the Bureau of Economic Analysis , the average cost of living in Indiana will run you around $38,097 per year.
Is it cheaper to live in Indiana or Michigan?
Indiana is 3.9% cheaper than Michigan.