Cheapest States to Live in 2026
Data: 2026-Q2 · BLS · HUD · KFFThese 10 states have the lowest cost of living index in the nation. Lower everyday costs mean your salary stretches further — though local wages and job markets vary.
1. Mississippi Rent $1,400/mo COL 83 2. West Virginia Rent $1,100/mo COL 83 3. Arkansas Rent $1,400/mo COL 85 4. Alabama Rent $1,495/mo COL 87 5. Kansas Rent $1,300/mo COL 87 6. Indiana Rent $1,550/mo COL 88 7. Iowa Rent $1,325/mo COL 88 8. Kentucky Rent $1,275/mo COL 88 9. Missouri Rent $1,475/mo COL 88 10. Oklahoma Rent $1,350/mo COL 88
Source: C2ER Cost of Living Index, HUD FY2026 FMR, Tax Foundation 2025.