South Carolina One of the Cheapest States to Live in for 2022
Broke as a joke? If you’re moving to South Carolina soon, your pockets just might thank you! South Carolina has been named in the top 10 cheapest states to live…
A welcome sign at the South Carolina state line.
wellesenterprises/Getty ImagesBroke as a joke? If you're moving to South Carolina soon, your pockets just might thank you! South Carolina has been named in the top 10 cheapest states to live in for 2022. States throughout the country have various costs of living, but some are just outright ridiculous. With thousands in rent, million-dollar homes, and high gas it can get crazy. Maybe the best option would be to move to a much better state where it's more affordable to live.
Home Snacks conducted a study to determine the cheapest state to live in America for 2022. MIT’s Living Wage data helps determine which states are the most affordable for Americans right now. They took into consideration things such as housing, milk, utilities, and gas in each state to determine the cheapest. Cheapest does not mean you don't need any money, just a lot less money than in places like New York City or Los Angeles. South Carolina made the top 10 and being born and raised there I can understand why. Shout out to the Carolinas! Check out where South Carolina falls and what other states are the cheapest to live in.
10. Utah
- Cost of living 5.5% lower than US average
- Average home value $300,000
- Living Wage: $84,823
9. Oklahoma
- Cost of living 6.1% lower than US average
- Living Wage: $84,290
- Average rent: $1,000
8. Kentucky
- Housing costs third lowest in the nation
- Living Wage: $83,862
- Average rent: $1,100
7. South Carolina
- Average home cost: $250,000
- Living Wage: $83,827
- Average rent: $1,350
6. South Dakota
- Housing and food will cost you about $1,300 a month
- Living Wage: $83,274
- Average rent: $1,175
5. Arkansas
- Second lowest salaries in America
- Living Wage: $82,857
- Average rent: $1,050
4. Indiana
- Living wage for comfortable living is about $52,000 a year
- Living Wage: $81,321 (avg.)
- Average rent: $1,050
3. Alabama
- Higher taxes medical care
- Living Wage: $80,777
- Average rent: $1,050
2. Mississippi
- Cheaper food, child care, and health care
- Living Wage: $80,523
- Average rent: $1,050
1. Tennessee
- Everywhere except for Nashville
- Living Wage: $78,800
- Average rent: $1,375 (including Nashville)
- Mortgages can be as low as $800
