JACKSON, Miss. – The state of Mississippi has the lowest cost of living in the country but it also has the most number of people considered to be financially broke.
The average Income and taxes paid per capita is the lowest in the U.S. However, according to Business CheatSheet, the cost of healthcare is 9 percent lower than the U.S. average, transportation 5 percent lower, groceries 10 percent cheaper, utilities 13 percent lower and housing almost 1/4 the U.S average.
The average rent payment across the state is about $875.
The top ten states with the lowest cost of living are:
1. Mississippi
2. Tennessee
3. Kentucky
4. Oklahoma
5. Indiana
6. Kansas
7. Nebraska
8. Alabama
9. Iowa
10. Arkansas
