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The median home value in the Hospitality State is 128600 and the average monthly rent for a one-bedroom apartment is 612 which is over 315 less than the national average.
What state has cheapest houses. Every one of these places has median home prices well below the 295000 national medianand some only a fraction of that. Iowa 3 Cheapest State. West Virginia 5 Cheapest State.
The cheapest state to buy a home in is once again West Virginia. Waterloo Sioux City Davenport Council Bluffs. The state offers over 50 colleges and universities and is known for its great sense of community.
Like many southern states the minimum wage is one of the lowest in the country at the federal minimum of 725 an hour making housing especially hard to secure for low-wage workers. In fourth place we have West Virginia. While Oklahoma doesnt have the warm beaches many retirees dream of calling home it does have affordable homes and low monthly home owner costs.
Mississippi has the lowest cost out of living of all 50 states. Michigan has the countrys fifth-lowest cost of living according to the 2019 Best States rankings. Wisconsin 8 Cheapest State.
Missouri 9 Cheapest State. Median home value of 247084. Indiana 2 Cheapest State.
Wyoming 7 Cheapest State. The average home in West Virginia has a value of just 107064. Mississippi is the tenth cheapest state for renting housing in the country.
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