Which state has the lowest cost of living in the United States?

Mississippi
Mississippi Mississippi has the lowest cost out of living of all 50 states. Mississippi’s cost of living index is 84.8. At a housing index of 66.7, Mississippi has the lowest housing costs in the country, with the average home price at $128,000 ad the average rent for a two-bedroom apartment at $795 per month.

Where is rent most expensive in the US?

New York just surpassed San Francisco as the most expensive rental market in the U.S.

• New York City is now the most expensive rental market in the nation, finally surpassing San Francisco.
• The median rent for a one-bedroom apartment in New York City is now $2,810, and in San Francisco it is $2,800.

What is the average cost of rent in the United States?

Overall, the average rent price in the United States is $1,249. Most Expensive State for Rent in the US California is the most expensive state to rent, with an average rent of $1,901, outpacing the runner-up, Hawaii, by nearly $200. Most Expensive City for Rent in the US

Why are rent prices increasing in most states?

Housing costs vary from state to state, and it seems as though rent prices all across the United States are increasing. That’s because, in most states, it is. The U.S. rental market has seen an increase in the demand for apartment house rentals.

What is the most expensive state to live in for rent?

California is the most expensive state to rent, with an average rent of $1,901, outpacing the runner-up, Hawaii, by nearly $200. Most Expensive City for Rent in the US Los Angeles is the most expensive city in the United States for rent, with the average rent price of $2,600.

Are red or blue states more affordable for renters?

On the margin, however, the data does suggest that red states are more affordable – for example, Utah renters do better than Colorado, and Ohio better than Michigan. Also, rents are increasing more quickly in blue states – they rose by 20\% from 2007-2014, and only 17\% in red states.