What state has the lowest cost of living 2022?

In 2022, Mississippi consistently ranked as the state with the lowest cost of living, primarily due to extremely low housing, grocery, and transportation expenses, followed closely by states like Arkansas, West Virginia, Oklahoma, and Alabama, which all feature costs well below the national average.

Which US state has the lowest cost of living?

• Arkansas. #1 in Cost of Living. #44 in Best States Overall. ...
• Mississippi. #2 in Cost of Living. #48 in Best States Overall. ...
• South Dakota. #3 in Cost of Living. ...
• Oklahoma. #4 in Cost of Living. ...
• Louisiana. #5 in Cost of Living. ...
• North Dakota. #6 in Cost of Living. ...
• Iowa. #7 in Cost of Living. ...
• West Virginia. #8 in Cost of Living.

What is the cheapest but safest state to live in?

For the best combination of cheap and safe, consider states like Iowa, Kansas, Mississippi, West Virginia, and Arkansas, which consistently rank high in affordability (low housing, groceries, overall cost of living) while also offering manageable safety, with Vermont and New Hampshire often topping pure safety lists, though they are pricier. The ideal balance depends on whether you prioritize the lowest cost (Mississippi) or strong safety (Vermont), with Midwestern/Southern states generally offering lower expenses and Northern/New England states often leading in safety metrics. 

What state has the worst cost of living?

The worst state for cost of living is consistently Hawaii, followed by high-cost states like California, Massachusetts, and New Jersey, due to extremely high housing, grocery, and utility expenses driven by isolation, import reliance, and high demand, making it difficult to save money even with decent incomes. 

What state has the lowest taxes and cost of living?

States with the lightest tax burden:

• Alaska: 4.9%
• Wyoming: 5.8%
• New Hampshire: 5.9%
• Tennessee: 6.4%
• Florida: 6.5%
• Delaware: 6.5%
• South Dakota: 6.5%
• North Dakota: 6.6%

States With The Lowest Cost Of Living Index, Grocery, Housing, Utilities, And Transportation Index

How much an hour is $70,000 a year after taxes?

Quick Answer: $33.65 Per Hour

A $70,000 annual salary equals $33.65 per hour in California before taxes. After federal and state deductions, your take-home pay ranges from $43,500 to $52,000 annually ($3,625-$4,333 monthly).

What state is #1 in poverty?

Mississippi consistently ranks as the U.S. state with the highest poverty rate, often followed closely by states like Louisiana, New Mexico, West Virginia, and Kentucky, though rankings shift slightly by year and data source (Official vs. Supplemental Poverty Measure). Mississippi struggles with low median incomes, low educational attainment, and high rates of child poverty, making it the poorest state by several metrics, according to World Population Review and other sources.
 

Is it cheaper to rent or buy?

In many U.S. cities, renting is the smarter financial choice as homeownership costs far exceed long-term rental expenses. Many of these cities are in California, where high home prices and property taxes make renting more practical.

Which states are most affordable to retire in?

Mississippi ranks as a top state for retirees, given its combined monthly housing, food, and transportation costs. Virginia, meanwhile, offers a low monthly cost of living with high average annual retirement incomes. Other top states for stretching retirement dollars include New Mexico, Arizona, Georgia, and Texas.

What is the happiest state to live in?

According to WalletHub's 2025 study, Hawaii is the happiest state in the U.S., ranking first for its strong emotional/physical well-being, work environment, and community/environment factors, with residents showing high life satisfaction, low depression, and long life expectancy, followed by Maryland and Nebraska in the top three. 

What state has the cheapest rent?

West Virginia consistently ranks as the state with the cheapest rent in the U.S., followed closely by states like Mississippi, Arkansas, South Dakota, and Kentucky, with Oklahoma also often appearing on the most affordable lists, though prices can vary by data source and specific city. These states offer significantly lower average rental costs, sometimes with median prices below $900 for various apartment sizes. 

What is the #1 crime state in America?

Alaska consistently ranks as the state with the highest violent crime rate, followed closely by New Mexico, with Tennessee and Arkansas also having very high rates, according to 2024 data from sources like USAFacts and WorldAtlas. These figures reflect crimes per 100,000 residents, showing Alaska at over 724 incidents, significantly above the national average. 

Where is the cheapest but nicest place to live in the US?

The cheapest, best places to live in the U.S. often involve the Midwest and South, with cities like Wichita (KS), Fort Wayne (IN), Dayton (OH), and Knoxville (TN) offering low housing costs and good value, while states like West Virginia, Mississippi, and Oklahoma consistently rank as most affordable overall. Key factors are low housing prices and a cost of living significantly below the national average, with some top contenders being Decatur (IL), Enid (OK), and Brownsville (TX), but "best" depends on balancing budget with lifestyle needs like jobs, culture, and amenities. 

What state has the friendliest people?

While subjective, studies and surveys consistently rank Minnesota, Tennessee, and South Carolina as some of the friendliest U.S. states, often followed by Texas and Wyoming, with general "Southern hospitality" and Midwest politeness often cited, though perceptions of "niceness" (like Minnesota's reserved style) can vary.
 

Which states have no state income tax?

As of 2025, there are nine states that don't collect any state income tax: Alaska, Florida, Nevada, South Dakota, New Hampshire, Tennessee, Texas, Washington, and Wyoming.

Can I afford $1000 rent making $20 an hour?

*“If you're earning $20 an hour, you might be wondering — can I really afford $1,000 rent? 🤔 You're bringing in about $3,200 before taxes, and experts suggest keeping rent near 30% of your income — that's roughly $960. So yes, $1,000 rent is doable… but it's tight with other bills.

What salary do you need for a $400,000 mortgage?

To afford a $400,000 mortgage, you generally need an annual income between $100,000 and $135,000, but this varies significantly with your down payment, interest rate, and debts; a larger down payment (like 20%) lowers required income to around $100k, while less (5-10%) pushes it closer to $130k-$145k, with lenders looking for housing costs under 28-36% of gross income.
 

What is the 5 rule rent vs buy?

Other financial considerations, like the 5% rule

Multiply the value of the property by 5% and then divide it by 12. This will give you your total monthly payment amount. If this costs less than renting, purchasing a home may be the better deal.

Is $40,000 a year considered poverty?

Whether $40,000 a year is considered poverty depends heavily on your household size and location, but generally, it's well above the official poverty line for individuals and small families but can feel like poverty in high-cost areas or for larger families, as it's often considered lower-middle class, not poverty. For a single person in the contiguous U.S. in 2025, the poverty guideline is about $15,650; for a family of four, it's around $32,150, meaning $40k is above poverty, but proximity to the poverty line for larger families or high-cost states (AK/HI) makes it much tighter, with some federal programs using 130-200% of FPL to define "low income". 

What is the wealthiest state in the USA?

The richest U.S. state depends on the metric, but Massachusetts often leads in income (median household, per capita) due to its tech/finance/biotech sectors, while California boasts the largest total economy (GDP) and most millionaires, and Washington and New York also rank high in various wealth indicators like GDP per capita, fueled by tech and finance. 

Which city is the poorest in the USA?

There isn't one single "poorest city" as it depends on the metric (income, poverty rate, population size), but Detroit, Michigan, consistently ranks among the poorest due to high poverty and unemployment following deindustrialization, while Gainesville, Florida, sometimes tops lists for overall poverty rates in smaller cities, and Houston, Texas, recently had the highest poverty rate among America's largest cities, notes. Other cities frequently cited for high poverty include Cleveland, Dayton (OH), Jackson (MS), and Springfield (MA).
 

What is $90,000 a year hourly?

$90,000 a year is approximately $43.27 per hour, based on a standard 40-hour workweek (2,080 hours per year). To get this, you divide your annual salary by the total working hours: $90,000 / 2,080 = $43.27. 

What salary do I need to buy a house?

Massachusetts: $215,696 (annual median income required) California: $210,557. New York: $189,207.

What is $40 an hour annually?

$40 an hour is $83,200 annually, assuming a standard 40-hour work week (40 hours/week x 52 weeks/year). This breaks down to about $1,600 weekly, roughly $6,933 monthly, and $320 daily, before taxes and deductions.