Cheapest States To Live In Usa 2024 Cheapest. Housing prices in oklahoma are the fifth lowest in the country, 25% cheaper. Alabama is currently the #1 cheapest state to live in for 2024 with an average home value of $216,564, cheapest homes rank of #10/50, overall affordability rank of #1/50, and total tax burden rank of #12/50.

Rocket mortgage collected and analyzed the most recent data on 12 key local and statewide metrics to give us insight into the cheapest cities to live in the us. 12 cheapest states to live in for 2024.