Cheapest States To Live In The Us 2024 Usa. Us news ranks the states with the best economic affordability, based on the cost of living and housing affordability. Cost of living means exactly what it sounds like—it’s the amount it costs to live.

A good metric for determining an affordable retirement destination is poverty. This pattern might be linked to several factors, including higher property and living costs, lucrative job markets, economic opportunities, and denser populations.