Top 10 most affordable states, ranked by cost of living

Average cost of living index: 90.57
Median household income: $57,603
Average home price: $286,833
You can get milk for about a buck 50 in Indiana, and eggs for just over a dollar.

Average cost of living index: 90.40
Median household income: $59,584
Average home price: $283,548
Michiganders tend to be devoted to their home state, and it’s no wonder considering it ranks among the most affordable states.

Average cost of living index: 89.75
Median household income: $57,409
Average home price: $284,492
Missouri is known as the “Show Me State” for its abundance of common sense folks, but we think it refers to them showing off their easy way of life to people in more expensive states.

Average cost of living index: 89.49
Median household income: $56,071
Average home price: $307,432
While homes might be a little more expensive in Tennessee, the overall cost of living is good in the “Volunteer State.”

Average cost of living index: 89.30
Median household income: $61,980
Average home price: $264,085
Georgia actually ranks second highest for median income among the cheapest states, so you can make money even as you save money.

Average cost of living index: 89.16
Median household income: $48,952
Average home price: $314,486
Arkansas ranks among the middle of the group, but if you cut off the first two letters and a few points from its score, you arrive at its near-neighbor further down the list.

Average cost of living index: 88.80
Median household income: $51,734
Average home price: $269,453
Deep in the heart of Dixie you’ll find some low, low prices.

Average cost of living index: 88.09
Median household income: $54,449
Average home price: $285,750
The average home goes for just over 285 grand in Oklahoma, a bargain considering all the money you save elsewhere in the state.

Average cost of living index: 86.67
Median household income: $62,087
Average home price: $272,626
The middle of the country, but not the middle of the pack, Kansas ranks second among cheapest spots in the U.S.

Average cost of living index: 84.10
Median household income: $45,792
Average home price: $252,725
You love to spell it in your head and you’ll love to live there too if you care about your wallet. Relatively low home prices go well with cheap groceries.