Are you bored with living paycheck to paycheck? You are probably wondering, “What are the most affordable states to live in on the East Coast?” Well, you have come to the best place.
We’ll explore the most affordable states on the East Coast, detailing how each balances a lower cost of living with a satisfying lifestyle. Let’s take a more in-depth look.
1. Georgia
The fee of living in Georgia is 11.4% lower than the national average. Although Atlanta has a rather higher cost of living, there are various reasonably priced areas in Georgia that provide economical living opportunities.
The typical home price here is $385,000 and the common household income is around $65,030. While Georgia will not be widely known for its beaches, it does have some reasonably priced beaches, and the larger coastal city of Savannah is a really perfect place to live, combining beach access with urban amenities.
2. West Virginia
In West Virginia, where the price of living is about 10% lower than the U.S. average, a notable feature is reasonably priced housing, which is reflected within the median home price of $221,975.
In case you enjoy nature and adventure, West Virginia, with its wealthy mining history, will likely be perfect for you because it is a hub for a wide range of outdoor activities.
3. Tennessee
Tennessee, with a price of living 9.6% below the national average, offers greater than only a famous musical heritage and a vibrant culinary scene in cities like Memphis and Nashville.
Don’t miss: 8 Pros and Cons of Living in Nashville
Discover: The ten richest neighborhoods in Memphis
The state also has many small towns which can be perfect for family life. Although the median home price of $419,950 is barely higher than the U.S. average, Tennessee makes up for this with lower expenses in other areas, providing families with a balance of cultural richness and affordability.
4. Alabama
The fee of living in Alabama is roughly 12.1% lower than the US average. The state is a middle for various industries, including steel production and space exploration.
The median home price here is $311,083, and if you happen to’re trying to retire, it’s an amazing condition. There are many reasonably priced beach spots in Alabama, and a $1 million pension will last you 24 years.
5. Mississippi
As essentially the most economical state within the US, Mississippi has a price of living that’s 15.6% lower than the national average. With a median home price of $274,750, that is a lovely option if you happen to’re in search of affordability. Mississippi can be recognized for its contributions to American music and cuisine.
Regardless that it is the poorest state in all the United States, you will be surprised to search out that Mississippi is home to many affluent cities where many households earn well over $100,000.
Try: 9 Pros and Cons of Living in Gulfport, MS
6. North Carolina
With a price of living 6% below the national average, North Carolina offers reasonably priced living options.
The state is thought for its technology and education sectors and offers reasonably priced housing. Coastal areas just like the Outer Banks and Wilmington offer beach living at a lower cost.
7. South Carolina
The fee of living in South Carolina is 6% below the national average. The state is thought for its reasonably priced beach towns, akin to Myrtle Beach and Charleston, which supply seaside attractions at lower costs than typically present in similar locations.