6 States With Low Cost of Living and High Quality of Life (Map)

Finding states with low cost of living and high quality of life is the dream for many seeking financial freedom and comfort. You have one of the most important financial and lifestyle choices you will make when it comes to finding a home. Most of us look for a good compromise between affordability and quality of life — a compromise that will let your paycheck grow, without having to forgo necessities such as health care, education, safety, or leisure. 

States with low cost of living and high quality of life offer the perfect blend of affordability and happiness. At the same time some states have low cost of living, but may be lacking in amenities or opportunities; others with high quality of life are prohibitively expensive.

This piece focuses on states that hit the perfect balance of low living costs and high living standards. If you are moving for work, retirement, or for your family, these factors will assist you in making an informed decision.

Defining “Low Cost of Living and Excellent Quality of Life”

Living comfortably without breaking the bank is possible in states with low cost of living and high quality of life. The Low Cost of Living is a measurement of the price at which basic necessities like housing, transport, food, electricity and healthcare are paid. States with low cost of living and high quality of life have lower median home prices, rents, and taxes than the national average. Such states help citizens to have a comfortable life, without clogging their pockets.

High Quality of Life encompasses aspects of life that enhance daily life, other than economic security. This includes excellent healthcare and education, low crime rates, ample recreational space, and a positive community. Climate, infrastructure, and opportunities for work also contribute to the quality of a state’s life.

Explore states with low cost of living and high quality of life to maximize your lifestyle while minimizing expenses.

An optimal state between these two factors involves measuring things such as house prices, median income, healthcare rankings, education and lifestyle amenities. For families, professionals, and retirees alike, states with low cost of living and high quality of life provide incredible opportunities.

Here, we’ll look at states that do the best on affordability and livability to make sure you find your ideal match.

Top 6 States With Low Cost of Living and High Quality of Life

There are a few US states that are the best in both affordability and habitability. These are some of the best, based on housing, health care, schooling, entertainment and safety. Choosing states with low cost of living and high quality of life ensures your income goes further while enjoying a great lifestyle.

1. Tennessee  

States with low cost of living and high quality of life are becoming popular choices for those seeking balance and savings. Tennessee is a state with affordable housing, but not everyone has this advantage. Average home prices are a few cents lower than average and the property tax rate is among the lowest in the country. 

The State Income Tax is zero and makes it the perfect place for retirees and professionals. There’s also the pleasant weather, great cities like Nashville and Chattanooga, and access to the Great Smoky Mountains for outdoor adventurers. 

2. Texas  

Texas is a state that has both an economic boom and a decent life. Cost of housing is not that expensive when compared to other states, and there’s no state income tax to make it more affordable. Relocate smartly by discovering states with low cost of living and high quality of life that match your needs. There are great job opportunities in fields such as energy, technology, and healthcare in Texas that can be an excellent option for college students. 

It’s not only the cultural richness of the state, from Austin’s music scene to Houston’s museums, that makes it so attractive. 

3. Arkansas  

States with low cost of living and high quality of life are ideal for achieving financial and personal goals. Arkansas has the most affordable state in the country — cost-of-living index well below average. The state has low housing prices and great nature with Hot Springs National Park and the Ozark Mountains. 

Its residential quiet neighbourhoods for families offer access to good medical care and recreation. 

4. Iowa  

Iowa has a very good education, decent housing and no crime. It has a cost of living far below the national average, and it is a quiet and safe place for families. Retirees are flocking to states with low cost of living and high quality of life to stretch their retirement savings.

Des Moines, for example, offers medical jobs, education and finance careers, and the state’s rural beauty offers a sense of home. 

5. North Carolina  

States with low cost of living and high quality of life often have hidden gems worth exploring. North Carolina is affordable, as well as cultural and recreational. Prices are a steal and the state offers urban appeal in Raleigh and Charlotte, and rural gems such as the Blue Ridge Mountains and Outer Banks. Mild weather and an enviable job market (both tech and medical), makes it a prime option for families and workers. 

6. Missouri  

Missouri has some of the cheapest housing in the country and also very low utility and transportation costs. The state is situated in the heart of major metropolitan centres and places such as Kansas City and St Louis have thriving arts scenes. Missouri has great state parks and is also family friendly. Enjoy a fulfilling lifestyle in states with low cost of living and high quality of life that cater to diverse needs.

These states are masters at providing a full life without the expense.  

State Cost of Living and Quality Metrics

Affordable housing and excellent healthcare define states with low cost of living and high quality of life.

Read more: Minimum Wages by State for 2025

More people are considering states with low cost of living and high quality of life for their next big move.

Average Household Income vs. Expenses by State 

The search for financial stability leads many to states with low cost of living and high quality of life.

States with low cost of living and high quality of life make it easier to save, invest, and enjoy life.

Factors Considered for Ranking States

Your ideal home might just be in one of the states with low cost of living and high quality of life. In assessing low-cost, high-quality states, various factors are taken into account to determine affordability and livability. These standards ensure that each state has an accurate view of what is available to its citizens.

• Housing Affordability

Financial freedom starts with finding states with low cost of living and high quality of life. Most families spend most of their income on housing. Affordability ranks higher in the affordable-homes or rental-advantage states. It also includes taxes and availability of diverse housing options from city apartments to suburbs.

• Healthcare Quality

High-quality, affordable health care is a vital element of a good life. Rankings are driven by a variety of factors including healthcare facilities, cost of insurance, and healthcare delivery in each state.

• Education System

States with robust public schools and affordable university opportunities are higher. High-quality education is of particular importance to relocated families, because it directly impacts children’s opportunities and the wellbeing of communities.

• Job Opportunities and Median Income

Many states with low cost of living and high quality of life feature excellent job opportunities and amenities. It’s vital to have economic stability for an environmentally sound lifestyle. Lower unemployment, a strong economy, and median incomes above or at the cost of living index make them more attractive to employed people and families.

• Recreational and Cultural Amenities

The key to a balanced lifestyle lies in choosing states with low cost of living and high quality of life. Happiness isn’t just about work and family. States with a healthy supply of outdoor recreation, parks, cultural events and recreational activities rank better on the liveability scale. Good weather and the opportunity to enjoy nature can add tremendous value to daily life.

• Safety and Crime Rates

Lower crime rates foster a sense of safety and community health. States that prioritize public safety and experience lower rates of violent and property crime are at the top of the quality-of-life list.

• Transportation and Infrastructure

The availability of efficient transportation infrastructure, healthy roads and public transport makes states more hospitable. Cheap transportation options also ease the financial burden on locals. Optimize your expenses and lifestyle by moving to states with low cost of living and high quality of life. 

Analysing these, we’ll reveal the states that rank best for affordability and living standards, so you can confidently choose your next steps. The following section will explore the states that satisfy these criteria.

Pros & Cons of Living in Affordable States

Everyone thinks that states with low cost of living and high quality of life offer a winning formula for families and individuals. There are advantages & disadvantages to living in cheap and high-quality states. Here’s a closer look at both sides for you to make your choice. 

Pros  

• Lower Financial Stress  
• Affordable rent, food and utility costs puts less stress on your monthly budget, leaving you more free to save or spend at discretion. 
• Opportunities for Financial Growth  
• When you have a lower cost of living, you can invest or invest in your pension, or start your own business. 
• Family-Friendly Environment  
• Cheap states tend to have more peaceful neighbourhoods that are perfect for raising families. The proximity to parks, playgrounds and schools also make the appeal. 
• Improved Work-Life Balance  
• Lower prices also reduce your ability to multi-task, giving you more time for hobbies, family or fun. 

Cons  

• Limited Access to Big-City Amenities  
• Cheaper states might lack the cultural, entertainment or employment facilities of larger metropolitan centres. 
• Find out how your career is growing and how much you make in the state. 
• Job opportunities should align with your skill set, especially if you live in a rural or small town. 
• Adapt Climate and Lifestyle to Your Taste
• Weather: Select a state that has the weather you like — mild winters, sunny days, or colder temperatures. 
• Sporting Activities: If you like to do things outdoors, look for states where you can do activities such as hiking, beaches, or parks. 
• Cultural Scene: Review the accessibility of arts, dining, sports and entertainment venues. 

Think About Long-Term Plans  

• Family Requirements: If you’re planning on raising a family, stick with states that have good schools, family friendly neighborhoods, and low crime. 
• Retires: For pensioners, consider states that have lower health care costs, slower pace of life, and seniors’ tax breaks. 
• Distance From Family and Friends: Getting closer or farther from friends and family members is one of the most powerful factors for happiness. 

Test Before Committing  

Starting fresh in states with low cost of living and high quality of life that prioritize affordability and comfort sounds good. Anyway, get some time in the state, if you can, before making it permanent. Rentals and long-term stays can provide you with a feel for the lifestyle, cost and vibe. 

Meet with locals or groups online to learn more about the area. 

After thoughtfully evaluating these, you’ll know whether a given state suits your personal and financial needs. Feel free to add any extra tools or resources to help make decisions, please! 

Your Questions Answered  

Which State Has The Cheapest Prices And The Best Life? 

Many states are a mix of affordability and livability, though the states Tennessee, Texas, and Iowa are typically touted for housing affordability, access to medical care, and family-friendly amenities. 

Are Low-cost-of-living States Good For Boomers? 

Yes, cheap states such as Arkansas and Missouri have low housing prices and slower paces of life, which makes them great places for retirees. Some states also provide tax incentives for senior citizens. 

Are There Cheapest States With Good Jobs? 

Texas and North Carolina stand out with low living costs and vibrant job markets in the areas of healthcare, tech, and energy. 

Affordable States Make Tradeoffs on Healthcare or Education? 

Not necessarily.  While some states may fall behind the national average, states such as Iowa and North Carolina are able to combine affordability with quality healthcare and education. 

How Can I Choose The Right State? 

You need to take into account your needs (work, family, climate, amenities) and your budget. Compasses such as cost-of-living calculators can assist you in making your choice.