Florida is not one of the cheapest states to live in. There are some states that have a reasonable cost of living. A website by the name of financer.com did a study to find which states are the cheapest to live in.
The average cost of living takes food, shelter, clothing, utilities, transport, healthcare, public education, and taxes into consideration. They have a cost of living index and the average is 100. Any state that below 100 is below the national average for the cost of living.
They say of their website, “Smaller cities or towns can still offer an excellent education, healthcare, and community spirit, along with an increase in your quality of living. Less traffic, more clean air, cheaper housing, and even fewer taxes in some states are a drawcard. Living in a state where there is a lower living wage will allow more of your income to become available for investment. Over time this will enable you to gain more financial freedom and build financial peace.”
Check out the cheapest states to live in below.
