#1 Best for Budgeting! Mississippi

Considered the best state for people on a budget, Mississippi lives up to its reputation and can boast about the lowest annual cost of all the states on our list! Not only that, but truly, there are no better numbers across the board, so even if the spelling may give some of us a headache, the cost of living in this beautiful state will not!

With an average of $39,633 spent each year, you will have a problem finding someplace that’s more budget-friendly! What’s more, people only pay around $6,500 for housing costs, with only $3,400 being used for utilities!

If money is not something you actively worry about, maybe you are interested to know where the happiest retirees live! Read all about the towns where they are currently living here!