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Wednesday, September 9, 2026·2026 Edition
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The TakeHomeTax

Cheapest States to Live In (2026)

States with the lowest cost of living index. Your dollar goes furthest here.

#1 State
Mississippi
$75,857 take-home
States Ranked
50
Median: North Carolina
Spread
$2,615
#1 vs #50 difference

Key Takeaways

Cost of living varies dramatically across states. Mississippi is the cheapest with an index of 83 (17% below the national average), while Hawaii is the most expensive listed here at 192. A $100K salary in Mississippi has the purchasing power of $91,394 elsewhere.

Low-cost states cluster in the South and Midwest. Mississippi, West Virginia, Arkansas, Oklahoma, Alabama are the most affordable. Housing typically accounts for the biggest cost-of-living difference — median home prices in low-cost states can be half or less of high-cost states.

Full Rankings

#StateTax RateTypeTake-HomeMonthlyEff. RateCost IndexCost-Adj.
1Mississippi4%Flat$75,857$6,32124.1%83$91,394
2West Virginia4.82%Grad.$75,240$6,27024.8%83$90,650
3Arkansas3.9%Grad.$75,400$6,28324.6%86$87,674
4Oklahoma4.5%Grad.$75,081$6,25724.9%87$86,300
5Alabama5%Grad.$75,026$6,25225.0%88$85,257
6Iowa3.8%Flat$75,937$6,32824.1%89$85,322
7Missouri4.7%Grad.$75,389$6,28224.6%89$84,706
8Indiana2.95%Flat$74,472$6,20625.5%90$82,747
9Kansas5.58%Grad.$74,345$6,19525.7%90$82,605
10Kentucky3.5%Flat$75,743$6,31224.3%90$84,158
11Ohio2.75%Flat$77,091$6,42422.9%90$85,657
12Tennessee0%None$79,125$6,59420.9%90$87,917
13Louisiana3%Flat$76,500$6,37523.5%91$84,066
14Michigan4.25%Flat$75,122$6,26024.9%91$82,551
15Nebraska4.55%Grad.$75,237$6,27024.8%91$82,678
16New Mexico5.9%Grad.$75,556$6,29624.4%91$83,028
17North Dakota2.5%Grad.$78,434$6,53621.6%92$85,255
18South Carolina6%Grad.$74,733$6,22825.3%92$81,231
19South Dakota0%None$79,125$6,59420.9%92$86,005
20Georgia5.19%Flat$74,558$6,21325.4%93$80,170
21Illinois4.95%Flat$74,316$6,19325.7%93$79,910
22Texas0%None$79,125$6,59420.9%93$85,081
23Wisconsin7.65%Grad.$74,641$6,22025.4%93$80,259
24Wyoming0%None$79,125$6,59420.9%94$84,176
25Idaho5.3%Flat$74,678$6,22325.3%95$78,609
26North Carolina3.99%Flat$75,644$6,30424.4%95$79,625
27Arizona2.5%Flat$77,028$6,41923.0%97$79,410
28Montana5.65%Grad.$74,836$6,23625.2%97$77,150
29Maine7.15%Grad.$73,635$6,13626.4%98$75,137
30Pennsylvania3.07%Flat$76,055$6,33823.9%98$77,607
31Minnesota9.85%Grad.$73,814$6,15126.2%99$74,559
32Utah4.45%Flat$74,675$6,22325.3%99$75,429
33Florida0%None$79,125$6,59420.9%100$79,125
34Nevada0%None$79,125$6,59420.9%101$78,342
35Delaware6.6%Grad.$73,918$6,16026.1%102$72,468
36Virginia5.75%Grad.$74,121$6,17725.9%103$71,962
37Colorado4.4%Flat$75,433$6,28624.6%105$71,841
38Rhode Island5.99%Grad.$75,692$6,30824.3%105$72,087
39Vermont8.75%Grad.$74,907$6,24225.1%105$71,340
40New Hampshire0%None$79,125$6,59420.9%108$73,264
41Oregon9.9%Grad.$70,932$5,91129.1%110$64,484
42Washington0%None$79,125$6,59420.9%110$71,932
43Connecticut6.99%Grad.$74,375$6,19825.6%111$67,005
44Maryland6.5%Grad.$71,687$5,97428.3%112$64,006
45New Jersey10.75%Grad.$74,945$6,24525.1%115$65,170
46Massachusetts5%Flat$74,345$6,19525.7%118$63,004
47New York10.9%Grad.$74,265$6,18925.7%125$59,412
48Alaska0%None$79,125$6,59420.9%127$62,303
49California13.3%Grad.$73,798$6,15026.2%142$51,970
50Hawaii11%Grad.$73,242$6,10326.8%192$38,147
Pro Tip
For remote workers, living in a low-cost state while earning a coastal salary is the best of both worlds. Your purchasing power can be 20–40% higher than colleagues in San Francisco or New York.

Related Rankings

Most Expensive States to Live InBest States for Cost-Adjusted Take-Home Pay9 States With No Income TaxStates With Flat Income Tax RatesStates With Graduated Income Tax
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