Are you tired of having to stretch every dollar just to make ends meet? Are you looking for a place where you can live comfortably without breaking the bank? You’re in luck because we’ve compiled a list of the most affordable states to live and work in 2020. From cost of living to job opportunities, we’ve taken into account all the factors that make a state appealing to those on a budget. So, sit back, relax, and let’s explore the top 5 most affordable states in America.
Tennessee
This southern state tops the list for affordable living. With a low cost of living and abundant job opportunities, Tennessee has a booming economy and a high quality of life. Its major industries include health care, manufacturing, and professional services. The state also offers no state income tax, which means more money stays in your pocket. Some great cities to consider are Memphis, Nashville, and Chattanooga, all of which offer diverse culture and lifestyle options.
Ohio
Ohio offers a great balance between affordability and quality of life. With a variety of industries such as health care, education, and manufacturing, Ohio has a thriving economy and plenty of job opportunities. Cities like Cincinnati, Cleveland, and Columbus have a growing arts and culture scene, making Ohio a great place to live for those seeking a mix of urban and suburban living.
Indiana
This midwestern state has a cost of living that beats the national average by 10%. With a strong emphasis on manufacturing, construction, and health care, Indiana offers a stable economy and plenty of job opportunities. The state also boasts beautiful countryside and a lower population density, making it a great location for those seeking a simpler way of life.
Missouri
Known for its stunning natural beauty, Missouri ranks high on affordability and quality of life. With a diverse range of industries such as manufacturing, health care, and technology, Missouri offers a booming economy and plenty of job opportunities. Cities like St. Louis and Kansas City have a growing arts and culture scene, as well as a rich history.
Arkansas
A hidden gem, Arkansas offers a cost of living below the national average and a strong emphasis on agriculture, manufacturing, and health care. The state is home to stunning natural beauty such as the Ozark Mountains and thriving cities like Little Rock and Fayetteville. With a low population density and a slower pace of life, Arkansas is a great location for those seeking a more relaxed lifestyle.
Conclusion
There you have it, the top 5 most affordable states to live and work in 2020. From the southern charm of Tennessee to the stunning natural beauty of Arkansas, these states offer a great quality of life without breaking the bank. Whether you’re looking for a bustling city or a more laid-back way of life, these states have it all. So, if you’re on a budget and looking to relocate, be sure to add these states to your list of potential places to call home!