Want to save money? Then pack up the U Haul and head South..way down South to Mississippi!

Yes indeed, Mississippi is the cheapest state to live in. Lets get right to the real reason that you're here, to find out about North Dakota, not even close! NoDak is not even in the top 10.

Justin Sullivan / Getty Images
Justin Sullivan / Getty Images
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How did they come up with this list? According to Zillow.com-

" This list of the cheapest states uses data from the Missouri Economic Research and Information Center and other resources. Each state is ranked by its cost of living index, as of the first quarter of 2014.

Here are a few of the states in the top 10-

Arkansas, Iowa, Nebraska, Alabama, Kansas and at Number One, Mississippi, according to USA Today.com

Cost of Living Index: 87.8 Grocery Index: 90.1 Housing Index: 72.4 Transportation Index: 95.4 Utilities Index: 86.6 Health Index: 91.3 Misc: 95.9

In Mississippi, you're looking at a rent payment of around $875 (if you pay the state median). If you were to buy a home, low property taxes and lower-cost housing make Mississippi an affordable option. Zillow reports median home values are just over $112,000 and median list prices are currently $155,000. The median property tax rate is only 0.52%.

(Source USA Today.com)

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