The cheapest state to live in in the United States is Mississippi. Overall, Mississippi’s average cost of living is about 15% lower than the national average cost of living. Mississippi’s living wage is only $48,537 and has the cheapest personal necessities anywhere in the country.
Below, you can review our list of the cheapest countries where you can retire well. Portugal. Cost of Living Index: 50.39. Malaysia. Cost of Living Index: 39.38. Spain. Cost of Living Index: 54.70. Costa Rica. Cost of Living Index: 50.89. Panama. Cost of Living Index: 51.45. Czech Republic. Peru. Slovenia. Dec 12, 2019