These are America’s 10 cheapest states to live in for 2021

Minnie V. Muir

Shoppers load up their vehicle outside a HomeGoods store in South Bend, Indiana, on Monday, Nov. 16, 2020.

Daniel Acker | Bloomberg | Getty Images

An engine as massive as the U.S. economy is not going to restart without some sputtering, which is what many economists believe explains the double-digit price increases in many goods and services as the nation moves past the pandemic. Global supply chains were so badly disrupted that it’s taking some doing to get everything back in gear.

Disruptions — and price increases — have been more severe in some states than others. That’s why CNBC’s annual America’s Top States for Business study considers Cost of Living among our ten categories of competitiveness. Some states feature costs so high that many people may prefer to stay away.

These ten states are where a dollar went the furthest last year, and where prices have been heading in the volatile first half of this year versus one year ago, according to the U.S. Bureau of Labor Statistics. Also listed are average prices for selected items, based on the 2020 Average Cost of Living Index by the Council for Community and Economic Research, C2ER.

10. Indiana

A fuel pump stands at a Royal Dutch Shell Plc gas station in Jeffersonville, Indiana.

Luke Sharrett | Bloomberg | Getty Images

8. (tie) Tennessee

A customer gets a haircut at John’s Barber Shop in Knoxville, Tennessee, May 1, 2020.

Luke Sharrett | Bloomberg | Getty Images

8. (tie) Georgia

Arinahabich | iStock | Getty Images

7. New Mexico

Contemporary housing development in New Mexico.

Bim | E+ | Getty Images

6. Alabama

An American flag is displayed outside a home in the Cloverdale neighborhood of Montgomery, Alabama.

Julie Bennett | Bloomberg | Getty Images

5. Missouri

4. Arkansas

Pop’s Barber Shop of Pine Bluff, Arkansas.

Russ Scalf | The Washington Post | Getty Images

3. Oklahoma

A wheat field during the wheat harvest in Corn, Oklahoma.

Nick Oxford | Reuters

2. Kansas

Vadym Petrochenko | iStock | Getty Images

1. Mississippi

Quaint clapboard 19th Century cottage style house with Stars and Stripes flag, South Canal Street in Natchez, Mississippi.

Tim Graham | Getty Images

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