Florida Has A Higher Home Index Value Than Some Other States, But This Is Largely Due To South Florida.

Kansas is a cheap state to buy a house. States with best home price to income ratio. All factors considered, west virginia is the cheapest place to buy a house in the u.s.

Here Are The 10 Cheapest States To Buy A House In 2022:

Median monthly ownership costs with a mortgage: Our third most expensive state is oregon, where it takes 21.92% of the median household income of $81,200 to buy a house. Mississippi is the least expensive state to live in.

However, This New Report Found The Top 10.

West virginia is just slightly more expensive than mississippi, with its median cost of buying a house sitting at about. Home price to income ratio: West virginia is one of the cheapest states for new home buyers.

The Average Home Price Is Just $141,000,.

South carolina has to be among the cheapest places to buy a house. 51 rows princeton, kentucky: The state capital is frankfort,.

In Mississippi, You Will Find Low Housing Costs, Cheaper Groceries, Transportation, And Healthcare.

It’s the 20th cheapest state to buy a house in 2022. It is the 23rd most populous u.s state, with over 5.1 million. According to zillow, the typical home value in west virginia was $132,638—the lowest of any.