Cheapest States To Buy a House in USA | Personal Finance Tips

Cheapest States To Buy a House in USA | Personal Finance Tips

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With the average home costing upwards of $200,000, buying a house is often the most expensive purchase Americans will make in their lives. A typical homeowner in the United States spends $344,141 on their home, while the median household income is only $67,521. In other words, many people cannot afford to buy a home because they don't make enough money!
Most people are unaware that housing prices largely depend on the state in which the house is located! For example, the cheapest nine states have an average home value below $200,000, while the typical cost of a house in eight other states is more than half a million dollars!
So here are the 10 cheapest states to buy a house in the USA.