America's Top States for Business 2014
11 / 13    

America’s cheapest states to live in 2014

Two boys running through fields at sunset in rural Kentucky

» more from America's Top States for Business 2014

1. Kentucky

Colonel Sanders would be so proud: Kentuckyis the country's cheapest state to live in. Harland Sanders introduced what became his famous chicken recipe, with a secret blend of 11 herbs and spices, while running a service station in Corbin, Kentucky, in the '30s. Today the KFC empire has more than 18,000 locations in 115 countries. If you want to buy fried chicken yourself, it'll cost only $3.36 for two pieces in Kentucky compared to an average of $3.71 nationally. With prices this low, you can afford the whole bucket.

  • 2014 Cost of Living rank: cheapest
  • 2014 Cost of Living score 50 (out of 50)
  • 2013 Cost of Living rank: 3rd cheapest
  • Average home price (Bowling Green Metro): $244,299
  • Half gallon of milk: $2.19
  • T-bone steak: $9.45
  • Monthly energy bill: $171.97
  • Doctor visit: $89.17
Alissa Sanderson | Moment | Getty Images