Mississippi is known as the Hospitality State, and it is awfully nice of them to offer prices like these. If famous Mississippi native Elvis Presley were still alive, he'd be able to pick up some bananas for one of his famous peanut butter, bacon and banana sandwiches for just 56 cents a pound. A loaf of bread for $1.18 is 20 percent below the national average. OK, Elvis wouldn't go pick up the fixin's himself. He'd send somebody. But you get the idea. Mississippi has a lot of things working against it in our overall Top States for Business rankings. But if low cost of living is a priority, this is the place to be.