10. Georgia
> Price per gallon, regular: $3.25 (tied for 8th place)
> Cost of living: 16th lowest
> Median household income: $44,108 (12th lowest)
> Tax per gallon: 20 cents (14th lowest)
Georgia’s current average gas price is just $3.25, same as Kentucky and Indiana. In July, the state’s prices were almost on par with the national average, but have since dropped faster than the national level. Georgia has one of the lowest relative costs of living in the country, as well as a median household income of just $44,108, the 12th lowest in the country.
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9. Kentucky
> Price per gallon, regular: $3.25 (tied for 8th place)
> Cost of living: 6th lowest
> Median household income: $41,236 (6th lowest)
> Tax per gallon: 22 cents (20th lowest)
Kentucky has both the sixth lowest median household income in the country and the sixth lowest cost of living. Its gas prices are similarly low. While the state only has two refineries, this is more than the majority of states.
8. Indiana
> Price per gallon, regular: $3.25 (tied for 8th place)
> Cost of living: 7th lowest
> Median household income: $46,322 (19th lowest)
> Tax per gallon: 37 cents (8th highest)
According to the Missouri Department of Economic Development, Indiana has the seventh lowest relative cost of living in the country. Indiana has two refineries, including a BP plant in Whiting, which is the seventh largest in the country and the 19th largest in the world. According to The Indy Channel, the state’s current average gas price of $3.25 is a full dollar less than the Indiana all-time high of $4.25. The news source also reports that gas prices have declined in the state by more than 50 cents in the past month.
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7. Oklahoma
> Price per gallon, regular: $3.24
> Cost of living: the lowest
> Median household income: $43,400 (10th lowest)
> Tax per gallon: 17 cents (5th lowest)
Oklahoma has the absolute lowest cost of living in the country. Gas prices are similarly low. They have been exceptionally low lately, dropping below $3.00 per gallon in some areas. Oklahoma has six instate oil refineries. This is an exceptional amount compared to other states, especially considering Oklahoma’s relatively small size.
6. Louisiana
> Price per gallon, regular: $3.23
> Cost of living: 17th lowest
> Median household income: $39,443 (4th lowest)
> Tax per gallon: 20 cents (tied for 13th lowest)
Its location on the Gulf of Mexico makes Louisiana an ideal location for refineries. With 17 plants, Louisiana has the third-most refineries in the country, and easily the most per square mile. The ExxonMobil plant in Baton Rouge is the second largest in the U.S. and the 10th largest in the world. Louisiana’s gas prices are also depressed by its economy. The state currently has the fourth lowest median income in the U.S.
