The Best States for American Wallets

A Wallet with 50$ bills inside / Photo by Chris O'Neil

Indiana

A wallet with several $50s inside / Photo by Chris O’Neil

If the largest financial decisions most people ever make are buying a house, raising a child, and starting a business. Not far behind these, however, is buying a car. 

Now, the automobile industry is in complete chaos in 2022. Used cars and trucks are more than 40% more expensive than they were in January 2021. There are several ways to mitigate this disaster, however, and one is to travel to a cheaper state.

In Indiana, the average price to buy a used car is $20,961 which is 11.1% below the national average cost. Forbes labeled the state the cheapest in the country to buy a used car. In our current economy, that’s invaluable to know. 

If you’re looking for a used car, it might be a good time for a trip to Hoosier State.



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