Top 20 Most Affordable Places To Live In USA
If you’re looking for a great place to live that’s not expensive, you’re in the right place. Living in a low-cost city can bring many benefits, more than just financial savings.
Recent reports from sources like US News, Kiplinger, and Niche have highlighted various cities in the USA where living is affordable while also comfortable and fulfilling.
With the available data, we’ve listed some of the most affordable places to live in USA. If you’re a student, tourist or a citizen in the USA, you will find some cheapest cities to live in USA. So, keep reading on for all the necessary information.
Factors Affecting Cost of Living
Several factors come into play when considering the cost of living in the USA. These include:
Housing Affordability: Cities with more affordable housing tend to attract people looking for a better financial deal.
Rental Prices: Rental rates are a significant part of the cost of living. Finding a lower-rent city can free up your budget for other needs.
Utilities and Services: The cost of utilities (water, electricity, or internet) and healthcare services also contribute to the overall cost of living.
Transportation Costs: Your monthly budget can be affected by how much you spend on getting around, whether by car, public transit, or bike.
Grocery and Other Living Expenses: Everyday essentials like groceries, clothing, and entertainment also determine a city’s affordability.
Top 10 Most Affordable Cities to Rent in the USA
Rental affordability is key for those on a tight budget or who prefer renting over buying. Some cities offer lower prices due to availability, demand, and local economic conditions. Below is a list of the top 10 most affordable cities to rent in the USA.
1. El Cenizo, Texas
Cost of living: 19% below the US average
Metro population: 3,180
Median household income: $24,750
Median home value: $56,500
Unemployment rate: 5.6%
Texas’ El Cenizo is a small border town located along the Rio Grande River. It’s one of the most budget-friendly cities in the USA, with a rich cultural heritage. While it may lack some of the amenities of larger cities, it offers a peaceful, simple lifestyle. Its proximity to Laredo offers residents easy access to more extensive services and job opportunities.
2. Heidelberg, Texas
Cost of living: 18.2% below the US average
Metro population: 28,693
Median household income: $45,349
Median home value: $95,000
Unemployment rate: 6.9%
Heidelberg, Texas, is a charming little spot in Gillespie County. Surrounded by beautiful landscapes, Heidelberg offers a peaceful, rural vibe. It’s also close to other scenic spots in the Texas Hill Country. Heidelberg is an excellent place for those seeking an affordable, quiet lifestyle.
3. Decatur, Illinois
Cost of living: 17.4% below the US average
Metro population: 70,746
Median household income: $49,529
Median home value: $95,400
Unemployment rate: 7.1%
Decatur, Illinois, is a small city with a long history. It’s known as the “Soybean Capital of the World” because of its strong ties to agricultural processing. Housing is particularly affordable, with median home prices under $100,000 and low rental prices.
Although the economy is good, this city has faced challenges, especially with fewer manufacturing jobs. Yet, Decatur remains where you can live comfortably on a modest income.
4. Jonesboro, Arkansas
Cost of living: 16.7% below the US average
Metro population: 79,884
Median household income: $61,057
Median home value: $222,200
Unemployment rate: 3.3%
Located in northeastern Arkansas, Jonesboro has a cosy, small-town vibe with everything you need. It’s home to Arkansas State University. Renting here is very affordable. Also, the local economy thrives on healthcare, education, and manufacturing.
If you enjoy the outdoors, you’ll love the parks and trails nearby. Plus, Memphis, Tennessee, is just a short drive away, so that you can enjoy a big city without the high cost of living.
5. Oklahoma City, Oklahoma
Cost of living: 16.4% below the US average
Metro population: 694,768
Median household income: $63,713
Median home value: $227,300
Unemployment rate: 3.5%
Oklahoma City, the biggest city in Oklahoma, mixes city perks with small-town prices. The cost of living is well below the national average, making it one of the top affordable cities in the US.
Oklahoma City offers many job opportunities in energy, aviation, and healthcare. The people are friendly. The city has it all, whether you want a busy downtown or a peaceful suburb.
6. Conway, Arkansas
Cost of living: 16.2% below the US average
Metro population: 67,616
Median household income: $61,898
Median home value: $236,400
Unemployment rate: 3.4%
Conway, known as “The City of Colleges,” is a growing city outside Little Rock. It has three colleges, so there’s always a lot of youthful energy and fun events. Renting here is pretty affordable. With the city’s growth, many new housing options exist, from apartments to single-family homes.
Conway’s location near the Arkansas River and Lake Conway is perfect for outdoor activities. The local economy is diverse, with jobs in education, healthcare, and technology.
7. Charleston, West Virginia
Cost of living: 16.2% below the US average
Metro population: 48,415
Median household income: $58,902
Median home value: $172,800
Unemployment rate: 4.3%
Another of the best cities for affordable living is Charleston, the capital of West Virginia. It’s a lovely city in the Appalachian Mountains, where history and nature mix perfectly. There are nice parks, historic sites, and a river flowing through the city.
Charleston’s low cost of living makes it great for families, retirees, and young professionals. The city’s economy relies on government work, healthcare, and education.
8. Fort Wayne, Indiana
Cost of living: 15.3% below the US average
Metro population: 419,013
Median household income: $56,509
Median home value: $148,100
Unemployment rate: 3.8%
Fort Wayne is one of Indiana’s largest and cheapest cities to live in the USA. It has a vibrant cultural scene with museums, a philharmonic orchestra, and many parks.
The economy is diverse, with strong areas in healthcare, manufacturing, and education, thanks to Purdue University Fort Wayne. The low cost of living makes it a great spot for families and young professionals.
9. Chattahoochee, Florida
Cost of living: 15.9% below the US average
Metro population: 3,582
Median household income: $39,375
Median home value: $96,100
Unemployment rate: 5.0%
Chattahoochee is a small town in the Florida Panhandle, nestled along the Apalachicola River. It’s a quiet, rural spot where living costs are low, and renting is very affordable. Although Chattahoochee is small, it’s not far from bigger cities like Tallahassee, so you can easily access more amenities and services.
10. Cedar Rapids, Iowa
Cost of living: 14.8% below the US average
Metro population: 267,703
Median household income: $61,437
Median home value: $148,700
Unemployment rate: 3.5%
Cedar Rapids, the city of five seasons, focuses on quality of life and fun. This city has a strong community spirit and lots of activities and events for everyone. Renting here is affordable, with options ranging from historic homes to modern apartments. Its many parks, trails, and cultural spots make it a perfect place for those who love staying active and involved.
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Top 10 Most Affordable Cities to Own a Home in the USA
Owning a home is a big dream for many, and choosing the right city can make a huge difference. In this section, we’ll explore the top 10 cities in the USA where owning a home is more affordable.
1. Peoria, Illinois
Cost of living: 14% below the US average
Metro population: 373,590
Median household income: $55,090
Median home value: $141,649
Unemployment rate: 5.7%
Crime rate: 43.5 incidents per 1,000 residents
Peoria is a delightful city in central Illinois. Residents get the best of both worlds with urban and suburban living here. There are parks, museums, and shopping centres to explore. The median home value is quite low. Despite its affordability, Peoria offers a great quality of life, a strong sense of community, and many amenities.
2. Mansfield, Ohio
Cost of living: 16% below the US average
Metro population: 121,823
Median household income: $47,109
Median home value: $166,899
Unemployment rate: 6.4%
Crime rate: 50.8 incidents per 1,000 residents
In north-central Ohio, Mansfield offers a great mix of small-town charm and modern convenience. It’s known for its affordable home prices and cost of living, making it a top choice for a budget-friendly lifestyle.
The city has a rich history and plenty of outdoor fun, like beautiful parks and trails. It also has a friendly community and peaceful neighbourhoods. A number of good schools, healthcare, and many recreational activities are here to keep you busy.
3. Detroit, Michigan
Cost of living: 8% below the US average
Metro population: 4,285,832
Median household income: $36,000
Median home value: $240,338
Unemployment rate: 8.4%
Crime rate: 54.6 incidents per 1,000 residents
Once called the Motor City, Detroit is bouncing back after tough times. Home prices here are some of the lowest in big US cities, so it’s a great place to buy a home without spending too much.
Detroit is famous for its rich culture, including music, art, and a growing food scene. The city mixes old and new, with historic buildings alongside modern spots. However, the city still faces challenges like higher crime rates.
4. El Paso, Texas
Cost of living: 11% below the US average
Metro population: 865,657
Median household income: $47,568
Median home value: $210,010
Unemployment rate: 4.6%
Crime rate: 34.1 incidents per 1,000 residents
Right on the Texas-Mexico border, El Paso especially mixes cultures and has a low cost of living. Homes here are very affordable. The city is famous for its sunny weather, stunning desert views, and tight-knit community. El Paso’s economy is strong, with good education, healthcare, and military jobs. Plus, it’s one of the safest big cities in the US, making it a great choice for families and retirees.
5. Duluth, Minnesota
Cost of living: 8% below the US average
Metro population: 275,486
Median household income: $52,178
Median home value: $229,846
Unemployment rate: 4.7%
Crime rate: 29.7 incidents per 1,000 residents
Duluth is another city where home prices are very reasonable. It sits by Lake Superior and is known for its gorgeous natural scenery and outdoor fun. Duluth has easy access to parks, hiking trails, and water activities if you love nature. Life in Duluth is great, with clean air and friendly neighbourhoods.
6. Rochester, New York
Cost of living: 6% below the US average
Metro population: 1,069,644
Median household income: $41,646
Median home value: $235,391
Unemployment rate: 4.8%
Crime rate: 40.6 incidents per 1,000 residents
Rochester, in upstate New York, is another city with affordable housing. The city boasts beautiful architecture, a vibrant cultural scene, and many festivals. Rochester has several universities and medical centres, which means good job opportunities and a solid local economy.
Rochester is perfect for families and outdoor lovers. It has parks and museums and is close to the Finger Lakes.
7. Memphis, Tennessee
Cost of living: 12% below the US average
Metro population: 1,341,746
Median household income: $38,949
Median home value: $327,275
Unemployment rate: 5.2%
Crime rate: 47.8 incidents per 1,000 residents
Along the Mississippi River, Memphis is famous for its rich music history and low-cost housing. The city is known for its lively culture, including blues, rock ‘n’ roll, and tasty Southern food. Memphis offers a city and suburban life mixed with many parks, museums, and historic sites.
Home to big employers like FedEx and St. Jude Children’s Research Hospital, Memphis is full of life and opportunities.
8. Cleveland, Ohio
Cost of living: 10% below the US average
Metro population: 2,065,000
Median household income: $47,268
Median home value: $248,480
Unemployment rate: 5.0%
Crime rate: 43.3 incidents per 1,000 residents
Cleveland is a lively city right on the shores of Lake Erie. You can find great deals on homes here. The city feels young and energetic, with a median age of around 36. Cleveland’s job market is also strong, especially in healthcare and technology. The city’s parks, waterfront, and cultural spots make it a great place to live, offering a high quality of life at a low cost.
9. Buffalo, New York
Cost of living: 6% below the US average
Metro population: 1,125,637
Median household income: $41,036
Median home value: $277,697
Unemployment rate: 5.3%
Crime rate: 46.2 incidents per 1,000 residents
In western New York, we have Buffalo on our list. It has really turned things around. It used to be known for harsh winters and industrial problems, but now it’s a vibrant city with a booming economy and a refreshed downtown. Living costs are below the national average, and housing is affordable. Plus, its close proximity to Niagara Falls and Canada adds extra appeal.
10. Kansas City, Kansas
Cost of living: 8% below the US average
Metro population: 2,192,035
Median household income: $37,861
Median home value: $272,000
Unemployment rate: 3.9%
Crime rate: 42.8 incidents per 1,000 residents
Kansas City, Kansas, shares a metro area with Kansas City, Missouri, and offers affordable housing. It’s famous for its jazz music, barbecue, and vibrant arts scene. The city has a strong economy with manufacturing, healthcare, and logistics jobs. Residents enjoy plenty of parks, museums, and sports events.
Detailed Comparison Table
Here’s a detailed comparison of the top 10 cities for renting versus owning a home in the USA:
| City Name | Cost of Living Index | Average Rental Price (2-Bedroom) | Average Home Price | Median Household Income | Unemployment Rate | Crime Rate (per 1,000 residents) | Key Attractions | Quality of Life Indicators |
| Peoria, IL | 86 | $1,000 | $141,649 | $55,090 | 5.7% | 43.5 | Riverfront, historic neighborhoods, Peoria Zoo | Affordable amenities |
| Mansfield, OH | 84 | $900 | $166,899 | $47,109 | 6.4% | 50.8 | Rich history, outdoor parks, small-town charm | Peaceful neighbourhoods |
| Detroit, MI | 92 | $1,200 | $240,338 | $36,000 | 8.4% | 54.6 | Music scene, Detroit Institute of Arts, Detroit Zoo | Cultural diversity, revitalization efforts, vibrant arts scene |
| El Paso, TX | 89 | $1,100 | $210,010 | $47,568 | 4.6% | 34.1 | Border culture, historic missions, Franklin Mountains | Safe, sunny weather, rich cultural heritage |
| Duluth, MN | 92 | $1,150 | $229,846 | $52,178 | 4.7% | 29.7 | Lake Superior, outdoor recreation, historic downtown | High quality of life, beautiful natural scenery |
| Rochester, NY | 94 | $1,250 | $235,391 | $41,646 | 4.8% | 40.6 | Strong cultural scene, Finger Lakes, historic sites | Good educational facilities, diverse cultural activities |
| Memphis, TN | 88 | $1,100 | $327,275 | $38,949 | 5.2% | 47.8 | Music history, Graceland, Memphis Zoo | Vibrant culture, affordable living, rich musical heritage |
| Cleveland, OH | 90 | $1,200 | $248,480 | $47,268 | 5.0% | 43.3 | Lake Erie, Rock and Roll Hall of Fame, museums | Urban amenities, strong community feel, affordable housing |
| Buffalo, NY | 94 | $1,200 | $277,697 | $41,036 | 5.3% | 46.2 | Niagara Falls’s proximity, historic architecture, waterfront | Revitalizing downtown, cultural attractions |
| Kansas City, KS | 92 | $1,150 | $453,363 | $37,861 | 3.9% | 42.8 | Jazz scene, barbecue, museums | Low cost of living, diverse cultural scene, vibrant community |
Benefits of Living in Affordable Cities
Living in affordable cities has great perks that make life easier and more enjoyable. Here are some benefits of living in affordable cities:
Financial savings
Financial savings by living in cheap cities is the major advantage you’ll get. When you choose to live in a cheap city, you can save a lot on housing costs. This can help you save for the future or enjoy more of what you love.
Improved quality of life
Affordable cities often have lower stress levels because people are not as worried about high living costs. You can enjoy a better balance between work and play and spend more time doing things you enjoy.
Access to amenities and services
Many affordable cities offer parks, cultural events, and good healthcare, making life more enjoyable and convenient. You can usually find local shops and restaurants without breaking the bank.
Opportunities for home ownership
Living in a budget-friendly city gives you better opportunities for home ownership. Lower home prices make buying a house and putting down roots easier, which can be a big step towards long-term stability and happiness.
Tips for Moving to a New City
If you are finally thinking about moving to a new city in the USA, here are some tips:
Research the City
Start by learning about your new city. Explore its weather, cost of living, and local attractions.
Plan Your Budget
Moving to a new place apparently costs a lot, so it’s good to plan and draft a budget.
Find Housing
Look for cities or places to live that fit your budget. Several sites offer listings for both rentals and homes for sale. Consider whether you want to rent or buy, and find a neighbourhood that suits your lifestyle.
Transportation Options
Figure out how you’ll get around. Check if you’ll need a car or if the city has good public transportation.
Explore Local Amenities and Services
Find out where important places are, like grocery stores, banks, and medical facilities. This will make settling in easier.
Frequently Asked Questions
What is the cheapest place to live in America?
Peoria, Illinois, is frequently cited as the cheapest place to live in the U.S. With median home prices around $120,000 and rent as low as $695, Peoria provides affordable housing options with a lower cost of living than most cities.
Where are the most affordable places to live in the United States?
Some of the most affordable cities include Hickory, NC, Dayton, OH, and Fort Wayne, IN. These cities offer affordable housing, lower rents, and a cost of living well below the national average.
Where is the cheapest and safest place to live in the U.S.?
Sioux Falls, South Dakota, combines affordability with safety. It offers low crime rates and a median home price of around $354,500, making it a popular choice for families seeking affordability and a safe environment.
Where is the nicest but cheapest place to live?
Huntsville, Alabama, is known for its affordability and quality of life balance. With a growing economy and median home prices around $350,000, Huntsville is a nice place to live at a reasonable cost.
Where is the cheapest rent in the U.S.?
Brownsville, Texas, offers some of the lowest rents in the U.S., with an average rent of around $700. Its affordable housing and lack of state income tax make it attractive to renters.
What is a cheap and family-friendly city to live in?
Dayton, Ohio, provides affordable housing and strong public schools, making it a great choice for families looking to balance affordability with family-friendly amenities.
Which U.S. cities are both affordable and safe?
Sioux Falls, SD, and Erie, PA, stand out as affordable cities with low crime rates, making them ideal places to live for those seeking safety on a budget.
What is an affordable place to live with great weather?
Brownsville, Texas, with its tropical climate and warm weather, is one of the most affordable places to live in the U.S., especially for those who prefer mild winters and outdoor activities year-round.
Which affordable U.S. city offers good job opportunities?
Huntsville, Alabama, is known for its job opportunities, especially in the technology and aerospace industries, and for maintaining an affordable cost of living.
Where can I find affordable places with outdoor activities?
Hickory, North Carolina, offers affordable living and access to outdoor activities like hiking, biking, and water sports, making it perfect for nature lovers who also want to save on living costs.
Conclusion
Finding a city where owning a home is affordable does make a difference in your life. We’ve explored the most affordable places to live in USA. It’s worth considering these places if you want to balance your budget. So, look at these cities and see which one might be the perfect fit for you!
