Apartment rents are about 22% cheaper and average home prices are a little more than half the national level. But whether you're a doctor or truck driver, Temple won't overburden your bank account. Please check your email and click on the confirmation link to complete your registration. Those cookies include actions such as creating or using your account in our site, writing reviews, interacting with existing reviews by giving likes or replies, writing other user content on the site, setting up custom search or filter preferences, accepting and saving user preferences (including privacy preferences), or any other action which affects the way you experience the Site. The city's economy has held up pretty well in the recession, too. McAllen, Texas. That's about twice the poverty rate for Texas as a whole. Does your dollar stretch further where you live compared to the rest of the country? Every state that averages less than 100 is considered below the national average for the Cost of Living. Health care, groceries and transportation costs are all significantly less expensive, too. Those cookies are important to give you the best possible user experience, and thus can be removed only manually by following the instructions found on our privacy policy. Housing-related expenses are 35% less than what the average American pays. These states are the cheapest places to live in America in 2019, according to data from CNBC's America's Top States for Business study released Wednesday. Nearby parks offer a combined 140 miles of trails and three swimming beaches. 1. Just be forewarned that this North Texas city gets H-O-T in summer, with average highs of 97 degrees in July. Current Resident: Rio Grande City is a nice city to live in the schools and the teachers are really good here especially the … You'll also find numerous colleges and universities, an NBA franchise, mouthwatering ribs and, of course, Graceland. To identify America’s cheapest cities where everyone wants to live, 24/7 Wall St. reviewed cost of living, housing affordability, and population growth from migration for 110 U.S. metro areas. It's no wonder buying a home in the state isn't cheap—the median list price is $450,000. For many, the drawcard to live in the hustle and bustle of our big cities is for new opportunities. The city doesn't lack for leisure activities either. Western Michigan University, with its multiple campuses and research facilities, is a major driver of the local economy. The twin cities of Texarkana, Texas, and Texarkana, Ark., make up some of the most affordable real estate to live in the U.S., especially when it comes to some of life's biggest expenses. Where's My Stimulus Check? To find out more about what cookies we use you can go to privacy overview. Holbrook Arizona. Conway is home to a number of high-tech companies, such as digital marketing firm Acxiom, and post-secondary educational institutions, including the University of Central Arkansas. We compare personal finance solutions such as loans, saving accounts, credit cards, and more. If you didn't get a stimulus check, or you didn't get the full amount, you may be able to claim the recovery rebate credit on your 2020 tax return. All other major expenses tracked by the Cost of Living Index likewise take a smaller bite of folks' paychecks, putting Florence in the middle of the pack of the 25 cheapest U.S. cities to live in. It turns out, America is actually full of cities that can make your dream of living near water come true, at least to some degree – it just may be a river or lake instead of the Pacific or Atlantic. Apartment rents are less than half of what the average American shells out every month. The average price for a house in Danville is $235,820 vs. a national average of $370,590. If you want to get away to the big city, Chicago is less than three hours by car if traffic is merciful. Please enter your username or email address. Yet you can drive to the state capital of Little Rock in a half-hour or so. Toothpaste, for example, is roughly 25% less expensive in the city known as "The Yellow Rose of Texas." Those institutions, among others, help fuel a fast-growing metro area and low unemployment. $ % ^ & ). Perhaps most impressively, Abraham Lincoln spent 18 years practicing law in Danville. People that love West Virginia love the outdoors. But if you're thinking about relocating to one of these cheapest cities to live in, just remember to weigh the pros and cons. This Oklahoma city traces its roots back to the Western expansion, first as a cattle town and later as the "Oil Capital of the World.". The area is on the mend, however, helped by its status as a regional medical center. C… You will receive an email message with instructions on how to reset your password. Residents can enjoy all this and more without breaking the bank. The nearby Muscle Shoals Sound Studio has a rich history; it's where The Rolling Stones recorded the hit songs "Wild Horses" and "Brown Sugar." And it all comes in an affordable package. South Bend, IN. With a new era of online business and remote workers on the rise, Americans have the chance to choose communities based on their quality of life rather than employment prospects. Housing costs are about 18% lower than the national average in Seguin. It is the 5th least populated state in the country, so vast open spaces and a small-town feel will have to be what you are into. Its Cost of Living Index measures prices for housing, groceries, utilities, transportation, health care and miscellaneous goods and services such as going to a movie or getting your hair done at a salon. And, yet, as a metro area with 1.4 million people, Oklahoma City offers a lot of big-city attractions, from a philharmonic orchestra to the National Softball Hall of Fame and Museum. Residents spend almost 40% less on housing-related costs vs. the national average. Springfielders enjoy savings on groceries, transportation and utilities, too. At the professional sports level, the NBA's Oklahoma City Thunder is a regularly competitive team. The median home value in Harlingen is a striking $150,000 less than the U.S. median. #1 in Cheapest Places to Live. The area is home to a major regional medical center, and its Central Texas location makes it an ideal base for distribution and logistics companies. The Tennessee River runs through downtown. The annual house … As for recreational activities, the Kalamazoo Nature Center hosts free daily activities. Today, we’re going to talk about the cheapest – or most affordable – places you can live in … Long gone are the days of sending a cheque. The Cost: A couple living and renting on a place like Ambergris Caye can live lavishly on a monthly budget starting at $2,875. This means that every time you visit this website you will need to enable or disable cookies again. Grocery items, utilities, health care and transportation are all significantly cheaper, as well. Amarilloans are known for their love of high-school football, hot sauce and thick steaks. If you are looking for somewhere cheap to raise your kids, this might be the place for you. You'll thank yourself later. Three Fortune 500 companies – FedEx (FDX), International Paper (IP) and AutoZone (AZO) – call the city home. Okay, there ya go. Housing costs, for example, run more than 20% below the national average. Industry leaders include technology, energy, natural gas, and oil—even the state’s capitol building sits above an oil well. 6 min read. At the same time, Hattiesburg, just 115 miles to the north of New Orleans, is one of the cheapest U.S. cities to live in. Tourism is another driver of the local economy, thanks to the Wheeler National Wildlife Refuge, the Carnegie Visual Arts Center and festivals such as the Alabama Jubilee Hot Air Balloon Classic. According to Forbes, cost of living in the state capital, Oklahoma City, is 5 percent below the national average, making it a top pick for those hoping to get the most bang for their buck. After all, the San Antonio metro area has a population of more than 2.5 million. Groceries, health care and transportation costs also are lower than the national average. While Conway's median home value is the second-highest among the 25 cheapest U.S. cities to live in, the figure is still below the U.S. median, and housing-related expenses, including utilities, are modest. Housing-related costs including mortgages and rents in Decatur are about 15% cheaper than the national average. Today, major employers include the U.S. Department of Veterans Affairs, grocery distributor McLane/Midwest and Blue Cross Blue Shield. Low costs on health care, groceries, transportation, utilities and miscellaneous expenses also contribute to Seguin's ranking among the 25 cheapest cities in America. Have you considered moving to a state where your dollar will stretch further?Deciding where to live has generally been based on our social circles or employment opportunities. Relatively low costs for health care also contribute to Conway's affordability. Great Smokey National Park spans over 800 square miles and is the most visited national park in the US. 7 min read, Who Can Help Pay Rent? Decatur's economy benefits from being the busiest port on the Tennessee River, and from NASA's Marshall Space Flight Center in nearby Huntsville. President-elect Joe Biden and others in Congress are pushing for a third-round of stimulus checks, but it might be a while before we get them. Home of over 75 colleges and job opportunities within the state are relatively high. When it comes to cheap living, the best places to settle down are mostly south of the Mason-Dixon line. Town in Texas. Average home prices come to about $261,000 – an amount that would elicit screams from people who live in the most expensive U.S. cities. We use cookies to keep your user preferences and actions, in order to assist and optimize your overall experience of using our Site. Health care costs about 25% less in Florence. These are the most trusted and highly rated loan companies based on customers reviews. Des Moines, IA. Some of the area's largest employers include Kellogg (K), Stanley Black & Decker (SWK) and Toyota (TM). #16 Places with the Lowest Cost of Living in America. Residents do not have to pay any income tax and housing can cost less than $1000 a month. They also enjoy savings on a wide range of goods and services. Level 2, Palazzo Ca’ Brugnera, Valley Road, Birkirkara BKR 9024, Malta, Operated by Financer.com LTDVAT MT20908917financer.com © 2021. We have put together a list of our top 5 cheapest states to live in from the MIT data collected for 2020. Ponca City, Okla. Getty Images. Jackson, Tennessee, and surrounding Madison County are located 90 miles northeast of Memphis, which, as we'll see, is also among the least expensive cities in the U.S. Jackson serves as a regional center of trade for west Tennessee. To find more about the legal terms that govern your use of our website, please read our Terms and Conditions here.To find more about your privacy when using our website, and to see a more detailed list for the purpose of our cookies, how we use them and how you may disable them, please read our Privacy Policy here. Renters benefit, too. The city's proximity to the Mountain Longleaf National Wildlife Refuge makes it a good jumping off point for hikers, mountain bikers and other outdoorsy types. And yet Fayetteville remains relatively cheap for students and civilians, alike. Financer.com is a global comparison service simplifying your choices when you need to borrow or save money. For the most part, it has a strong economy. This area, set deep within the Ozarks, frequently appears on lists of the best places to live in the U.S. – and smart places to retire. The 10 Least Tax-Friendly States in the U.S. 31 Best Amazon Prime Benefits to Use in 2020, 19 Smart Ways to Prepare for a Financial Emergency, 13 Tax Breaks for Homeowners and Home Buyers, 7 States That Are Better Than Florida for Retirement, 7 Surprisingly Valuable Assets for a Happy Retirement. Almost than 30% of the city's population lives below the poverty line. South Texas border towns are known for low costs of living, but not always for happy reasons. Living in any of these states will allow you to save more of every dollar that you earn. Utilities, however, run almost 5% more than the U.S. average. A visit to the doctor is in line with the national average, but other specialties are appreciably more affordable. Here is MIT’s full list of the most affordable states to live … Financer.com ("we") is not a lender, a financial advisor or any kind of financial institution. To help you find the ideal setting for the next act in your life’s play, we researched living costs in 75 popular US cities, and then we ranked them based on affordability. We would like to highlight the most popular lenders. A tiny home in retirement could be a more-affordable way to downsize and still be close to family. Utilities, transportation costs and health care are also bargains. Wichita Falls is home to the Professional Wrestling Hall of Fame & Museum, boasts the "world's littlest skyscraper" and allows servicemen and civilians alike to really stretch their paychecks. When Could We Get a Third Stimulus Check? A retirement home with water views doesn’t come cheap in any part of the country. Use the IRS's "Get My Payment" Portal to Get an Answer, The Recovery Rebate Credit: Get Your Full Stimulus Check Payment With This Tax Credit. Cookie information is stored in your browser and performs functions such as recognizing you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. Its cost of living index of 81.8 in 2012 fell 0.6 from the previous year. The IRS has an online tool that lets you track the status of your second stimulus check. Prices on a wide range of goods and services, from pizza to haircuts to dry cleaning, are cheaper, too. Keep reading to find out which cities you could afford to live … Florence – as well as the surrounding area, known as The Shoals – boast a number of other attractions. Here are 30 of the least expensive American cities … Texas, Tennessee and Arkansas are just a few states making multiple appearances on our list. Many remote workers and small online business are taking their ability to work from anywhere and are doing just that. #2 Cities with the Lowest Cost of Living in America. There You Have It — The Cheapest Big Cities in America. (At the metro level, which includes Portage, Michigan, the figure comes to 15%.) That said, household incomes and home values are higher in other parts of Calhoun County, of which Anniston is the county seat. If you are looking for somewhere cheap to raise your kids, this might be the place for you. The unemployment rate of 4.2% is well below the national figure of 8.4%. They are moving to states where their dollar will stretch much further. With cheap housing and high employment rates, people are moving to South Dakota. Housing costs are a whopping 39% below the national average, while groceries, health care, transportation, utilities and miscellaneous expenses are all below-average too. Food to transportation, according to the beaches and casinos along Mississippi 's Gulf coast largest employer are to... Food to transportation, according to the cost of living Index Memphis is understatement. 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