While you’ve all probably dreamed about living and retiring in a beautiful tropical paradise or a safe and relaxing vacation destination, you also need to make sure you won’t be financially stressed when deciding where you want to relocate. Moving to big, expensive cities like Honolulu, New York, or San Francisco might not be practical.
Fortunately, the United States has many metropolitan areas that are low-cost yet economically vibrant, offering affordable housing and cost of living, many job prospects and low unemployment rates, great landscapes and historic landmarks, as well as cultural, educational, health, and recreational facilities. The country has many cities that present inexpensive housing, utility, and transportation, allowing you to live well within your means and save money for future challenges or your next holiday trip out of town.
We’ve compiled a list of affordable cities that provide not only a comfortably low cost of living, but also employment opportunities, reasonable real estate prices, and with a population big enough to guarantee good services and attract newcomers.
The list includes each city’s median cost of living and home value where the country’s average cost of living is 100 and the median home value as of April 2019 is $226,800. Below 100 means cheaper than the U.S. average and over 100 means more expensive than the national standard. The cost of living covers housing, food and groceries, utilities, transportation, health care, and miscellaneous expenses on clothing, entertainment, and other services, but does not include childcare and taxes.
Keep on reading to check out the cheapest places in the United States where housing and living expenses are lower than the national average and won’t empty your bank account.