Life

29 Cheapest Places To Live In The U.S.

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Florence, Alabama

Source: https://www.visitflorenceal.com/

The biggest and primary city of the Florence-Muscle Shoals Metropolitan Statistical Area is recognized as northwestern Alabama’s main economic hub. Florence has several museums, including the Kennedy Douglass Center for the Arts, the Indian Mound and Museum, the Children’s Museum of the Shoals, and Frank Lloyd Wright’s Rosenbaum House. Tourism is a major sector in the city’s economy, with annual events such as the W. C. Handy Music Festival and the Renaissance Faire opening job opportunities for residents.
Fortunately for city dwellers and tourists alike, Florence’s historic museums and attractions are affordable. The cost of living is also over 30% lower than the national average, and housing-related expenses are equally lower compared to what the average American pays. Health care is also roughly 20% cheaper in Florence.
Cost of Living: 78.4
Median Home Value: $126,600
City Population: 40,428
Median Household Income: $37,843
Unemployment Rate: 3.4%

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