29 Cheapest Places To Live In The U.S.

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Indianapolis, Indiana

Source: https://www.indianachamber.com/

While the state capital and most populous city of Indiana may not have Memphis’s glamor or cultural distinctiveness, Indianapolis has plenty to offer. This flourishing Midwestern metropolitan is not only a transportation hub surrounded by main cities, it is also home to the major league sports clubs, the Indiana Pacers of the NBA and the Indianapolis Colts of the NFL.
Indy also has several educational institutions, including the University of Indianapolis and Indiana University – Purdue University Indianapolis (IUPUI). Moreover, the city is known to support many cultural and philanthropic causes such as The Indianapolis Zoo, which is one of the country’s largest privately funded zoos, and the Indiana Landmarks, the nation’s hugest preservation of historic buildings and sites.
This global city offers many employment opportunities in its educational, health care, financial, insurance, manufacturing, professional, social assistance, real estate, and trade industries. Denizens can get a 31-day transit pass for $60 with discounted rates available. However, while housing-related costs are lower than the national average, insurance premiums might be higher for homeowners and renters residing in the White River’s flood zone.
Cost of Living: 83.5
Median Home Value: $147,600
City Population: 869,012
Median Household Income: $74,956
Unemployment Rate: 3.0%