29 Cheapest Places To Live In The U.S.

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Lynchburg, Virginia

Source: https://www.blueridgeoutdoors.com/

The college town of Lynchburg is home to Liberty University, a private Christian university which also happens to be the city’s biggest employer, with over 8,000 people in its workforce.
Also called the “Hill City” or the “City of Seven Hills” because of its location in the foothills of the Blue Ridge Mountains, employment in the metropolitan is not limited to the educational sector. Lynchburg also offers a diversity of businesses and industries, including material handling, pharmaceuticals, and nuclear technology. The city’s hot job market keeps the unemployment rate below the national level.
The residents of Lynchburg are also happy with the city’s low cost of living and housing-related expenses, spending nearly a quarter less than the national standard. Food and groceries are also about 15% below the country’s average. And while beer, wine, and some utility bills are a bit higher than the nation’s average, health care and transportation are notably cheaper.
Cost of Living: 82.9
Median Home Value: $153,300
City Population: 82,126
Median Household Income: $41,971
Unemployment Rate: 3.2%