29 Cheapest Places To Live In The U.S.

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Conway, Arkansas

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Conway is the county seat of Faulkner County and serves as the district’s cultural hub. It is also the region’s center of education, health care, shopping, sports, and work. Moreover, it is home several technological and marketing companies, including Acxiom, Hewlett Packard, and Insight Enterprises, as well as higher educational institutions such as the University of Central Arkansas and Hendrix College.
The city has modest housing and utility expenses, and health care costs are also relatively low. Additionally, residents can save on transportation costs because they don’t have to commute out of the city to find employment. Aside from technological companies, IC Corporation, which is one of the largest school bus manufacturers in the world, is also located in Conway. Nabholz Construction, which ranks among Engineering News-Record magazine’s Top 400 General Contractors, is also a major employer in the city.
Cost of Living: 81.9
Median Home Value: $163,500
City Population: 66,426
Median Household Income: $46,741
Unemployment Rate: 3.2%