The 10 Most Affordable Cities With High Salaries and Low Costs of Living | The Motley Fool (2023)

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The 10 Most Affordable Cities With High Salaries and Low Costs of Living | The Motley Fool (1)

By:Lyle Daly

Our Research Expert

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Average salaries and costs of living vary wildly across the United States. The most affordable cities hit the sweet spot by having comparatively high salaries combined with a low cost of living.

That's a big financial benefit for residents, and it makes cities like these popular places to live. Read on to learn about the 10 most affordable cities in the United States, as well as the cheapest and most expensive cities overall.

The 10 most affordable places to live in the United States

To rank the most affordable places to live, The Ascent compared median household income to cost-of-living data in hundreds of cities. A higher estimated income-to-expense ratio indicates more affordability.

Affordability rankingCityEstimated income-to-expense ratioCost-of-living estimateMedian household income
1Cedar Park, Texas1.401$61,774.39$86,530
2Hastings, Nebraska1.342$61,305.89$82,258
3St. Paul, Minnesota1.339$65,321.56$87,433
4San Marcos, Texas1.338$64,652.28$86,530
5Midland, Texas1.327$60,636.61$80,478
6Raleigh, North Carolina1.326$64,317.64$85,303
7Minneapolis, Minnesota1.321$66,191.62$87,433
8Vineland, New Jersey1.319$63,983.01$84,409
9Ardmore, Oklahoma1.313$56,620.94$74,331
10Douglasville-Douglas County, Georgia1.290$60,168.12 $77,589
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Data source: The Motley Fool Ascent calculations.

Each city's cost-of-living index from the Council for Community and Economic Research was multiplied by median household expenditures nationwide to calculate a cost-of- living estimate.

Each city's median household income was then divided by its cost-of-living estimate to calculate an estimated income-to-expense ratio. The higher a city's income-to-expense ratio, the more its median income exceeds its cost-of-living estimate. That means a higher score indicates more affordability.

Here are more details on the most affordable places to live in the United States.

1. Cedar Park, Texas

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  • Estimated income-to-expense ratio: 1.401
  • Cost-of-living index: 92.3
  • Cost-of-living estimate: $61,774
  • Median household income: $86,530
  • Median home price: $478,900 (for the Austin-Round Rock, Texas metro area)
  • Population: 78,693
  • Unemployment rate: 3.6%

With a reasonable cost of living and high wages, Cedar Park is our No. 1 most affordable place in the United States. The median age in Cedar Park is 35.4, and education levels are high here, as over half the population has a college degree. It also has quality public schools, making this suburb of Austin one of the top affordable cities to raise a family.

Cedar Park's cost of living is 7.7% below the national average, and its median income is an impressive 22.2% above the national median. Groceries are especially cheap in Cedar Park compared to average monthly expenses nationwide, costing 15.0% less than the national average.

The unemployment rate for Cedar Park is 3.6%, close to the national rate of 3.5%. Cedar Park's biggest industries, in terms of number of workers, are:

  • Professional, scientific, and technical services
  • Retail trade
  • Healthcare and social assistance

2. Hastings, Nebraska

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  • Estimated income-to-expense ratio: 1.342
  • Cost-of-living index: 91.6
  • Cost-of-living estimate: $61,306
  • Median household income: $82,258
  • Median home price: $270,000 (for Lincoln, NE)
  • Population: 25,037
  • Unemployment rate: 2.1%

Hastings has a cost of living 8.4% below the national average, and it offers affordable housing, in particular. Housing costs are 14.3% below the national average, and the median home price in the Lincoln area is well below the nationwide median.

This city is on the small side, making it most suited for those who want a quiet way of life. The median age in Hastings is 36. Despite its size, Hastings pairs that low cost of living with a robust job market. Its unemployment rate of 2.1% is the lowest on this list by a wide margin, and the median salary is 16.2% higher than the national median. The biggest industries in Hastings are:

  • Healthcare and social assistance
  • Manufacturing
  • Retail

3. St. Paul, Minnesota

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  • Estimated income-to-expense ratio: 1.339
  • Cost-of-living index: 97.6
  • Cost-of-living estimate: $65,322
  • Median household income: $87,433
  • Median home price: $365,600 (for the Minneapolis-St. Paul-Bloomington, Minnesota-Wisconsin metro area)
  • Population: 307,193
  • Unemployment rate: 3.0%

St. Paul scores well for affordability primarily because of its wages, which are high compared to the average U.S. income. The median household income here is 23.5% more than the national median, and the unemployment rate is 0.5% below the national rate.

The cost of living in St. Paul is 2.4% below the national average, but it stands out in a few key areas. Notably, housing costs in St. Paul are 9.9% lower than the national average, and grocery costs are 7.3% lower.

St. Paul has lots of quality dining and nightlife options, and since it also has high wages, it's a fantastic city for young professionals. The median age of 32.5 reflects that. As far as career options go, the top three industries in St. Paul are:

  • Healthcare and social assistance
  • Educational services
  • Manufacturing

4. San Marcos, Texas

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  • Estimated income-to-expense ratio: 1.338
  • Cost-of-living index: 96.6
  • Cost-of-living estimate: $64,652
  • Median household income: $86,530
  • Median home price: $478,900 (for the Austin-Round Rock, Texas metro area)
  • Population: 68,580
  • Unemployment rate: 4.3%

San Marcos is a suburb of Austin, and it's an exciting option for young adults. The median age is just 25.1, by far the lowest of any city on this list. Even though the workforce is younger, salaries are high at 22.2% above the national median. However, the unemployment rate is also somewhat high at 4.3%.

Residents don't need to spend too much on groceries, which are 14.2% cheaper than the national average. On other expenses, San Marcos is close to the national average, and its overall cost of living is 3.4% lower. The largest industries are:

  • Accommodation and food services
  • Retail trade
  • Educational services

5. Midland, Texas

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  • Estimated income-to-expense ratio: 1.327
  • Cost-of-living index: 90.6
  • Cost-of-living estimate: $60,637
  • Median household income: $80,478
  • Median home price: $345,900
  • Population: 131,325
  • Unemployment rate: 3.0%

If you're looking for a reasonably sized city with low living costs, Midland is a great choice. Its cost of living is 9.4% less than the national average. Housing is the area where Midland residents save the most, with these costs beating national average housing prices by 22.9%. The city has a balance of families and young professionals, with a median age of 31.4.

Midland doesn't have the highest household income on this list, but it still tops the national median by 13.7%. Unemployment is low, in large part because it's one of the country's major oil producers. Midland's biggest industries are:

  • Mining, quarrying, oil, and gas extraction
  • Retail trade
  • Healthcare and social assistance

6. Raleigh, North Carolina

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  • Estimated income-to-expense ratio: 1.326
  • Cost-of-living index: 96.1
  • Cost-of-living estimate: $64,318
  • Median household income: $85,303
  • Median home price: $431,000
  • Population: 469,124
  • Unemployment rate: 3.1%

Out of the 10 most affordable cities, Raleigh is the largest, and it boasts a median income 20.5% higher than the national median. It's fairly easy on the wallet, with a cost of living 3.9% below the national average. Grocery costs are 8.4% less than the national average, and housing is 2.5% less, which isn't bad for a city with nearly half a million people.

There's lots to do in Raleigh, starting with its ample number of free museums, leading to its nickname "Smithsonian of the South." It also has plenty of nearby parks and nature reserves, making it fun for families and outdoorsy young adults. It has a solid mix of those two groups, with a median age of 34.0.

Raleigh also has a low unemployment rate of 3.1%. Although there are several major industries here, the ones with the most employees are:

  • Professional, scientific, and technical services
  • Healthcare and social assistance
  • Retail trade

7. Minneapolis, Minnesota

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  • Estimated income-to-expense ratio: 1.321
  • Cost-of-living index: 98.9
  • Cost-of-living estimate: $66,192
  • Median household income: $87,433
  • Median home price: $365,600 (for the Minneapolis-St. Paul-Bloomington, Minnesota-Wisconsin metro area)
  • Population: 425,336
  • Unemployment rate: 2.8%

Minneapolis is less than a 30-minute drive from neighboring St. Paul, and these two affordable cities share many of the same benefits. The typical household here makes 23.5% more than the national median, and there are quite a few bars and restaurants, so it's a fun place to live for young professionals. The median age in Minneapolis is 32.3.

Although wages are high, the cost of living in St. Paul is about average. It's just 1.1% less than the national average, but its housing costs are 8.4% lower. Minneapolis also has a low unemployment rate of 2.8%, well below the national rate of 3.5%. Its largest industries are:

  • Healthcare and social assistance
  • Educational services
  • Professional, scientific, and technical services

8. Vineland, New Jersey

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  • Estimated income-to-expense ratio: 1.319
  • Cost-of-living index: 95.6
  • Cost-of-living estimate: $63,983
  • Median household income: $84,409
  • Median home price: $538,500 (for the Newark, New Jersey-Pennsylvania metro area)
  • Population: 61,156
  • Unemployment rate: 6.4% (for the Vineland-Bridgeton, New Jersey metro area)

Vineland scores well for affordability, even though it is a bit of a mixed bag in this regard. Some costs are well below the national average, including housing (11.7%) and healthcare (8.9%). Others are more expensive than average, most notably utilities (7.6%) and groceries (3.7%). It comes out to an overall cost of living 4.4% below the national average.

Salary-wise, the median household income in Vineland is 19.2% above the national median. But the unemployment rate, at least for the Vineland-Bridgeton metro area, is high at 6.4%. Its median age is also higher than other cities on this list, at 37.8. This city's major industries are:

  • Healthcare and social assistance
  • Retail trade
  • Manufacturing

9. Ardmore, Oklahoma

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  • Estimated income-to-expense ratio: 1.313
  • Cost-of-living index: 84.6
  • Cost-of-living estimate: $56,621
  • Median household income: $74,331
  • Median home price: $189,000
  • Population: 24,893
  • Unemployment rate: 3.6%

The smallest city on this list, Ardmore is affordable mostly because of a cheap cost of living (15.4% below the national average). Housing is very inexpensive here, beating the national average by 37.3%. Its population skews older, with a median age of 37.4, and it's considered a good town to retire.

Earnings are slightly higher than the national median, topping that by 5.0%. The unemployment rate of 3.6% is near the national rate. Ardmore's biggest industries are:

  • Healthcare and social assistance
  • Retail trade
  • Manufacturing

10. Douglasville-Douglas County, Georgia

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  • Estimated income-to-expense ratio: 1.290
  • Cost-of-living index: 89.9
  • Cost-of-living estimate: $60,168
  • Median household income: $77,589
  • Median home price: $330,000
  • Population: 35,561
  • Unemployment rate: 4.0%

Rounding out the top 10 is Douglasville, with above-average wages and low cost of living having about an equal impact. The median household income is 9.6% above the national median, the median age is 36.7, and the cost of living is 10.1% less than the national average.

The cost of living is mostly due to low utility and housing costs, which come in at 17.9% and 17.3% less than average, respectively. Unemployment in this city is somewhat higher than the national average, and its largest industries are:

  • Healthcare and social assistance
  • Retail trade
  • Educational services

Cheapest and most expensive cities in the United States

Harlingen, Texas is the cheapest city in the United States, with a cost-of-living index of 77.1, according to the Council for Community and Economic Research. Manhattan is the most expensive at 228.0. A cost-of-living index of 100 represents the nationwide average. That means Harlingen is 22.9% less expensive than average, and Manhattan is 128% more expensive.

The tables below have the 10 cheapest and most expensive cities in the United States. Keep in mind that the list of the cheapest cities is based only on cost of living. It doesn't measure affordability, since that's determined using the median household income in each city relative to the cost of living there. These low-cost-of-living cities could be good places to retire, though, since an area's average income isn't that important to retirees.

Cheapest cities in the United states

CityCost-of-living index
Harlingen, Texas77.1
Kalamazoo, Michigan77.5
Muskogee, Oklahoma78.2
McAllen, Texas79.3
Decatur, Illinois80.0
Tupelo, Mississippi81.4
Joplin, Missouri82.0
Ashland, Ohio82.5
Topeka, Kansas82.5
Salina, Kansas 82.7

Data source: Council for Community and Economic Research (2023).

Most expensive cities in the U.S.

CityCost-of-living index
New York (Manhattan), New York228.0
Honolulu, Hawaii184.1
San Francisco, California178.8
New York (Brooklyn), New York168.7
Washington, D.C.152.3
Orange County, California151.4
Los Angeles-Long Beach, California150.7
Seattle, Washington149.9
Boston, Massachusetts149.7
Oakland, California145.9

Data source: Council for Community and Economic Research (2023).

Methodology

Each city's cost-of-living index was taken from the Council for Community and Economic Research's 2022 annual average cost-of-living index report.

The estimated cost of living in each city is calculated by multiplying the city's cost-of-living index score by the median annual household expenditure across the United States. This number is an estimate of median expenditures per household in the city. Household expenditure data is from the 2021 Consumer Expenditure survey.

The estimated income-to-expense ratio is calculated by dividing the median household income in the city by the cost-of-living estimate for the city. A higher estimated income-to-expense ratio score means the city is more affordable as the median household income there is above the cost-of-living estimate. Income data is from the 2021 American Community Survey.

Sources

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FAQs

The 10 Most Affordable Cities With High Salaries and Low Costs of Living | The Motley Fool? ›

Iowa. Iowa is one of the nation's more affordable states, with residents paying 28% less in housing than the national average and a median home value of only $160,700. Iowa also has a high percentage of homeownership: at least 7 in 10 residents own their homes, according to the Census Bureau.

Which Midwest state has the lowest cost of living? ›

Iowa. Iowa is one of the nation's more affordable states, with residents paying 28% less in housing than the national average and a median home value of only $160,700. Iowa also has a high percentage of homeownership: at least 7 in 10 residents own their homes, according to the Census Bureau.

What metropolitan area has the lowest cost of living? ›

10 Major US Cities With the Most Affordable Housing
  • Kansas City, Missouri.
  • Albuquerque, New Mexico.
  • Louisville, Kentucky.
  • Oklahoma City, Oklahoma.
  • Indianapolis, Indiana.
  • Tucson, Arizona.
Jan 12, 2023

What city has the lowest cost of living? ›

Fort Wayne, Indiana, was named the city with the lowest cost of living for 2022.

What is the cheapest New England state to live in? ›

Of the six New England states, it is generally considered that Maine is the cheapest to live in. The cost of living in Maine is relatively low compared to the other New England states, particularly in terms of housing.

What is the #1 most affordable state? ›

Take a look at the 10 cheapest states to live in for 2022.
  1. Mississippi. Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3. ...
  2. Kansas. ...
  3. Alabama. ...
  4. Oklahoma. ...
  5. Georgia. ...
  6. Tennessee. ...
  7. Missouri. ...
  8. Iowa.
Mar 31, 2023

What is the cheapest blue state to live in? ›

Regarding affordability, the report indicates that Connecticut, Massachusetts, and New Jersey are the most affordable states with Arizona, Nevada, and Florida being the least affordable.

What is the #1 city to live in in America? ›

1 best U.S. city to live in is Cambridge, Massachusetts—see which other cities made the list. Niche released its list of the best U.S. cities to live in 2023. This month, Niche released its ranking of the best cities to live in America in 2023.

What state has the best cost of living? ›

States With Lowest Cost of Living

Mississippi is the state with the lowest cost of living in the US, with a cost of living index of 85. This means that the cost of living in Mississippi is 15% lower than the national average. The state has a low cost of housing, groceries, and utilities.

Where is the most comfortable place to live in the United States? ›

Its 2022 ranking for the best places to live looked at five metrics: job market, value, quality of life, desirability, and net migration. The best place to live in America is Huntsville, Alabama, followed by Colorado Springs, Colorado.

What is the safest and cheapest place to live? ›

Here are some of the cheapest and safest places to live in the US!
  • Live in Boise, Idaho.
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  • Live affordably in Naples, Florida.
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Where is the cheapest place to buy in the US? ›

1. West Virginia. With a Zillow Home Value Index of $146,578, West Virginia is the most affordable state to buy a house in the US. Despite its low home prices, the state boasts natural beauty and outdoor recreation opportunities, making it an attractive option for homebuyers on a budget.

What is the cheapest thing on earth? ›

Actually, the entire agriculture complex, including corn, beef, pork and beans could fit this description. The answer is: wheat.

What is the friendliest state in New England? ›

Friendliest State: New Hampshire

The Granite State is beautiful, with fiercely proud locals who love where they're from.

What is the prettiest New England state? ›

Vermont was the highest-ranking New England state at No.

Is it cheaper to live in CT or RI? ›

Rhode Island is 0.2% cheaper than Connecticut.

What is the best state to live in 2023? ›

Utah takes No. 1 in rankings that measure health care, education and economy. WASHINGTON, May 2, 2023 /PRNewswire/ -- Utah is the Best State in the country, according to the 2023 Best States rankings.

Which states have the least affordable housing? ›

Housing insecurity was highest in New York, Mississippi, and Louisiana.

What is the cheapest state to retire in? ›

Rather, Alabama is the most affordable state to retire in, according to WalletHub's “2023 Best States to Retire.” The analysis compared all 50 states across three key categories: health care, quality of life and affordability.

What Southern state has the lowest cost of living? ›

Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi's housing costs are the lowest in the nation.

What is the most expensive state to live in 2023? ›

According to several studies on cost of living, Hawaii is the most expensive U.S. state to live in. Prices are typically double in Hawaii compared to those on the mainland, and the continued rise in inflation is making costs ranging from housing to health care much more expensive.

What city has the highest quality of life? ›

Monocle's Quality of Life Survey

The 2022 Monocle Survey determined the world's most livable city was Copenhagen, followed by Zurich, Lisbon and Helsinki.

Which state has the highest quality of life? ›

Washington. Washington state has the highest quality of life in all 50 states. The state has no income tax, a thriving job market, and great international business opportunities.

What state is the most expensive right now? ›

Hawaii is the most expensive state to live in, according to the Bureau of Labor Statistics' "2021 Consumer Expenditures Survey," the most recent data provided by the organization.

What is the cheapest state to build a house in? ›

Top 10 Cheapest States to Build a House
  • Mississippi. Mississippi ranks at the lowest cost of living in the entirety of the United States. ...
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Mar 13, 2023

Is Florida an expensive state to live in? ›

Is it expensive to live in Florida? Though the state has long had a reputation for being an inexpensive place to live, housing costs are high. Rents and sale prices are both well above national averages. However, the overall cost of living in the state is about on par with the national average.

Where is the best place to start over? ›

St Louis, Missouri is the top-rated city in the U.S. for people looking to start over. New York City is the most difficult city to move to for a fresh start. Hartford, Connecticut has the best social scene score. Birmingham, Alabama has the best cost of living score compared to other cities we studied.

Where is the most peaceful place to live in us? ›

10 Most Peaceful Towns To Visit In The United States
  • 8 Weston, Connecticut.
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  • 6 Cary, North Carolina.
  • 5 Irvine, California.
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  • 2 Upper Providence Township, Pennsylvania.
  • 1 Hopkinton, Massachusetts.
Jan 17, 2023

What is the chillest city to live in? ›

1. Fremont, California. The least-stressed city in America, according to WalletHub, is Freemont, a suburb located on the San Francisco Bay.

Where is the cheapest place for seniors to live? ›

23 Cheap Places Where You Will Want To Retire
  • Tulsa, Oklahoma. ...
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  • Sherman, Texas. Cost of living for retirees: 13.0% below U.S. average. ...
  • St. George, Utah. ...
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Where is the safest place to live in the US? ›

35 Safest Places to Live in the U.S. in 2023
  • Milwaukee, Wisconsin. Insider Monkey's Crime Rate Per 100,000 Estimate: 11,589. ...
  • Kansas City, Kansas. Insider Monkey's Crime Rate Per 100,000 Estimate: 11,552. ...
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Mar 26, 2023

What is the safest and nicest place to live? ›

Safest Places to Live in the U.S. in 2023-2024
  • Naples, FL.
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  • Lakeland, FL.
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What is the most expensive thing on earth right now? ›

International Space Station: $150 Billion

The most expensive thing in the world is related to the Universe and it is the International Space Station.

What is the cheapest thing of all time? ›

However, some items that have been known for their low price include:
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  • A single piece of paper.
  • A single pencil.

What is most expensive thing on Amazon? ›

Everything About the Only Josh Gibson Single Signed Baseball on Earth – Amazon's Most Expensive Item! The Josh Gibson single signed baseball is a one-of-a-kind find on Amazon's sports memorabilia outlet.

What is the calmest state? ›

Maine is the most peaceful state in the U.S. for the 11th year in a row, Louisiana is the least peaceful. The Northeast continues to be the most peaceful region with three of the five most peaceful states. The South is once again the least peaceful region in America, with four of the five least peaceful states.

What are the friendliest cities to live in? ›

The 10 Friendliest Cities in the U.S.
  1. Savannah, Georgia. Earning the top spot among the friendliest cities in the U.S., Savannah made quite an impression on travelers this past year.
  2. Charleston, South Carolina. ...
  3. Alexandria, Virginia. ...
  4. Honolulu, Hawaii. ...
  5. Santa Fe, New Mexico. ...
  6. Tucson, Arizona. ...
  7. Key West, Florida. ...
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Dec 20, 2022

Which New England state to move to? ›

What Is The Best New England State To Live In? New Hampshire is the best New England state to live in for its scenic beauty, access to outdoor activities, robust economy, and low overall tax burden. As a result, its diversity of different lifestyle choices is second to none in the northeast.

What is the most naturally beautiful state in USA? ›

Home to nine national parks (more parks than any other state in the country), California is undoubtedly the most beautiful state in America for natural wonders.

Where do most New Englanders live? ›

Three-quarters of the population of New England, and most of the major cities, are in the states of Connecticut, Massachusetts, and Rhode Island.

What is the poorest state in New England? ›

Maine Poorest State In Ne Per Capita .Poverty Statistics Released By Us Census Bureau . WASHINGTON - A Maine poverty expert said statistics released by the US Census Bureau Wednesday confirm Maine's position as the poorest cousin of the New England family of states.

Is it better to retire in Connecticut or Rhode Island? ›

Connecticut received a 44 for affordability, a 26 for quality of life, and a 3 for healthcare. Rhode Island received a score of 44.95 making it the 40th worse state to retire. Rhode Island received a 39 for affordability, a 39 for quality of life, and a 14 for healthcare.

Where is the cheapest place to live in Rhode Island? ›

Most affordable cities in Rhode Island
  1. Hopkinton. Hopkinton is a town in Rhode Island with a population of 8,112. ...
  2. Cranston. Cranston is a mid-sized city with a population of 80,882 inhabitants. ...
  3. Cumberland Hill. Cumberland Hill is a suburb of Providence with a population of 8,062. ...
  4. Pawtucket. ...
  5. Pascoag.
Feb 16, 2023

Is it cheaper to live in Florida or Connecticut? ›

Considering all the amenities that Florida has to offer, you might be surprised at just how affordable it is. Although the cost of living varies depending on where you live in the state, Florida is much more affordable than many other states. In fact, the cost of living in Florida is about 12% cheaper than Connecticut.

What city in California has the lowest cost of living? ›

Sacramento

Sacramento is the cheapest large city to live in California. It's also the capital of California and one of the state's most diverse cities. It has its own funky local culture and also features easy access to popular destinations like San Francisco and Lake Tahoe.

Where is housing most affordable in USA? ›

1. West Virginia. With a Zillow Home Value Index of $146,578, West Virginia is the most affordable state to buy a house in the US. Despite its low home prices, the state boasts natural beauty and outdoor recreation opportunities, making it an attractive option for homebuyers on a budget.

Where is the cheapest place to live in Colorado? ›

Compared to the rest of the country, Canon City's cost of living is 11.1% lower than the U.S. average and 1.36% lower than the Colorado average. If you're looking for cheap mountain towns in Colorado, Fruita, Trinidad, and Cañon City offer cheap living in Colorado, with a cost of living below the state average.

Where is the cheapest place to live in Washington state? ›

Cheapest Places to Live in Washington State
  • Yakima. The cheapest place to live in Washington State is Yakima. ...
  • Moses Lake. Moses Lake is the second cheapest city to live in Washington State. ...
  • Kelso. Kelso is one of the cheapest cities to live in near the Washington-Oregon border. ...
  • Spokane. ...
  • Pasco. ...
  • Walla Walla. ...
  • Cheney. ...
  • Pullman.
Jan 3, 2023

Is there anywhere affordable to live in the US? ›

Best Places to Live in the U.S.: 10 Most Affordable Cities
  • Brownsville, Texas.
  • Dayton.
  • Wichita Falls, Texas.
  • South Bend, Indiana.
  • Toledo.
  • Erie, Pennsylvania.
  • Fort Wayne, Indiana.
  • Evansville, Indiana.
Mar 20, 2023

What state has the most unaffordable housing? ›

According to worldpopulationreview.com, Hawaii is the most expensive state to live in, with its housing costing three times the national average. New York and California rank as the second and third most expensive states in which to live, respectively.

Which USA city has the cheapest rent? ›

The best cities for affordable rent, summed up
RankCityCost of living (U.S. average=100)
1Little Rock, AR87.70
2Tulsa, OK88.60
3Omaha, NE91.70
4Des Moines, IA92.30
21 more rows
Dec 30, 2022

Where is the best place to buy house in USA? ›

Top 10 Places To Buy A House In The U.S.
  • Tampa, Florida. Tampa, Florida, makes the top of our list for several reasons. ...
  • Atlanta, Georgia. Atlanta, Georgia, has a lot in common with Tampa Bay. ...
  • Jacksonville, Florida. ...
  • Austin, Texas. ...
  • Raleigh, North Carolina. ...
  • Charlotte, North Carolina. ...
  • San Antonio, Texas. ...
  • Dallas, Texas.

Is it cheaper to live in Florida or Colorado? ›

The cost of living in Denver, CO is 18.0% higher than in Tampa, FL. You would have to earn a salary of $70,792 to maintain your current standard of living. Employers in Denver, CO typically pay 6.8% more than employeers in Tampa, FL.

What is the best salary to live in Colorado? ›

The salary needed to live in the Denver area "comfortably" is $70,892, a new study shows.

What is the most peaceful city in Colorado? ›

Boulder, Colorado has recently been called one of the most peaceful places to live in the United States by a list from MoneyINC.com.

Where is the cheapest place to retire in Washington State? ›

Centralia. Centralia is ideal for retirees who are looking for very affordable options. In fact, the housing in Centralia is 70 percent cheaper than the rest of Washington. The Historic Downtown District is the vibrant part of the city.

Is Washington cheaper than Florida? ›

Overall, Washington may be slightly more expensive to live in than Florida. However, you will generally find groceries more affordable in Washington. If you're going back to school, you'll find good institutions in Washington. It's home to the University of Washington, Whitman College, and Gonzaga University.

What is the coldest city in Washington State? ›

Winthrop, Washington, is tied for the coldest temperature ever recorded in the state of Washington. When it comes to the coldest temperatures recorded in Washington state, it's actually a tie between two different towns: Winthrop and Mazama.

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