Cost of Living Index: 87
Metro Population: 417,635
Median Household Income: $41,632
Average Home Price: $222,830
The third largest city in Missouri after St. Louis and Kansas City, Springfield shares a distinction with Fayetteville, Ark., 90 miles to its south, in having exceptionally low living costs. The average home price is lower than four other higher-ranked cities on our least-expensive list. Apartment rents average $629. Food is inexpensive, as are utilities, which are second-cheapest among the cities on our list (only Springfield, Ill., has lower utilities). The resort town of Branson is also a short drive to the south.