Slide Show | October 2014

See All Slide Shows   Page 1 of 12  

10 Most Affordable Big Cities in the U.S.

slideshow image

Thinkstock

Big cities offer more employment opportunities, more things to do and more people to meet than smaller towns. But they also have drawbacks, from congestion and crime to high costs. That’s why a big city with a small price tag is uniquely appealing, offering urban perks without urban expenses.

We identified the 10 U.S. cities with populations above 250,000 that have the lowest living costs. Cheap living alone doesn’t guarantee a good place to live; we also list household incomes, home values and unemployment rates for each of these cities, so you can focus on the economic factors that are most important to you. In all cases, home values are below the national average, and in most cases jobless rates are better than average. Household incomes in these cities fall below the national average, but in many cases paychecks are solid relative to living costs. Because big-city traffic can impact your quality of life, we even list the average commute times for workers.

Take a look at our 2014 list of the most affordable big cities in America, and decide if one of these cheap places to live makes sense for you.

The Council for Community and Economic Research’s Cost of Living Index is based on annual data from 2013 for 308 urban areas. City populations, household incomes and home values are from the U.S. Census Bureau. Unemployment rates are from the U.S. Bureau of Labor Statistics and indicate the preliminary city rates (not seasonally adjusted) for August 2014. The cities are ranked and listed in reverse order by cost of living.

10 Most Affordable Big Cities in the U.S.

Advertisement

DISCUSS

Permission to post your comment is assumed when you submit it. The name you provide will be used to identify your post, and NOT your e-mail address. We reserve the right to excerpt or edit any posted comments for clarity, appropriateness, civility, and relevance to the topic.
View our full privacy policy


print / view as single page order a reprint
Advertisement
Advertisement