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15 Cheapest U.S. Cities To Live In

Cheapest U.S. Cities To Live In

Published on January 22nd, 2022

It’s the middle of America. It’s got some big cities, small towns and plenty in between. What is it? Why it’s the Midwest!

The country’s heartland has vast plains, rolling hills, and hard-working Americans forging lives for themselves all across this great country.

What is one of America’s cheapest places? There are quite a few options to choose from when looking for low-cost cities with affordable housing prices in which to settle down or retire. Let us count them off for you:

1. Toledo, Ohio

Toledo ranked number three on Nerd Wallet’s list of the best large metro areas to retire. Some sources cited this northwest Ohio town’s affordable housing prices, low crime rates, and low home taxes as reasons to retire here.

2. Myrtle Beach, South Carolina

The only city on our list from the east coast, Myrtle Beach, offers a sunny climate year-round and affordable housing with a living cost index of about 80% of most other American cities.

This is also an area that benefits from tourism. Entertainment seekers flock here every summer, bringing plenty of spending cash to spend at local businesses. Living in Myrtle Beach can be your next dream.

3. Oklahoma City, Oklahoma

This capital city ranked number nine on Nerd Wallet’s best places to retire. A low cost of living along with a mild climate and the nation’s lowest crime rate were cited as reasons for retiring here.

4. Detroit, Michigan

Last but not least on our list is Motor City through a housing boom. Detroit has turned around its bad rap in the past few years due to decreased crime rates and investment from private developers.

The city’s cost of living ranks 38th out of 100 cities surveyed by Nerd Wallet, making it one of the cheapest places to live in America!

Did you know that Detroit is experiencing a housing boom? In the past few years, the city has been able to push crime rates down and attract new home buyers from out of state.

5. Little Rock, Arkansas

There’s a reason why AARP calls Little Rock a great place to retire. This city in central Arkansas is affordable, with living costs about 8% lower than other states. So if you’re interested in the arts or want access to dramatic views of your natural surroundings, consider moving here where culture and nature meet!

6. Fort Wayne, Indiana

According to Nerd Wallet’s full ranking of best places for retirees, Fort Wayne ranks low on crime and high on amenities. In addition, it is noted that housing prices are fair for the nation at large.

7. Dayton, Ohio

This city in southwestern Ohio serves as an excellent So if place for retirees on a budget because it is affordable.

In addition to affordable housing and low crime rates, AARP calls this little city one of the best places to retire. Home to more than four colleges and universities, there’s also plenty of opportunity for young people here as well!

8. Rochester, New York

Located near Lake Ontario and Seneca Lake, Rochester has been named one of the most promising cities by AARP.

It’s also been featured on many other reputable rankings lists, including Nerd Wallet’s article on the best places to retire. This upstate New York town boasts the cost of living at around 81% of the American average

9. Rockford, Illinois

Located in the northern part of Illinois between Chicago and Milwaukee lies Rockford. This mid-sized city claims the fourth spot on Nerd Wallet’s list due to its inexpensive rent, affordable groceries, and cheap domestic beers.

The average household income is also higher than most other cities on our list, but that doesn’t mean it isn’t still inexpensive compared to most big cities!

10. Cincinnati, Ohio

Cincinnati claims the number five spot for its affordability across all categories (housing, utilities, groceries). Another plus? It ranks highly (ninth) for its percentage of non-fast food restaurants.

11. Kansas City, Missouri

This midwestern city made the number six spot thanks to its reasonable housing prices, low grocery bills, and lower insurance rates than most other large cities. Oh, Kansas City claims to be one of the healthiest cities in America too!

12. El Paso, Texas

Number seven on Nerd Wallet’s top 10 inexpensive places to retire in El Paso due to having some of the lowest (and even some of the highest) rent and mortgage prices in America. It also has a lower median home price than most metro areas and boasts an excellent, sunny climate.

13. Dayton, Ohio

This Ohio town takes the number eight spot due to its low utility costs and affordable housing prices. The average home price here is only $80,000, and rent for one-bedroom apartments starts as low as $400.

Dayton also makes our list of the best business places. So yes, it’s true what they say — everything is bigger in Texas.

14. Buffalo, New York

Buffalo rounds out our top 10 list due to its competitive housing prices and excellent recycling rate of 47%! Less than half of the city’s waste goes to landfills. There are plenty of educational opportunities here as three colleges and universities call Buffalo home.

15. Grand Rapids, Michigan

As Nerd Wallet’s number nine place for retirees, Grand Rapids made a list due to its high score for amenities and its low cost of living.

This town in southwestern Michigan also scored high for health and well-being, essential to retirees who want to stay active!

The list goes on and on but remember: the purpose is to show you where you can enjoy your retirement years without breaking the bank. So, if you’re looking to travel at a moment’s notice, keep it light by beginning with these destinations.

As always, we recommend that you sit down and create a budget before you go anywhere or make any significant changes in your life.