We all know how expensive living in the United States can be, with the average price of rent being close to $3,000 in cities like Los Angeles. If you’re not in the position to be paying high prices for rent but still want to live in a city with a high quality of life, you’re in luck because we have found the most affordable cities to live in the US. These cities all offer affordable rent and have amazing things to offer, from historic sites to rich cultural scenes. Keep reading to find out which affordable US city you could call your new home.
Memphis, Tennessee
Memphis is the second largest city in Tennessee with a population of about 655,000, not to mention the birthplace of rock and roll! Not only is Memphis affordable, with the cost of living being 19% lower than the national average and the average housing price being $93,700, but it also offers a variety of amazing things to do. From delicious Memphis BBQ to a rich cultural music scene, this city is an ideal town to live in for someone who wants the best of both worlds in terms of affordability and fun.
Indianapolis, Indiana
Indianapolis is a city in Indiana that is home to top universities, incredible cultural attractions, premier sporting events, and the friendliest of neighbors. The population is above 880,000, and the cost of living is about 14% lower than the national average, with an unemployment rate of 2.6%. Healthcare, tourism, and sports are among the major businesses in Indianapolis, which has seen significant job growth over the past few years. The median monthly cost for a homeowner with a mortgage is $1,230. Indianapolis is a great place to live if you’re looking to raise a family because it is known for its great education and friendly people!
Louisville, Kentucky
Louisville, Kentucky, also known as the Bluegrass State, boasts one of the most affordable housing markets in the US. The median home price is about $206,000, which is significantly lower than the national average ($291,700). The population of Louisville is 600,000 people, making it a medium/large sized city. Louisville is known for its rich history and cultural scene, with many historic sites and museums, as well as a thriving arts community. Not only that, but they are known for having top quality education and a growing culinary scene. The city also has beautiful nature, for any outdoorsy people.
Wichita, Kansas
Wichita is a city in Kansas with a population of about 390,000 people. The city has a cost of living that is about 16% lower than the national average, making it one of the most affordable cities to live in the US. The average price of a house in Wichita is $137,000. The city is known as the “Air Capital of the World”, because it is the birthplace of some of the most famous aircraft manufacturers, including Stearman Aircraft, Cessna, and Beechcraft.
Buffalo, New York
Buffalo is a city in western New York that is known for its low cost of living. The city has a population of about 258,000 people and a cost of living that is about 21% lower than the national average. The average cost of a home in Buffalo is about $117,000, making it one of the most affordable cities in the US. Buffalo, New York, is known for having a low unemployment rate and a diverse economy, which makes it a great place to live and work.
Toledo, Ohio
Toledo is another city in the Midwest with a low cost of living. The city has a population of about 275,000 people and a cost of living that is around 16% lower than the national average. Toledo has a low housing market, with the average cost of a home being about $92,000. Like Buffalo, Toledo has a growing economy and a high employment rate, fairing out to be a great city to plant your roots in.
Conclusion
To sum up, you don’t need to go to LA or San Francisco to live in a fun and bustling city. There are a ton of affordable cities in the US that are also rich in culture, cuisine, sports scenes, and music. There is a city out there for everyone, whether it be in Buffalo, New York, or all the way in Louisville, Kentucky. Whichever one you choose; you can count on enjoying a great quality of life at an affordable price.