These Are the 10 U.S. Cities with the Lowest Cost of Living
First tip: Move to a state that starts with an "I."
Childhood is great for many reasons, but it’s hard to argue with the economic perks. Free room and board for 18 years are near impossible to find, no matter your realtor. Adults have to deal with a rental market that has been steadily rising since 1980. But not all regions are equal when it comes to asking price. It is possible to find a place to move where you won’t go broke (just not in these most expensive cities to rent in the U.S.).
Niche, a data analysis company based in Pittsburgh, PA, recently compiled a list of the 25 U.S. cities with the lowest cost of living. The rankings took into account factors like median tax rates, food and fuel costs, and access to affordable housing, all pulled from U.S. Census data. The rankings, with their Census Bureau population estimates as of July 2016, are:
- Fort Wayne, Indiana (264,488)
- Evansville, Indiana (119,477)
- South Bend, Indiana (101,735)
- Topeka, Kansas (126,808)
- Toledo, Ohio (278,508)
- Wichita, Kansas (389,902)
- Akron, Ohio (197,633)
- Cedar Rapids, Iowa (131,127)
- Davenport, Iowa (102,612)
- Springfield, Illinois (115,715)
For a more in-depth look at each city’s census statistics, here are the numbers for cities 1-5 and cities 6-10, respectively. We’ve noted before that Fort Wayne has the lowest median rent in the U.S. ($470 per month for a one-bedroom apartment), but it looks like you pretty much can’t go wrong with Middle America.
Next, learn where the best and worst cities to raise a family are in the U.S.
[Source: Mental Floss]