The pandemic has persuaded most of us to reconsider where we live. A recent poll by YouGov reveals 10% of Americans shifted their homes due to Covid-19 in 2020. Some data shows 25% of Americans relocated in 2020 because of the pandemic.
When choosing a place to live there are several things you must consider. Factors like affordability and housing costs play a vital role. It is important to consider income growth and entrepreneurial activity. Education plays a crucial role in selecting the cheapest city.
The American States that are affordable lie in the South zone. Let us look at the most affordable cities in the U.S. These cities are reasonably priced and the best to live in. Book handyman services.
1. Mississippi
Mississippi is an affordable city in the U.S. The cost of living in this city is 84.8. Considering the housing cost index, the city has 66.7 as compared to the other 50 states. Comparing the average cost of living in Mississippi? It stands at 15% lower than the national average. The minimum wage in this city is $48,537. Mississippi has the most affordable personal necessities as compared to other cities. Looking at housing costs, the city has $795 a month. Mississippi has reasonably priced child care in the country. It costs about $2,869 a year. Necessities like food and health care are the cheapest in Mississippi.
2. Oklahoma
Oklahoma is the second most affordable city to live in America. The city has the lowest housing prices with an average home price at $124,800. Want to reside in this city? You will have to shell out $879 as rent for a two-bedroom apartment. When you consider gas prices, Oklahoma has the lowest ones. The indexes for utility and grocery costs are low. The overall cost of living in Oklahoma City is 15.4%. This is below the national average.
3. Arkansas
Arkansas is the third most affordable city to live in America. The city stands at second-lowest salaries in America. The minimum wage in the city is $49,970. Housing costs in the city are economical. Average residents in Arkansas spend about $708 a month on rent or mortgages. This is nearly half the amount paid by many people. Arkansas has the cheapest median home cost which stands at $128,800. Arkansas take-home pay is $49,970. It is important to consider factors like transport and food. This is when looking for the cheapest places to live in. Arkansas has the cheapest transport and food. Other expenses are low priced and that is why it is among reasonably priced cities to live in.
4. Kansas
The fourth most reasonably priced city in America, Kansas has a low cost of living. The average cost of living in Kansas is about 12.1%. This is the cheapest in comparison to the rest of the country. The average salary in Kansas is about $41,644. Apartment rent is cheap and the city’s median home value is about $137,700. Shell out $821 a month for a two-bedroom apartment in Kansas. Factors like groceries and food are important when looking for cheap cities. Kansas has affordable groceries and food. You have to pay $1.39 for groceries and beef costs less too. Shell out $3.79 for a pound of ground beef.
5. Missouri
Missouri stands in fifth place among the cheapest living cities in America. The city has economical real estate prices. You will have to pay a little more than $200,000 for a four-bedroom home. Grocery prices are cheaper than in other cities. Shell out $1.32 in Joplin for a dozen eggs. The average cost of living in cities like Springfield is 14.1%. This is beneath the national average. The cost of living in Joplin is 17.7%. This is again lower than the national average.
Looking for the most affordable cities to live in? Don’t forget to consider housing, food and income.
