35 Best Cities To Live In With Low Cost Of Living
Best cities to live in with low cost of living – The majority of Americans, regardless of income level, have experienced the effects of recent high inflation on the prices of the items and services you frequently purchase. But where you reside can also matter if you’re having financial trouble. If you live in an area with a high cost of living, it may be difficult to stretch even a large wage far enough to cover your basic expenses and still have money left over for savings and a little fun. Therefore, it might be time to relocate to a more economical places.
Top Cities Where You Can Live Comfortably
TalkFinance24 evaluated living costs in 150 of the biggest U.S. cities to identify the 35 best cities to live in with low cost of living, where you can live comfortably, in order to assist you identify the cheapest areas to live. The 50/30/20 budgeting rule, which allocates 50% of income to essentials, 30% to discretionary spending, and 20% to savings, served as a general framework. Rent, groceries, utilities, transportation, and medical expenses were used as essentials. The city with the lowest overall cost of living, at number one, was used to calculate the total income required by doubling the cost of needs.
To find out how much money you’ll need in these best cities to live in with low cost of living in the Us, keep reading.
Read Also 3 Best Cities In Northeast To Retire Comfortably With Minimal Cost Of Living
6 Best States In The U.S Where Retirees Can Buy Cheaper Property
5 Best And Affordable Retirement Communities In The US To Consider For Retirement
35 Best Cities To Live In With Low Cost Of Living
35. Aurora, Illinois
One of the best cities to live in with low cost of living in the Us.
•Total annual cost of living: $29,154.56
•Annual income needed: $58,309.13
34. Chattanooga, Tennessee
•Total annual cost of living: $29,110.77
•Annual income needed: $58,221.54
33. Kansas City, Missouri
•Total annual cost of living: $28,873.02
•Annual income needed: $57,746.05
32. Columbus, Ohio
•Total annual cost of living: $28,866.75
•Annual income needed: $57,733.49
31. Cincinnati, Ohio
•Total annual cost of living: $28,558.75
•Annual income needed: $57,117.50
Read Also 12 Affordable And Middle-Class-Friendly States In The US
30. Corpus Christi, Texas
Corpus Christi in Texas is one of the best cities to live in with low cost of living.
•Total annual cost of living: $27,983.98
•Annual income needed: $55,967.97
29. Oklahoma City
•Total annual cost of living: $27,801.17
•Annual income needed: $55,602.34
28. Indianapolis
•Total annual cost of living: $27,671.95
•Annual income needed: $55,343.90
27. Milwaukee
•Total annual cost of living: $27,426.58
•Annual income needed: $54,853.16
26. Mobile, Alabama
•Total annual cost of living: $27,272.03
•Annual income needed: $54,544.06
25. Greensboro, North Carolina
•Total annual cost of living: $27,228.76
•Annual income needed: $54,457.51
24. Laredo, Texas
•Total annual cost of living: $27,228.76
•Annual income needed: $54,457.51
23. Winston-Salem, North Carolina
Winston-Salem in North Carolina is one of the best cities to live in with low cost of living.
•Total annual cost of living: $26,913.65
•Annual income needed: $53,827.30
22. Lubbock, Texas
•Total annual cost of living: $26,896.00
•Annual income needed: $53,791.99
21. Wichita, Kansas
•Total annual cost of living: $26,850.45
•Annual income needed: $53,700.90
Read Also 10 Affordable And Beautiful Cities To Retire On The East Coast
20. St. Louis
•Total annual cost of living: $26,810.56
•Annual income needed: $53,621.12
19. El Paso, Texas
•Total annual cost of living: $26,782.30
•Annual income needed: $53,564.59
18. Tulsa, Oklahoma
•Total annual cost of living: $26,603.23
•Annual income needed: $53,206.46
17. Fayetteville, North Carolina
•Total annual cost of living: $26,579.74
•Annual income needed: $53,159.48
16. Rochester, New York
•Total annual cost of living: $26,438.91
•Annual income needed: $52,877.82
15. Fort Wayne, Indiana
Fort Wayne in Indiana is one of the best cities to live in with low cost of living.
•Total annual cost of living: $26,388.64
•Annual income needed: $52,777.27
14. Des Moines, Iowa
•Total annual cost of living: $26,322.87
•Annual income needed: $52,645.75
13. Little Rock, Arkansas
•Total annual cost of living: $26,203.00
•Annual income needed: $52,406.00
12. Detroit
•Total annual cost of living: $26,174.91
•Annual income needed: $52,349.83
11. Augusta, Georgia
•Total annual cost of living: $25,861.85
•Annual income needed: $51,723.71
Read Also Retire Here! 10 Best Small Towns In U.S with Low-cost Of Living To Retire
10. Amarillo, Texas
Amarillo in Texas is one of the cities with low cost of living in the Us.
•Total annual cost of living: $25,694.05
•Annual income needed: $51,388.10
9. Montgomery, Alabama
•Total annual cost of living: $25,372.99
•Annual income needed: $50,745.98
8. Memphis, Tennessee
•Total annual cost of living: $25,241.81
•Annual income needed: $50,483.63
7. Columbus, Georgia
•Total annual cost of living: $25,117.72
•Annual income needed: $50,235.43
6. Brownsville, Texas
•Total annual cost of living: $24,678.68
•Annual income needed: $49,357.37
5. Birmingham, Alabama
Birmingham in Alabama is one of the best cities with low cost of living in the Us.
•Total annual cost of living: $24,439.12
•Annual income needed: $48,878.25
4. Shreveport, Louisiana
•Total annual cost of living: $24,373.68
•Annual income needed: $48,747.35
3. Toledo, Ohio
•Total annual cost of living: $22,308.57
•Annual income needed: $44,617.14
2. Cleveland
•Total annual cost of living: $21,710.15
•Annual income needed: $43,420.29
1. Akron, Ohio
Akron in Ohio is one of the best cities with low cost of living in the Us.
•Total annual cost of living: $21,631.90
•Annual income needed: $43,263.79
Disclaimer
Kindly Join Our Community For More Updates!
Read More…
10 Affordable Universities In Canada For International Students With Fully-Funded Scholarship Offers
11 Quick Strategies: This Is How To Build a 6-Month Emergency Fund According To Financial Experts
10 Countries With The Most Easiest Work Visa Processes For Applicants