10 of the Most Affordable Places to Live in the United States

In an era of rising living costs, finding affordable places to call home has become increasingly important for many Americans. Fortunately, there are still numerous cities across the country that offer a high quality of life without breaking the bank. This article explores 10 of the most affordable places to live in the United States, focusing on communities that provide a balance of affordability and livability.

1. Fort Wayne, Indiana

Median Home Price: $289,900

Cost of Living: 18% lower than national average

Fort Wayne, the second-largest city in Indiana, stands out as one of the most affordable places to live in the country. The city's cost of living is significantly lower than the national average, allowing residents to stretch their dollars further. With its low crime rates and quality school systems, Fort Wayne presents an attractive option for families and young professionals alike.

2. Wichita, Kansas

Median Home Price: $299,990

Cost of Living: 17% lower than the national average

Known as the "Air Capital of the World" due to its strong aerospace industry, Wichita offers a combination of affordable living and economic opportunities. The city offers a low cost of living, excellent schools and a variety of outdoor recreational opportunities.

3. Springfield, Missouri

Median Home Price: $279,950

Cost of Living: 16% lower than the national average

Springfield, the third-largest city in Missouri, offers a small-town feel with big-city amenities at an affordable price point. The nearby Ozark Mountains offer ample opportunities for outdoor recreation, contributing to the high quality of life enjoyed by Springfield residents.

4. Davenport, Iowa

Median Home Price: $217,500

Cost of Living: 17% lower than the national average

Situated along the Mississippi River, Davenport is part of the Quad Cities metropolitan area and offers affordable living in a picturesque setting. The city's riverfront location provides numerous recreational opportunities, including parks, trails, and water activities. Davenport's commitment to the arts is evident in its many museums, theaters and cultural events - offering residents a rich cultural experience at an affordable cost.

5. Little Rock, Arkansas

Median Home Price: $290,000

Cost of Living: 19% lower than the national average

As the capital and most populous city of Arkansas, Little Rock combines affordability with a wealth of urban amenities. Little Rock's natural beauty, including numerous parks and the Arkansas River Trail, provides ample opportunities for outdoor recreation and contributes to the city's high quality of life.

6. Oklahoma City, Oklahoma

Median Home Price: $200,000

Cost of Living: 14.5% lower than the national average

Oklahoma City, the capital and largest city of Oklahoma, offers a unique blend of affordability and big-city amenities. Oklahoma City has invested heavily in urban development in recent years, with projects like the Bricktown Entertainment District and the Oklahoma River improvements enhancing the city's appeal.

7. South Bend, Indiana

Median Home Price: $207,000

Cost of Living: 21% lower than the national average

Home to the University of Notre Dame, South Bend offers affordable living with a strong emphasis on education and innovation. The city's downtown area has seen significant revitalization, with new businesses, restaurants and cultural venues adding to its appeal. South Bend's affordability, combined with its strong educational institutions and partnership with MakeMyMove which helps attract remote workers to the community, makes it an attractive option for students, young professionals and families.

8. Rockford, Illinois

Median Home Price: $165,000

Cost of Living: 21% lower than the national average

Located about 90 miles northwest of Chicago, Rockford offers affordable living within reach of a major metropolitan area. Rockford's affordability, combined with its proximity to Chicago and its growing job market, makes it an attractive option for those seeking a balance between small-city living and big-city opportunities.

9. Indianapolis, Indiana

Median Home Price: $270,000

Cost of Living: 21% lower than the national average

As the capital and largest city of Indiana, Indianapolis offers a unique combination of affordability and big-city amenities. The city is known for its sports culture, hosting major events like the Indianapolis 500 and numerous professional sports teams. Indianapolis's downtown area is vibrant and walkable, offering a mix of cultural attractions, restaurants and entertainment venues. Remote workers can also qualify for up to $2,500 for relocation.

10. Tulsa, Oklahoma

Median Home Price: $275,00

Cost of Living: 15% lower than the national average

Rounding out our list is Tulsa, Oklahoma's second-largest city, which offers affordable living in a culturally rich environment. The city has invested heavily in urban development in recent years, with projects like the Gathering Place Park and the revitalization of the Arts District enhancing its appeal. Tulsa is also offering remote workers $10,000 to relocate there through MakeMyMove.

These 10 cities demonstrate that affordable living is still attainable in the United States. Each offers a unique blend of affordability, job opportunities, and quality of life, making them attractive options for those looking to maximize their budget without compromising on lifestyle. As housing costs continue to rise in many major metropolitan areas, these affordable cities are likely to see increased interest from those seeking a better balance between cost of living and quality of life.

*Median home price based on pricing from Realtor.com

**Cost of Living calculations from https://www.bestplaces.net/