Cost of Living in America

There are a few different factors that can contribute to the overall cost of living in a particular state or city, including the cost of housing, groceries, healthcare, transportation, and taxes. With that in mind, here are a few states and cities that are generally considered to be relatively affordable places to live in the United States:

States:

  • Mississippi is often ranked as one of the most affordable states in the country due to its low costs for housing, groceries, and healthcare.
  • Arkansas is another state with a relatively low cost of living, particularly for housing and groceries.
  • Oklahoma has a cost of living that is lower than the national average, particularly for housing and transportation.
 

Cities:

  • Toledo, Ohio is known for its affordable housing prices and low costs for healthcare and transportation.
  • Wichita, Kansas is another city with relatively low costs for housing, groceries, and healthcare.
  • Grand Rapids, Michigan is often cited as a relatively affordable city to live in, particularly for housing and groceries.
It’s worth noting that the cost of living can vary significantly within a state or city, so it’s always a good idea to do some research and compare prices before making a decision about where to live.

Best Places to Live in America

Laura Begley Bloom Forbes Magazine

10 Most Affordable Cities

  1. Fort Wayne, Indiana

  2. Wichita Falls, Texas

  3. Brownsville, Texas

  4. South Bend, Indiana

  5. Dayton, Ohio

  6. Toledo, Ohio

  7. Evansville, Indiana

  8. Buffalo, New York

  9. Beaumont, Texas

  10. Akron, Ohio

Access the full list here.

10 Best Cities

  1. The Woodlands, Texas

  2. Cambridge, Massachusetts

  3. Naperville, Illinois

  4. Arlington, Virginia

  5. Overland Park, Kansas

  6. Ann Arbor, Michigan

  7. Columbia, Maryland

  8. Berkeley, California

  9. Plano, Texas

  10. Irvine California

Access the full list here.

10 Best Neighborhoods

  1. City Center — Santa Monica, California

  2. Cottonwood Creek South — Richardson, Texas

  3. Hyde Park – Spanishtown Creek — Tampa, Florida

  4. Harbour Island — Tampa, Florida

  5. Radnor/Fort Myer Heights — Arlington, Virginia

  6. Ocean Park — Santa Monica, California

  7. University South — Palo Alto, California

  8. Park Lake/Highland — Orlando, Florida

  9. Mid-City — Santa Monica, California

  10. Sammamish Valley — Redmond, Washington

Access the full list here.

The Best Cities for Young Professionals

  1. Hell’s Kitchen, New York City

  2. Nolita, New York City

  3. Telegraph Hill, San Francisco

  4. Center Square, Albany, NY

  5. Showplace Square, San Francisco

  6. Downtown Orlando, Florida

  7. Arena District, Columbus, Ohio

  8. The Port, Cambridge, Massachusetts

  9. South Lake Union, Seattle, Washington

  10. Murray Hill, New York City

Access the full list here.

RankStateReal Estate Tax RateAverage Home PriceAnnual Property Tax
1Hawaii0.28%$615,300$606
2Alabama0.41%$142,700$895
3Colorado0.51%$343,300$1,113
4Louisiana0.55%$163,100$1,187
5District of Columbia0.56%$601,500$1,221
6South Carolina0.57%$162,300$1,238
7Delaware0.57%$251,100$1,240
8West Virginia0.58%$119,600$1,269
9Nevada0.60%$267,900$1,310
10Wyoming0.61%$220,500$1,319
11Arkansas0.62%$127,800$1,358
12Utah0.63%$279,100$1,362
13Arizona0.66%$225,500$1,446
14Idaho0.69%$212,300$1,492
15Tennessee0.71%$167,200$1,548
16California0.76%$505,000$1,644
17New Mexico0.80%$171,400$1,740
18Mississippi0.81%$119,000$1,751
19Virginia0.82%$273,100$1,779
20Montana0.84%$230,600$1,818
21North Carolina0.84%$172,500$1,833
22Indiana0.85%$141,700$1,853
23Kentucky0.86%$141,000$1,866
24Florida0.89%$215,300$1,934
25Oklahoma0.90%$136,800$1,952
26Georgia0.92%$176,000$2,006
27Missouri0.97%$157,200$2,111
28Oregon0.97%$312,200$2,116
29North Dakota0.98%$339,000$2,138
30Washington0.98%$193,900$2,134
31Maryland1.09%$314,800$2,370
32Minnesota1.12%$223,900$2,429
33Alaska1.19%$270,400$2,599
34Massachusetts1.23%$381,600$2,667
35South Dakota1.31%$167,100$2,857
36Maine1.36%$190,400$2,953
37Kansas1.41%$151,900$3,060
38Michigan1.54%$154,900$3,343
39Ohio1.56%$145,700$3,390
40Iowa1.57%$147,800$3,407
41Pennsylvania1.58%$180,200$3,442
42Rhode Island1.63%$261,900$3,548
43New York1.72%$313,700$3,749
44Nebraska1.73%$155,800$3,754
45Texas1.80%$172,500$3,907
46Wisconsin1.85%$180,600$4,027
47Vermont1.90%$227,700$4,135
48Connecticut2.14%$275,400$4,658
49New Hampshire2.18%$261,700$4,738
50Illinois2.27%$194,500$4,942
51New Jersey2.49%$335,600$5,419