28.8 C
Accra
Tuesday, May 7, 2024

35 Affordable Cities Where You Can Live Comfortably With Extremely Low Cost Of Living In The U.S

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

Read Also Where You Can Anticipate a Cost Of Living Below The National Average – Here Are 14 Cheapest And Best Cities To Live In US

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

Thomas Goodmanhttps://www.talkfinance24.com
Thomas Goodman is a Degree Holder, a prolific Personal Finance writer and Expert. His work has been recognized by Millions of people round the world and the United States precisely. He has since over a decade, helped people to manage and gain full control over their finances through his adequate and concrete write-ups. His Goal is to inform and educate people worldwide on Personal Finance, Budgeting, Banking and Finance, Career Planning and Savings. He loves to Educate people to attain their financial freedom. Reach out to Him personally on [email protected]

Related Articles

Fully Funded || Women for Africa Foundation Learn Africa Scholarship Program 2024/2025 – Apply Now

Women for Africa Foundation Learn Africa Scholarship Program 2024/2025 for Young African Women Applications are currently being accepted for the Women for Africa Foundation Learn...

Fully Funded || Stanford University Knight-Hennessy Scholars Fellowship Program 2025 Cohort – Study In US

Stanford University Knight-Hennessy Scholars Fellowship Program 2025 Cohort The Knight-Hennessy Scholars program annually identifies a group of up to 100 high-achieving students worldwide, demonstrating leadership...

Fully Funded || University of Western Australia Global Excellence Scholarship 2024 – Apply Now

University of Western Australia Global Excellence Scholarship 2024 The University of Western Australia Global Excellence Scholarship Program 2024 presents an enticing opportunity for students worldwide...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

0FansLike
2,815FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Fully Funded || Women for Africa Foundation Learn Africa Scholarship Program 2024/2025 – Apply Now

Women for Africa Foundation Learn Africa Scholarship Program 2024/2025 for Young African Women Applications are currently being accepted for the Women for Africa Foundation Learn...

Fully Funded || Stanford University Knight-Hennessy Scholars Fellowship Program 2025 Cohort – Study In US

Stanford University Knight-Hennessy Scholars Fellowship Program 2025 Cohort The Knight-Hennessy Scholars program annually identifies a group of up to 100 high-achieving students worldwide, demonstrating leadership...

Fully Funded || University of Western Australia Global Excellence Scholarship 2024 – Apply Now

University of Western Australia Global Excellence Scholarship 2024 The University of Western Australia Global Excellence Scholarship Program 2024 presents an enticing opportunity for students worldwide...

Griffith University Scholarships 2024 In Australia |Fully Funded

Griffith University Scholarships 2024 In Australia |Fully Funded Are you looking to pursue higher education in Australia? Explore the enticing opportunities offered by Griffith University...

Fully Funded | Google Generation Scholarship 2024 – Apply Now

Generation Google Scholarship 2024/2025 Looking for a scholarship to support your studies? The Generation Google Scholarship might be the answer. Build your future with Google's...