The cheapest place to live in the USA is in the suburban areas, for example, Fort Wayne, Indiana, and Brownsville, Texas. The cost of living in the US varies depending on the level of urbanization that has been achieved and is still in the process. Highly urbanized states are relatively expensive to live in due to the high demand for goods and services without a matching level of supply. A highly populated state has high prices of goods and services to ensure a balance. When the prices remain low with a high population, there might not be enough products to sell in the long run.
The Cheapest Places To Live In The US
- Texas. It is highly affordable to live in Texas, especially in rural areas like Brownsville and Beaumont. Texas has a low population which has led to a steady supply and demand chain. A good number of Texans depend on farm produce for sustenance.
- Tennessee. The prices of goods and services may be relatively high in Tennessee but the price of owning a house and rent is low compared to other states.
- Mississipi. The cost of owning or leasing an apartment in Mississippi is the lowest compared to other states in the US. These prices may increase depending on the proximity to urban centers but are still cheap in relation to other states in the USA.
Above are the top three cheapest places to live in the US. However, there are other low-cost places to live in USA e.g. Indiana, North Carolina, and Ohio among other places. The major cities in the US are the most expensive places to live e.g. Los Angeles, New York, Atlanta, and Washington DC among other cities.
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