With the current economy a lot of potential home buyers are looking at the prospects of finding the cheapest place to live. The east and west coast areas are more expensive considering living costs and home prices. The most affordable and even cheap areas to live in can be found in the mid-western states. The mid-west areas are beautiful and rich in culture. The cheapest cities in the United States can be places like Nebraska, Michigan, Detroit, Houston, Indianapolis, Cincinnati, Ohio, Minnesota, Cleveland, Oklahoma and St. Paul. These are just some of the cheapest places to live.
In most of these cities an average mortgage can vary from $150,000 and more. The rental properties range from $400 and up for a standard apartment of two bedrooms. It is true that the average salaries here are not as high as in other parts of the country, but living costs in the mid-west are far lower. As Forbes writer Francesca Levy points out: “Just because you can get by on the cheap doesn’t mean these places are backwaters.” One can add that some of the most expensive cities in the world are not necessarily the best places to live in.
“Cheapest Places to Live “top ten list offers some great places to live in. Nashville, Tennessee is listed in the 5th place. Most Americans consider Nashville as a great place to live in and even to stay there for a holiday. This music city is certainly a top spot for American culture and entertainment. Austin, Texas in 10th place is a popular place to live in. Austin has become one of the nations leading hot spots for the high-tech industry so not only is the cost of living low – the job prospects are great and getting better every day.
To find a “cheaper” place is ideal for retirement, first time homebuyers, anyone who has a tight budget or who wants to live financially more comfortable on an average income.
