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Economy -> Markets and Finance
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What is the most affordable city to live in based on cost of living and housing prices?
Hey friend,
When it comes to the most affordable city to live in based on the cost of living and housing prices, there are a few different options that I've come across in my research. I think it really depends on what your priorities are and what kind of lifestyle you're looking for.
One city that is often cited as being very affordable is Louisville, Kentucky. According to Numbeo, the cost of living in Louisville is more than 21% lower than the national average, and housing prices are also quite low. In addition, Louisville has a really strong cultural scene and a lot of great restaurants, bars, and entertainment options. It's also located in the beautiful state of Kentucky, which offers plenty of opportunities for outdoor activities like hiking and camping.
Another city that is often mentioned as being very affordable is Columbus, Ohio. Columbus is the state capital and has a lot of great neighborhoods, including some that are very affordable. According to NerdWallet, the cost of living in Columbus is more than 15% lower than the national average, and housing prices are quite low as well. Columbus is also home to several colleges and universities, which gives it a bit of a youthful vibe.
If you're looking for something on the West Coast, one city that might be worth considering is Boise, Idaho. Boise has been growing rapidly in recent years, but it still has a relatively low cost of living compared to other major cities in the region. According to Numbeo, the cost of living in Boise is more than 10% lower than the national average. Boise also has a lot of great outdoor activities to offer, including skiing, hiking, and whitewater rafting.
Other cities that are often mentioned as being affordable include Memphis, Tennessee; Kansas City, Missouri; and Oklahoma City, Oklahoma. Each of these cities has a unique culture and vibe, so it's worth doing some research to figure out which one might be the best fit for you.
Ultimately, I think the most important thing is to figure out what you're looking for in a city and what kind of lifestyle you want to lead. Once you have a good sense of that, it should be easier to narrow down your options and find a city that is affordable and suits your needs.
Hope that helps!
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