Cheapest Places to Live in America

There comes a time when you need to reassess your financial resources and decide whether the cost of living that your city or town extracts from you is worth paying. If it is stretching your budget beyond your means then it is going to take its toll in one or the other form. You may not be suffering right now, but if you are going to retire in near future then start planning the move as soon as possible. On the other hand, you may be thinking about moving because of some health related issues or it may be that you just want to leave your present whereabouts behind at any cost. If there is an urgency about it why not go through a list of cheapest places to live in America. When you think cheapest, does it always mean in terms of dollars or you also take some other factors such as smog, climate, social environment, historical importance of the place, facilities for recreation, education, etc., into account. Aren't these and numerous other things that give each wealthiest as well as cheapest place its character, important to you. Watch out for the crime rate, employment rate, prices of the commodities and maintenance, social security and individual income, sales and property taxes, in general, factors inseparable from any human habitat that can break your heart.

Cheapest Place to Live in America

If you are looking for the economical place to live in, you will definitely not run out of choices because there are many such cities and towns scattered all over America. There are many cheapest places too, to live in America if you have a small budget no bigger than a shoestring.

Pueblo, Colorado
Pueblo is located at the confluence of the Fountain Creek and Arkansas River in Pueblo County, Colorado, United States of America. This semi-arid place that lies in banana belt is the head of the economic and shopping activities for the surrounding 20 counties. The population of Pueblo is around 157,224 and the living in this place is cheaper. The index denoting the cost of living in this city is currently pegged at 84, which is well below national average. Pueblo is also known as the 'Steel City' and boasts more than the average number of medical facilities, retail stores, recreational and business activities. The Pueblo is the home for Colorado State University, Pueblo Community College and the county is proud of its 13 high schools. The median income per household is $40,805 and the average cost of a new house is around $195,014.

Killeen-Temple-Fort Hood, Texas
Home for 379,231 individuals, this metropolitan area, which groups three counties- Coryell, Bell and Lampasas, is located in the central part of the Texas. The index denoting the cost of living in this area is 85 and puts this metro area, well below national average. Unemployment rate for this area hovers near 8 percent and the median income per household is around 46,183. In addition to WalMart, business concerns such as Aegis, Killeen Mall, Fort Hood Exchange, First National Bank, etc., are major employers.

Harlingen, Texas
This strategically placed city in Cameron county in Texas U.S.A., is a prime distribution, industrial and shipping center. Harlingen is an enterprising city and is mainly known for tourism, production of citrus fruit, grain and cotton. Growth of wholesale and retail trade, manufacturing, and service industries have given this city its economic strength. The city is home for 65,466 individuals and per household income is around $30,034. The index denoting the cost of living in this area is pegged at 86 because of which, it is 22.70 percent cheaper here than the U.S.A. average. The price of a new home in Harlingen, on an average, is about $81,500.

Waco, Texas
Waco is located along the bank of Brazos river in McLennan County, Texas U.S.A. It is home of 124,299 individuals and has the best university in Texas i.e., Baylor University. It also features McLennan Community College and Texas State Technical College. Living in this city is 24.80 percent cheaper than the national average as the index denoting the cost of living in this area is pegged at 86. Unemployment rate is approximately 8 percent as against that of U.S.A. (9.10 percent). Median price of a new home in Waco is about $76,600. The city is well-known for Cameron Park Zoo, Waco Mammoth Site, Lake Waco, Dr. Pepper Museum, Grand Lodge of Texas, Mayborn Museum Complex, etc. The main employers in Waco are L-3 Communications, H-E-B, WalMart, Sanderson Farms, Inc., etc.

Fayetteville, Arkansas
Named in honor of French General Lafayette, who took part in the American Revolutionary War on the American side, this city is home for 71,887 individuals. Forbes magazine has cited Fayetteville as the perfect area to ride out the current recession. The city is home for University of Arkansas and is well appreciated for low cost of living, business overheads and educational accomplishments. The average cost of a new house in this city is approximately $155,700. Its crime as well as unemployment rate (6 percent) are low. In addition to the WalMart, companies like Dillard's, Tyson Foods, Murphy Oil, Arkansas Western Gas, City of Fayetteville, Superior Industries, Ayrshire Electronics and the Arvest Bank are major employers. Fayetteville is famous for its trails systems that are well equipped with the bridges and boasts a pedestrian tunnel. These trails are also bicycle-friendly and caters to a large area.

Some other cheap places to live in America are:

• Fort Smith, Arkansas
• Springfield, Illinois
• Austin, Texas
• Springfield, Missouri
• Conway, Arkansas
• Pryor Creek, Oklahoma
• Cookeville, Tennessee

With these great choices for the cheapest place to live in America, I am sure you have picked the one suitable to you. So, make the right choice as America is a lovely place to live in! The rule of thumb says that living near the coast is costlier than living in the interior of any country. For an American looking for a cheap place to live in, moving to Midwest may turn out to be a wise decision.