5 Best Places to Live With Lots of Jobs and Cheap Housing

2. Iowa

Insider Monkey’s Score: 15

Iowa is a Midwestern state with a population of 3.1 million people. It joined the Union in 1846. Iowa has often received laurels for its vibrant business environment. The state also has a strong manufacturing industry, with large industrial and consumer goods companies having a presence in Iowa. Apart from manufacturing, there are several insurance and financial firms in the state as well. The median income in Iowa sits at $72,429 according to the Federal Reserve.