This article looks at the 5 cheapest places to live in the US in 2024. If you wish to read our detailed analysis of the cost of living crisis in the United States, you can head over to the 30 Cheapest Places To Live In The US in 2024.
5. Peoria, Illinois
Cost of Living Index: 75.6
Peoria, located on the Illinois River, is a major agricultural trading center and has a large produce of corn, soybeans, and livestock. The city’s robust economy, coupled with its low cost of living, makes it one of the best places to live in the US. According to Best Places, for every $100 you spend on housing on average in the US, it costs only $33.3 in Peoria.
4. Harlingen, Texas
Cost of Living Index: 74.9
Harlingen is a vibrant city in the heart of the Rio Grande Valley in Texas, that offers a great blend of Mexican and American culture. Not only is it a cheap place to live in terms of the cost of living, it is also highly safe, which makes it a perfect place to relocate to if you are looking for affordable living.
3. Brownsville, Texas
Cost of Living Index: 74.9
Brownsville is one of the cheapest places to live in the US in 2024. While it has the same cost of living as Harlingen, it beat the latter on liveability. The city is part of the Matamoros–Brownsville metropolitan area and is known for its subtropical climate and diverse culture. It is also home to a deep-water seaport, that is connected to the Gulf of Mexico.
2. Youngstown, Ohio
Cost of Living Index: 74.4
Youngstown is the county seat of Mahoning County in Ohio. It is the principal city of the Youngstown–Warren metropolitan area, which is the seventh largest metro area in the state. The city was traditionally known for steel production before the US steel industry went into decline during the 1970s. It is still home to several steel manufacturing operations, though not to the extent of the past. Youngstown is considered one of the cheapest places to live in the US with a cost of living 25.6% below the national average.
1. Amarillo, Texas
Cost of Living Index: 73.6
Amarillo tops the list for cheapest places to live in the US in 2024, with a cost of living index of 73.6, according to Best Places, which is considerably below the national average. Housing in the city is nearly half as expensive as on average elsewhere in the country. Costs associated with grocery and transportation are also on the lower side. The vibrant city has plenty to offer for almost everyone, ranging from state parks like the Palo Duro Canyon to sites like the Panhandle-Plains Historical Museum for history enthusiasts.
If you wish to check out our detailed report on other affordable places to live in America, you may go to 30 Cheapest Places To Live In The US in 2024.
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