5 Most Affordable Major Cities in the U.S.

3. Augusta, Georgia

Cost of living: 13% below U.S. average
Median home price: $236,307

Augusta might not be a good alternative to a big city initially but offers a lot once settled in. The city is loved for plenty of parks, quality education, minimal commute, and affordable housing. The housing expenses are 32% lower than the national average with a median rent of over $740. Moreover, Augusta is also home to the manufacturing companies like Graphic Packaging Holding Company (NYSE: GPK) and Kellogg Company (NYSE: K). With a population of 127,139 people, the unemployment rate of the city stands at 4.1%.

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