Houses in Las Vegas.

Living In The Most Affordable Cities In America

Anna Baluch4-Minute Read
December 23, 2021

If you’re a young professional, part of a new family, or in search of a way to stretch your money, consider where you live. There’s no denying the high cost of living in New York, San Francisco and Boston. The good news is, there are plenty of cities that are affordable and perfect if you like the idea of affordable housing, reasonable living expenses and plenty of entertainment. Here’s a look at several of the most affordable cities in America.

Buffalo, New York

Buffalo has no shortage of attractions including the Buffalo Zoo, Canalside and Albright-Knox Art Gallery. It also offers cheap housing as the median home price is $76,540. So, if you want to own a home, you can do so without breaking the bank in Buffalo.

As a 30-something-year-old mom of three, Heather Stark was living in Portland, Oregon, in a home that was much too small for her large family. Buffalo gave her the chance to buy the larger space of her dreams without the hefty price tag.

“My family and I moved to Buffalo from Portland for my engineering job,” says Stark. “We live in a much larger home than we’d be able to if we were still in Portland. Plus, we love going to Bills games and actually love the snow.”

Las Vegas, Nevada

Believe it or not, buying a house in Las Vegas is is very affordable – especially if you can stay away from the casinos. There’s no sales tax in Nevada, and transportation, utilities and groceries are much more affordable than they are in other cities.

Restaurant owner and self-professed life-long Manhattanite Peter Klamka had a hard time leaving the Big Apple, but found a new home in Las Vegas.

“The lower income taxes, proximity to Los Angeles and desire for a change of pace brought me to Las Vegas,” says Klamka, “I purchased a restaurant across from the Bellagio called the Blind Pig and continued my work in investing that I was doing at an investment firm in Manhattan. No snow or ice is definitely a plus. The entertainment, like shows and nightlife, is probably better than either New York or LA.”

Greenville, South Carolina

Greenville is a small city with a variety of outdoor recreation opportunities as well as a lovely downtown area for dining, shopping and entertainment. Best of all, the median home price is $150,000 and jobs are always available.

Family brought Karen Condor and her husband to Greenville to visit twice. But so much more made them to stay. “We took the plunge and moved in 2015 after a trip to the area in the thick of summer that confirmed we could handle the heat,” she says.

“We haven’t regretted our decision for a minute,” says Condor. “We have been here for 3 years, and we are still playing tourist. We still love the friendly people, the seemingly limitless dining, nature and cultural choices. And we have even been able to, finally, afford a house!”

Tulsa, Oklahoma

Tulsa boasts a historic downtown and incredible arts scene that you may not find in larger, more expensive cities. Coupled with the fact that its median home price is only $149,000, there are tons of things to do. Attractions from the Gathering Place imaginative playground to Philbrook Museum of Art will always keep you entertained.

If someone told Brandon Neth a few years ago that he and his wife would pack up their dog and belongings to move to Tulsa, he would’ve rolled his eyes and laughed. However, he was offered $10,000 through the Tulsa Remote Program and couldn’t resist the opportunity to get that much closer to his financial goals.

“I moved from the Pacific Northwest and knew that this ‘geo-hack’ would save me thousands of dollars every year,” says Neth. “We're saving in almost every aspect of life and Tulsa is a great city. We have everything we need there, but when we’re looking for something different, we don’t mind spending money to travel. We’re saving more than enough money every month to justify it – it’s a win-win!”

Wichita, Kansas

Although it’s the largest city in Kansas, Wichita offers a friendly, hometown feel and a low cost of living. Its residents use just 25.88% of their household income for mortgage or rent payments, taxes and utilities. If you live in Wichita, you can get to anywhere you’d like in 25 minutes or less!

After a recent divorce, 45-year-old Kelli Foster was ready for a fresh start. She wanted to leave the hustle and bustle of Boston behind and start a new life in a smaller, more affordable area. Her colleague recommend Wichita and she couldn’t be more thankful.

“Wichita is a hidden gem. Not many people know about it, but once you discover it, you wish you found it sooner,” says Foster. “It couldn’t be more affordable and is filled with some of the friendliest, most genuine people you’ll ever meet.”

What Is The Cheapest State To Live In?

Mississippi is the cheapest state to live in. Believe it or not, you can score a three-bedroom home in a city like Jackson for about $50,000. The state also offers ample educational opportunities at its 50-plus technical schools, colleges and universities. In addition, there’s always access to nightlife and entertainment, especially in larger cities like Jackson, Hattiesburg, Biloxi and Gulfport.

Which Is The Most Expensive City To Live In?

If you’d like to make the most of your money, New York City is probably not the place to live. It’s America’s most expensive city to live in, as the cost of living is 120% higher than the national average. Not only is NYC the priciest city in the U.S., it's one of the most expensive cities in the world.

What Is The Most Affordable City In America?

Omaha, Nebraska, is often viewed as the most affordable city in America. It offers tons of employment, education and entertainment opportunities. Plus, the average salary is $65,088 while the median home price is $176,900.

Which US Cities Have The Lowest Cost Of Living?

In addition to the locations we already mentioned on this list, Grand Rapids, Michigan; McAllen, Texas; Rochester, Minnesota; and Davenport, Iowa, have the lowest cost of living. If you live in any of these places, your money is bound to go far.

If you’re in search of a house in a more affordable city, Rocket Mortgage® is an invaluable resource. They can help you obtain financing for the perfect home. Contact them today for more information!

Anna Baluch

Anna Baluch is a freelance writer from Cleveland, OH who enjoys writing about all real estate and personal finance topics. Her work can be seen on LendingTree, Business Insider, Experian and other well-known publications.