When choosing a new place to settle, the cost of living is a major consideration. It’s no surprise that a survey of more than 3,000 U.S. residents on the importance of various factors in determining where to live reflected rising consumer concerns about housing affordability and increased cost of goods and services. U.S. News weighted its value at 27% – making it one of the key metrics used to calculate the Best Places to Live ranking.
To pinpoint the most affordable places on the list, we looked at the proportion of the median annual household income that goes toward the average cost to own or rent a home, including the typical cost of utilities and taxes, as well as price parity, which compares the cost of goods and services across the country.
Here are the Best Affordable Places to Live in the U.S.
https://realestate.usnews.com/real-estate/articles/best-affordable-places-to-live-in-the-us