The Most Affordable Cities to Live
When you talk about affordable cities, cheaper is not always better. In many cases you have to deal with drawbacks like crime, low home values, high unemployment and high congestion, which can be very unappealing to many people who want to live in urban areas without paying those large urban expanses. However, affordable cities to live can be found that have low crime, great home values, low unemployment and low congestion, making them very appealing.
Recently, CNN Money identified the top US cities with population over 250,000 that are affordable cities to live. The home values are great, crime is low, congestion is low, and unemployment is low when compared to other cities of the same size around the nation. They also offer awesome urban perks without those high prices. Tulsa and Oklahoma City both made the list for most affordable places to live.
Tulsa and Oklahoma City both made the list because of the following criteria:
√ Cost of living: 11.7% below U.S. average
√ City population: 398,121
√ Median household income: $40,781
√ Median home value: $121,700
√ Unemployment rate: 4.5%
√ Average commute to work: 18.3 minutes
Tulsa real estate has over 140 parks that are spread over 6,000 acres. Woodward Park is the most notable. It is a very popular 45 acre park located in midtown. It also doubles as a botanical garden that features the Tulsa Municipal Rose Garden. River Park runs through over 10 miles of shore along the Arkansas River, with 20 miles of running and biking trails.
Another plus: The average apartment runs just $604 a month, about one-third less than the national average. It’s no wonder Tulsa and Oklahoma City ranked high on their list of affordable big cities to live.
Most affordable US cities to live:
- Louisville, KY
- Oklahoma City, OK
- Lincoln, NB
- Lexington, KY
- San Antonio, TX
- Tulsa, OK
- Nashville, TN
- Omaha, NB
- Columbus, OH
- Memphis, TN
This affordable city living information is brought to you by: Tom and Bev Herring, buying and selling Tulsa Real Estate, Broken Arrow Real Estate, Jenks Real Estate, Bixby Real Estate and Owasso Real Estate as well as Keystone Lake Real Estate, Berryhill and Sand Springs Real Estate.