houston tx

Most people despise moving, primarily due to the higher costs they have to face after the transition. Fortunately, there are still a few cities in America that offer a reasonable cost of living. Considering the present economic recession, it is not easy to believe that there are some hidden gems that do not saddle you with incredibly high taxes and ludicrous utility bills. However, there are cities that provide affordable living to their residents.

The following list has been compiled considering 6 components of living-cost: health care, products and services, housing, groceries, transportation and utilities. Remember that the national average is 100. The lower the number, the lesser will be the cost of living.

1. Tulsa, OK

General Score: 9.3/10

Cost-of-living Index: 87

National Average: 100

The overall living cost in Tulsa is approximately 13 percent lower than the national average, which makes this city the best place to hunker down, especially for people who are trying to save some loot.

2. Indianapolis, IN

General Score: 9.2/10

Cost-of-living Index: 88

National Average: 100

The overall cost of living in Indianapolis is about 12 percent lower than the national average. One of the most interesting features of this urban area is that male and female population hold approximately equal share of jobs. Unemployment rate is 9.3 percent which is lesser than the national average of 10.1 percent.

3. Houston, TX

General Score: 9.2/10

Cost-of-living Index: 88

National Average: 100

The cost of living in Houston is also 12 percent lower than the national average. Whether you plan to retire or live with your family, Houston is a perfect place to be.

4. Omaha, NE

General Score: 9.1/10

Cost-of-living Index: 89

National Average: 100

Omaha boats 11 percent less living cost as compared to the national average. The unemployment rate is 5.5 percent, which is significantly less than the national average of 9.5 percent.

5. Nashville, TN

General Score: 9.1/10

Cost-of-living Index: 89

National Average: 100

Nashville also has an overall living cost of 89/100 that is 11 percent less than the rest of America. The housing costs are incredibly reasonable in this area. With a median value of $178,000 (about 20 percent lower than national average) for owner-occupied housing, Nashville is a perfect place for families.

6. Greensboro, NC

General Score: 9.1/10

Cost-of-living Index: 89

National Average: 100

Cost of living in Greensboro is 11 percent less than the rest of the US. General items like coffee, eggs, bread, fried chicken, and utilities cost much lower than the national average.

7. Memphis, TN

General Score: 9.1/10

Cost-of-living Index: 89

National Average: 100

Housing is usually less expensive in the area, generally between 25 and 80 thousand dollars. Most services, such as transportation, health care and utilities are substantially below the national average.

8. Fort Worth, TX

General Score: 9.1/10

Cost-of-living Index: 90

National Average: 100

The average cost of living in Fort Worth is 10 percent lesser than the national average.

9. Oklahoma City, OK

General Score: 9.1/10

Cost-of-living Index: 90

National Average: 100

The energy costs in Oklahoma are approximately 25 percent lower than the rest of the country.

10. St. Louis, MO

General Score: 9.1/10

Cost-of-living Index: 90

National Average: 100

Groceries are cheaper than the rest of the cities, and the cost of living is 10 percent lower than the national average.

Share:
Written by Margarita Hakobyan

Margarita Hakobyan is CEO and Founder of Moverscorp.com.