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All the scores were summed and sorted to find American cities with the lowest cost of living in 2024. All data was collected on and is up to date as of April 12, 2024.
The Bureau of Economic Analysis has calculated that the regional price parity in 2019 of the 50 largest MSAs ranges from 88.3 in Birmingham, Alabama (which has the lowest cost of living of the 50 most populous MSAs) to 126.7 in San Jose, California (the highest cost of living of the 50 most populous MSAs). An income of $0.88 in Birmingham ...
Parsons, Kansas comes in with the lowest cost of living at $23,146 on average. For an individual in the U.S., the national average cost of living is around $38,266. For a family of four, it is ...
Why it's great: Compared to other major cities in the Southeast, Knoxville offers a relatively low cost of living. Housing is affordable, and everyday expenses like groceries and utilities are ...
One city from Pakistan and three major cities from India all are in the top ten cheapest cities in 2020. The main reason behind this is the low wages and high levels of income inequality, which restrict household expenses, as well as market competition. [2] The ten cheapest cities in the world 2020 according to an Economist Intelligence Unit ...
The cities with the lowest cost of living for each state were found to determine the cheapest cities for retirees in each state. All data was collected on and is up to date as of Jan. 8, 2025.