Slide Show | June 2012
10 Cheapest U.S. Cities to Live InFollow @CHLebedinsky
We compiled our list based on the Council for Community and Economic Research’s calculations of living expenses in numerous metropolitan areas. (We weeded out cities with populations below 50,000.) Its Cost of Living Index measures relative price levels for housing, utilities, transportation, grocery items, health care, and miscellaneous goods and services.
A Cost of Living Index score of 100 reflects the national average. Little Rock, Ark., and Cleveland scored 99.9 and 100.1, respectively, making them average in terms of living costs. The further a score falls below 100, the lower the cost of living. Population and median household income data are from the U.S. Census Bureau. Average home prices were provided by the Council for Community and Economic Research.
Take a look at our list of the ten cheapest places to live. 10 Cheapest U.S. Cities to Live In