1. Wichita Falls, Texas, was named the city with the lowest cost of living.
  2. Visit Business Insider’s homepage for more stories.

Moreover, Why is living in Ohio so cheap? So, why are houses so cheap in Ohio? The average price of homes in Ohio is below $200,000. This is due to factors such as low population growth that doesn’t exceed the housing supply, low wages, land, and the history of the real estate market.

Where can I live for $500 a month in USA?

Without further ado – and in no particular order – here’s what $500 per month can get you in ten affordable U.S. cities:

  • Greenville, OH. Listing: Wayne Crossing. …
  • Wichita, KS. Listing: Eagle Creek. …
  • Lawton, OK. Listing: Sheridan Square Apartments. …
  • Amarillo, TX. …
  • Indianapolis, IN. …
  • Searcy, AR. …
  • Shreveport, LA. …
  • Jackson, MS.

Likewise, Where is the nicest but cheapest place to live? Here are the top 10 most affordable cities to live in the U.S., according to the Council for Community and Economic Research’s Cost of Living report.

  • Cedar Park, Texas.
  • Midland, Texas.
  • Ogden, Utah.
  • Raleigh, North Carolina.
  • Provo, Utah.
  • Des Moines, Iowa.
  • Austin, Texas.
  • Minneapolis, Minnesota.

What state has the lowest average rent? North Dakota has the nation’s lowest average rent, at just $826 a month, a 3% increase from the previous year.

How much do you need to live in Ohio?

Typical Expenses

1 ADULT 2 ADULTS (1 WORKING)
0 Children 0 Children
Housing $7,712 $8,796
Transportation $5,305 $9,414
Civic $2,894 $4,646

How much do you need to make to live in Ohio?

MIT’s interactive database, the Living Wage Calculator, allows users to compare their income to the cost of living where they live. For example, a single adult in Ohio with no children would need to make $13.16 an hour to support their household, but that shoots up to $28.58 per hour with just one child.

How much does it cost to live in Ohio per month?

Monthly rent for a one-bedroom in the state is $615, while the typical rent for a unit with five or more bedrooms is $1,031. Across the state, 34.0% of occupied homes are rented, less than the 36.2% national average and the 21st highest renter rate of any state.

LEAVE A REPLY

Please enter your comment!
Please enter your name here