3 Michigan Cities Among America’s Most Affordable Places to Live
With more people moving to cities and the cost of living skyrocketing, finding a decent and affordable place to live feels like searching for a needle in a haystack. A recent study revealed that a significant number of cities with affordable living options are concentrated in the Midwest and Eastern regions of the country. According to the findings, these areas offer a higher likelihood of finding budget-friendly cities than other parts of the nation.
Scholaroo, a platform dedicated to helping students find scholarships, conducted an analysis of 150 cities across the United States. Their study examined factors such as the cost of living, median home value, and rental costs to identify the most affordable cities to live in the U.S. It’s worth mentioning that their study is not just about the most affordable cities to live in. They actually looked at a bunch of different categories and picked out the best cities too.
3 Michigan cities are named as the most affordable in the U.S.
When it comes to affordability, three Michigan cities, Detroit (ranked #2) and Lansing (ranked #3), and Kalamazoo (ranked #5) shine bright. These cities are top contenders in terms of providing budget-friendly living options, according to the study. The study also revealed that Detroit boasts the lowest average house-buying costs among the cities examined. This means that for those looking to purchase a home, Detroit offers the most budget-friendly options compared to other locations.
What’s the number one most affordable city in the U.S.?
Wilmington, Delaware, has clinched the title of the cheapest city in the United States. This distinction is due to its exceptionally low rental costs and the added benefit of having no sales taxes within the city, says the study.
Several other cities were highlighted in the study. Coming in at the fourth spot is Jackson, Mississippi, followed by Dayton, Ohio at number six. Brownsville, Texas, secured the seventh rank, while Green Bay, Wisconsin, claimed the eighth position. Fort Wayne, Indiana, took the ninth spot, and Milwaukee, Wisconsin, rounded off the top ten. These cities have all been recognized for their affordability, making them attractive options for those seeking a cost-effective living.
Take a look at the full study showcasing the Most Affordable Cities to Live In, along with other fascinating categories like the Best Cities to Live In here.
Living Large: Michigan's Wealthiest Counties
5. Grand Traverse County
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Median Income: $69, 393
Investment Income: $47, 522
Median Home Value: $373, 836
National Rank: 4974. Oakland County
Median Income: $86, 275
Investment Income: $48, 897
Median Home Value: $334, 448
National Rank: 310
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3. Livingston County
Median Income: $88, 908
Investment Income: $25, 044
Median Home Value: $362, 766
National Rank: 287
Pierre-Olivier Valiquette/ Getty Images
2. Washtenaw County
Median Income: $79, 198
Investment Income: $44, 796
Median Home Value: $373, 627
National Rank: 271
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1. Leelanau County
Median Income: $72, 709
Investment Income: $56, 192
Median Home Value: $509, 272
National Rank: 266
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