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According to RFA's living-cost measure, which takes into account regional differences in consumption (for example, of fuel to heat homes), the priciest metro area to live is New York City, where costs run 34% above the national average. The cheapest, with costs 12% below average, is Brownsville, Tex. Cities with average costs include Cleveland, Atlanta, Nashville, and Baltimore.

Relative costs, of course, are important because they can affect economic growth, making some regions more attractive to migrants and businesses and others less attractive. And the pace of local economic growth, in turn, inevitably influences shifts in local living costs.

Such dynamics are apparent in the 1990s expansion. In the last recession, for example, California and the Northeast were especially hard-hit and took some time to recover. Thus, although they remain the costliest regions in the nation, their relative costs have actually declined since 1991. Meanwhile, relative costs have risen in cities in the Midwest, which still enjoy a cost advantage but were generally less bruised by the downturn.

The heftiest increases over the past decade occurred in the Mountain states, notably in Colorado and Utah, which enjoyed strong population and economic growth and now have living costs at or above the national average. Indeed, the biggest single rise since 1991 occurred in booming Salt Lake City, where costs are now close to the U.S. average. (The biggest drop occurred in Honolulu, where costs fell from 33% to 19% above the national average in the wake of Hawaii's drawn-out recession.)

What are the cheapest places to settle down? Many are concentrated around the Gulf Coast in Texas, Oklahoma, Mississippi, and Alabama, and in smaller cities in Georgia and Florida. Larger metro areas with low living costs--at least 5% below the national average--include St. Louis, Norfolk

2007-02-06 06:24:37 · answer #1 · answered by Luvs 2 Travel 2 · 0 0

Kansas or somewhere close to there. Alaska is not cheap, they have no idea what they are talking about. Everything is more expensive here. How about $800 a month for oil to heat a 1600 sqft house. All food barged here and the list goes on.

2007-02-06 13:36:21 · answer #2 · answered by kkrb 2 · 0 0

The mid east! Check out www.zillow.com

You can look up any residence or neighborhood in America! It will tell you the value of the home and sometimes even how many bedrooms, bathrooms, and square feet the home is! You can also look up the average cost of a house per city!

2007-02-06 04:33:36 · answer #3 · answered by Mrs. Wifey! 3 · 0 0

Pennsylvannia, you can find some really great affordable homes . Lots of outlets and flea markets, open land, food is affordable, problem ....hardly any work there, a lot of people travel out of state to work.

2007-02-06 08:11:29 · answer #4 · answered by Icey 5 · 0 0

Del Rio Texas.

2007-02-06 04:39:35 · answer #5 · answered by popeyethesadist 5 · 0 0

Alaska

2007-02-06 04:32:44 · answer #6 · answered by Ozgur Alaz 2 · 0 1

Anywhere in the midwest or plains.

2007-02-06 04:32:09 · answer #7 · answered by fishing66833 6 · 0 0

Probably in one of those crappy little towns on the US side of the Mexican border.

2007-02-06 04:45:43 · answer #8 · answered by Cracker 4 · 0 1

alaska-you actually get paid (a stipend) for living there

2007-02-06 04:32:29 · answer #9 · answered by Anonymous · 0 1

jail

2007-02-06 04:38:21 · answer #10 · answered by Anonymous · 1 1

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