Kokomo, Indiana. The cost of living is low with homes only costing on average around $94,000! Personal per capita income is ranked 72nd in the country.
Minot, North Dakota, Anchorage, Alaska, and Killeen, Texas are ties for this title. Cheapest place to live does vary based on whether you rent or buy a house.
Indianapolis, IN one of the cheapest places to live. If you live in LA, California $35,000 per year and moved to Indianapolis, IN it would then be 40% cheaper.
Appalachia regions of the U. S. are the cheapest places to live. There has never been major economic booms so people have learned to live on next to nothing.
