Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.
15 places to live that will save you money in inflationary America
15 places to live that will save you money in inflationary America
Ethan DoddMar 28, 2023, 01:24 IST
Kayaker on Chattahoochee River.David Goldman/AP
Inflation is still high, even though the housing market has cooled some.
Cost of living varies by place.
If you want the best bang for your buck in your next move, look no further.
The rankings and reviews site Niche just released its 2023 list of places with the lowest cost of living in America.
Though inflation and the housing market have cooled some, the consumer price index rose 6% over the year in February, meaning everyday purchases like gas and groceries are still more expensive.
However, the increased cost of living hasn't hit the country equally across the board. Here are the 15 lowest cost of living places in the United States, many of which are in South Texas.
Advertisement
1. Heidelberg, Texas
McAllen, Texas.Getty Images
2. Chattahoochee, Florida
Kayaker on Chattahoochee River.David Goldman/AP
Advertisement
3. Pearl River, Mississippi
Golden Moon Hotel and Casino, part of the Pearl River Resort, is just outside the town of Pearl River in Philadelphia, Mississippi.Rogelio V. Solis/AP
4. Pine Ridge, South Dakota
Pine Ridge Reservation in South Dakota, on Wednesday, October 22, 2014.Nikki Kahn / The Washington Post / Getty
Advertisement
5. Dilley, Texas
Median Home Value: $84,000
Median Rent: $430
Median Household Income: $50,278
34% of households rent in the 3,404-person suburban-rural South Texas town. Niche gives the town an A- for jobs, many of which are based at Nix Community General Hospital. Right off of I-35, Dilley is between Laredo on the Mexico border and San Antonio to the northeast. 75% of residents are Hispanic.
With a swell of adults in their 20s and 30s, Dilley also leans liberal but gets a C for families and public schools. Niche gives the town a B- for crime and safety.
6. Sweet Home, Arkansas
Sweet Home is just south of Little Rock, Arkansas.Walter Bibikow/Getty Images
Advertisement
7. Bridgeport, Alabama
Chattanooga, Tennessee is just a short drive from Bridgeport.Matt McLelland
8. Muniz, Texas
City hall in McAllen, Texas.Denis Tangney Jr./Getty Images
Advertisement
9. Diboll, Texas
Median Home Value: $83,000
Median Rent: $406
Median Household Income: $52,717
The 4,562-person East Texas town has a suburban-rural mix that's good for families. It boasts good weather, some top schools, and lower crime rates. 73% of households own rather than rent. Diboll has an ethnically diverse population (41% Hispanic, 29% white, 28% Black) with moderate politics.
10. San Carlos, Texas
Former passenger train depot in McAllen, Texas.Bob Weston/Getty Images
Advertisement
11. Llano Grande, Texas
Rio Grande River between Texas and Mexico border towns of McAllen and Nuevo Progreso.tirc83/Getty Images
12. Elm Creek, Texas
Rio Grande River in Eagle Pass, Texas.Brandon Bell/Getty
Despite a C+ for schools and C- for jobs, many families live in this small South Texas town right on the Rio Grande River. 25% of residents have their bachelor's compared to 21% nationally, and 89% are Hispanic. 31% of households rent in Siesta Shores, which has a suburban-rural feel.