GITNUX MARKETDATA REPORT 2024

Statistics About The Most Affordable Places To Live In The West

The most affordable places to live in the West offer lower median home prices, cost of living, and unemployment rates compared to the rest of the region.

In this post, we explore the most affordable places to live in the western U.S. based on various cost of living statistics. From Idaho to California, these cities offer lower housing costs, favorable affordability indexes, and below-average living expenses, making them attractive options for those seeking a budget-friendly lifestyle in the West.

Statistic 1

"According to the site, Pocatello, Idaho, is among the most affordable places to live in the western U.S., with a cost of living 20.1% less than the national average."

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Statistic 2

"Niche.com ranks Elko, Nevada, as one of the cheapest places to live in the West, having an overall cost of living index of 96.1, where 100 is the national average."

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Statistic 3

"Logan, Utah, has a median home value of $195,700, well below the national average."

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Statistic 4

"Casper, Wyoming's housing costs are 23% lower than the national average, making it one of the most affordable western regions."

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Statistic 5

"Greeley, Colorado has an affordability index of 125.6, where the higher the number, the more affordable the city is."

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Statistic 6

"The median home value in Phoenix, Arizona is $252,700, below the national average."

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Statistic 7

"Yakima, Washington, has a cost of living index score of 92.4, with 100 being the national average."

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Statistic 8

"The median home cost in Billings, Montana, is about $226,800, lower than other western cities."

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Statistic 9

"Springfield, Oregon's cost of living is 5.4% lower than the U.S. average."

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Statistic 10

"The median household income in Albuquerque, New Mexico is $50,399, along with lower costs of living."

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Statistic 11

"The median home price in Bakersfield, California is just $238,000, a bargain by California standards."

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Statistic 12

"Amarillo, Texas has a lower cost of living than the national average, with a score of 84.1."

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Statistic 13

"Ogden, Utah, has a rent index of 35.04, significantly lower than the U.S. average."

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Statistic 14

"Wichita, Kansas offers a median home cost of $130,600, which is 56.9% lower than the national average."

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Statistic 15

"Rapid City, South Dakota's cost of living is nearly 5% below the national average."

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Statistic 16

"Bozeman, Montana has a median home price of approximately $615,400, making it relatively affordable compared to major U.S. cities."

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Statistic 17

"Junction City, Oregon's housing costs are 28% lower than the national average."

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Statistic 18

"Sioux Falls, South Dakota offers a cost of living that's 10% lower than the national average, making it an affordable place to live in the West."

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Overall, the western U.S. offers a variety of affordable places to live, with cities like Pocatello, Idaho; Elko, Nevada; Logan, Utah; and Casper, Wyoming standing out for their below-average cost of living and housing expenses. On the other hand, cities like Phoenix, Arizona; Greeley, Colorado; and Billings, Montana present slightly higher but still reasonable costs compared to the national average. Albuquerque, New Mexico, Bakersfield, California, Amarillo, Texas, and Rapid City, South Dakota also offer decent affordability, making them attractive options for individuals and families looking to save on expenses without sacrificing quality of life.

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