Ten Most Affordable Big Cities in America
Ah, city life. The hustle. The bustle. The culture. The convenience. The opportunities. The … affordability?
Wait … what? Affordability is certainly not a word that springs to mind when most people think of big-city living, and with good reason. After all, places like New York, San Francisco, Boston, Chicago, Miami, Washington DC, and Los Angeles are among the most expensive and require some serious financial planning before relocation.
Nevertheless, people who dream of making an exciting city their home need not abandon hope. There are wonderful and reasonably priced metropolises to consider in almost every state.
Squeeze, your personal concierge for financial planning and management has pulled together the following list for your consideration. We’ve considered median household income, demographics, real estate values, rent mediums, medical and gas costs, commuting distances, tax rates and burdens, utilities, and costs of living … as well as location, location, and locations that promise the higher qualities of life offered in growing American communities.
Let’s get started …
1.) Omaha, Nebraska:
Omaha, a riverfront city and 'Gateway to the West' for Pioneers is now home to four Fortune 500 companies and known for its diverse job opportunities. There are six distinctive neighborhoods with their own character and much new construction; as well, Omaha stands in the top 30 right now for hiring. The Henry Doorly Zoo is one of the best in the world, and with its wooded parks and the Missouri River, this mid-sized city is an outdoor enthusiast's paradise ... Biking, hiking, wooded city walk paths, boating, and skiing are all available. Finally, Warren Buffett, the third richest man in the world with a fortune of over 70 billion has always lived in Omaha, so you could do worse than live nearby. Perhaps some of Mr. Buffett's financial acumen at Berkshire Hathaway will rub off?
2.) Columbus, Ohio:
The largest city in Ohio, Columbus has a highly diverse economy with areas of specialization that include banking, government, insurance, fashion, healthcare, retail, defense, research, education, food, and technology. It has been lauded as one of BusinessWeek 's '50 best cities in America' and Forbes gave it an 'A' rating for 'Best Places for Business and Careers'. Additionally, Lifestyle and Travel Industry sources cite Columbus as one of the best cities for relocation, with a high quality of living, and a city to watch for the future. Named The Arch City for the dozens of wooden arches built along High Street at the start of the Twentieth Century, Columbus is also the state capital and the most populous in the nation. Home to one of the largest campuses and highest-ranked public universities in the nation, The Ohio State University, the city is also named after Christopher Columbus ... Perhaps you will find what you are looking for here.
3.) Louisville, Kentucky:
Situated along the Ohio River along the border between Kentucky and Indiana, Louisville is simultaneously influenced by Southern and Midwestern cultures. This unique heritage is reflected in the architecture combining historic buildings with modern ones, and New South flavors with Midwestern panache. Shipping and cargo are at the underpinning of this city’s economy, and Louisville is also home to dozens of companies and organizations in the aviation, medicine/healthcare, manufacturing, tobacco, and whiskey industries. Small businesses and restaurants are growing rapidly, and in the summer of 2017, the Mohammad Ali Multicultural Center will celebrate the life of one of its most famous citizens. Louisville is known for the Kentucky Derby, so expect horsey people, beautiful thoroughbreds grazing pastures of blue-green grass, and scores of other interesting cultural and sporting events.
4.) Oklahoma City, Oklahoma:
Lying in the Great Plains region, Oklahoma is known for its livestock, oil, gas, petroleum, energy, and related industries. The city, in fact, is situated in the middle of an active oil field and provides one of the easiest thoroughfares to Texas and Mexico. Boutique hotels, downtown walks, cultural events, education, and recreation have all changed Oklahoma City from a dust bowl to a thriving city center ... So expect diverse neighborhoods, and prolific sports, recreation, and culture venues.
5.) Memphis, Tennessee:
The youngest and largest of Tennessee’s major cities, Memphis is located on the Mississippi River and is famous for the musical traditions that originated here: blues, soul, and rock n’ roll. It is also known for its up-and-coming downtown area and Graceland, one of America’s most iconic attractions, as Elvis Presley's birthplace. Memphis is home to a booming trend in cultural events, restaurants, farm shows, boutique gin distilleries, arts festivals, basketball enthusiasts, and riverfront convenience. FedEx, International Paper, and Autozone are its three largest companies.
6.) Indianapolis, Indiana:
This capital and largest city in Indiana is situated within the Tipton Till Plain in the middle of the state and boasts four seasons with a temperate climate. It has close to 100 separate areas and rivals Detroit in automobile manufacturing. Other big businesses include health insurance, pharmaceuticals, real estate, food, and biotechnology. Home to two major league teams, (The Colts and The Pacers), sports, in general, are huge, and there are wine, food, and beer festivals aplenty, as well as opportunities for year-round recreation.
7.) San Antonio, Texas:
Perhaps best known for The Alamo, a mission-turned-museum that commemorates Texan independence from Mexico, San Antonio is the second most populous city in Texas. The US Armed Forces have numerous facilities there and it’s home to six Fortune 500 companies. The Riverwalk famous for its many shops and restaurants, winds along the San Antonio River, and has become a popular place to hang-out and a tourist attraction. The Riverwalk, The Alamo and NBA team, The San Antonio Spurs, attracts some twenty million tourists each year.
8.) St. Louis, Missouri:
This largest metropolitan area in its state is best known for its Gateway Arch, Professional Sports Team (The Cardinals and The Blues), and its major corporations, which include Anheuser-Busch, Emerson, Energizer, Panera Bread, and Purina. Commercial, residential, and monumental architecture is found throughout the city’s 79 neighborhoods, as well as attractive landscaping, and top-notch colleges and hospitals.
9.) Colorado Springs, Colorado:
At an elevation of more than 6,000 feet, Colorado Springs is located at the eastern foot of the Rocky Mountains, and rightly known for its hiking trails, red-sand formations, and mountain views. Ranking just behind Denver as Colorado’s most populous city, Colorado Springs is considered by many sources as one of the best places to live in the US. It combines elements of a metropolis with the natural beauty of the mountains and is sunny during most of the year. Defense and high-tech industries are especially popular, and Colorado Springs is home to the US Olympic Training Center and Committee Headquarters.
10.) Buffalo, New York:
Sitting on the shores of Lake Erie in upstate NY is one of the industrial capitals of the 20th century. It is the second most populous city in New York State after New York City. Major industries include government, education, tourism (Niagara Falls), utilities, healthcare, cable, and automotive. Buffalo‘s culture has led to its diverse cuisine offerings, making it one of the World’s Top Ten Food Cities. While the winters are very cold, springs, autumns, and summers are lovely. Buffalo has over 20 parks accessible from any place in the city.