Photo: AFP
It’s no secret that it costs a lot of money to live in some cities, while others are downright cheap. While most of us can probably name a few expensive places to live, have you ever wondered what areas are most affordable?
- Well, the background screening software company GoodHire has crunched some numbers to determine the Most & Least Affordable Cities in the U.S.
- They looked at data on 155 cities with workforces of more than 150,000 people, judging them on several factors, including things like wage growth, unemployment rate, job growth, job openings, rental prices, and more.
- Topping the list as the most affordable city is Sioux Falls, South Dakota, which has more than 200,000 residents.
- The city, which added almost 4,000 residents in the past two years, has a low unemployment rate, with a median household income of nearly $60,000
Top 10 Most Affordable Cities in the U.S.
- Sioux Falls, SD
- Reno, NV
- Provo, UT
- Madison, WI
- Huntsville, AL
- Charleston, SC
- Fayetteville, AK
- Ogden, UT
- Salt Lake City, UT
- Spartanburg, SC
- As you can imagine, the list of the least affordable cities is made up of several large urban areas, with Los Angeles, California topping the list.
10 Least Affordable Cities in the U.S.
- Los Angeles, CA
- Hartford, CT
- Corpus Christi, TX
- Bakersfield, CA
- Shreveport, CA
- Modesto, CA
- El Paso, TX
- New York City, NY
- Rockford, IL
- McAllen, TX
Source: Yahoo Finance