Ranking · 387 metro areas

Cheapest Cities to Live in the U.S.

Monroe, LA is the cheapest city to live in the U.S., with prices 16% below the U.S. average (BEA price parity 83.6, U.S. = 100).

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Top 15 by price parity

Ranking: BEA regional price parity 2024 (all items: goods, rents and services), lowest first.

Full ranking

#Metro areaPrice parityAverage salaryPrice parityHome value
1Monroe, LA83.6$48,85083.6$168,606
2Eagle Pass, TX83.8$46,81083.8$233,466
3Dothan, AL83.8$50,85083.8$196,979
4Texarkana, TX84.0$52,04084.0$185,546
5Enid, OK84.3$51,75084.3$144,157
6Hammond, LA84.5$49,16084.5$225,222
7Shreveport, LA84.8$54,58084.8$186,193
8Florence, AL84.8$50,40084.8$216,659
9Houma, LA85.1$55,87085.1$186,622
10Wildwood, FL85.4$58,95085.4$389,720
11Jackson, TN85.5$53,29085.5$208,153
12Gadsden, AL85.7$47,40085.7$184,689
13Alexandria, LA85.7$51,63085.7$171,604
14Joplin, MO85.7$53,37085.7$226,857
15Hot Springs, AR85.7$48,19085.7$245,332
16Lake Charles, LA85.9$56,63085.9$202,237
17Jonesboro, AR85.9$52,61085.9$205,822
18Fort Smith, AR85.9$50,30085.9$205,554
19McAllen, TX85.9$46,85085.9$193,978
20Johnstown, PA85.9$53,46085.9$107,146
21Lawton, OK85.9$52,19085.9$154,345
22Anniston, AL85.9$50,95085.9$170,653
23Brownsville, TX86.0$47,11086.0$207,150
24Cape Girardeau, MO86.1$56,64086.1$232,332
25Paducah, KY86.1$58,06086.1$171,436
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