Real Estate 101

Most Affordable Places to Live In the US

posted by D.R. Horton November 11, 2015 0 comments

In light of unfavorable housing markets across the country, D.R. Horton holds true to the mission of providing affordable new homes. Our philosophy is to create value every step of the way for our homebuyers. For those in the process of relocating, there are other factors to consider when searching for an affordable place to live, besides the price tag on the home.

Home buyers should consider the indirect costs of living when relocating. For example, the cost of utilities and commuting are directly related to geographical location. Abundant water, efficient energy sources, and low gas prices provide evidence that there are more than enough resources to go around. Communities in certain geographical areas can have significantly lower living costs, which may reflect a greater cash-retention in your personal finances.

With that in mind, we gathered research on locations where middle-class people spent the lowest amount of their income on their cost-of-living. Here the top 10 most affordable places to live in the U.S. based on the percentage of income spent on housing, commuting, and utilities, according to Trulia:

  1. Akron, OH – 9%
  2. Dayton, OH – 9%
  3. Louisville, KY – 1%
  4. Kansas City, MO – 6%
  5. Wichita, KS – 7%
  6. Little Rock, AR – 9%
  7. Cleveland, OH – 3%
  8. Toledo, OH – 3%
  9. Syracuse, NY – 1%
  10. St. Louis, MO – 33.2%

Some areas in the U.S. may or may not be an option for some due to job relocation or for the sake of loved ones, but fear not. We will help you every step of the way.

Search for D.R. Horton communities on our builder locator map, or contact a representative by phone. And don’t miss your chance to take advantage of our National Red Tag Event going on until November 15, 2015. 

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