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Data sourced from BLS, HUD Fair Market Rents, Census Bureau, and IRS tax tables.

All figures are estimates based on publicly available data and may not reflect your actual costs. Use as a starting point for research, not financial advice.

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Cheapest Cities to Live in 2026

Explore 24,000+ US cities with real data from BLS, HUD, Census, and Zillow. 103 cities with full cost-of-living breakdowns.

81
Lowest COL
Laredo, TX
100
Avg
201
Highest COL
San Jose, CA
$75K

103 cities found

Sorted by affordability (lowest COL index first)

1

Laredo, TX

Pop. 255KCOL Index: 8119% below average
Trade & LogisticsGovernmentHealthcare
1BR: $620/mo
10% of income
Compare
2

Cleveland, OH

Pop. 384KCOL Index: 8218% below average
HealthcareManufacturingFinance
1BR: $750/mo
12% of income
Compare
3

Fort Wayne, IN

Pop. 270KCOL Index: 8317% below average
ManufacturingHealthcareDefense
1BR: $660/mo
11% of income
Compare
4

Montgomery, AL

Pop. 201KCOL Index: 8515% below average
GovernmentMilitaryHealthcare
1BR: $700/mo
11% of income
Compare
5

Memphis, TN

Pop. 633KCOL Index: 8614% below average
LogisticsHealthcareManufacturing
1BR: $750/mo
12% of income
Compare
6

Wichita, KS

Pop. 396KCOL Index: 8614% below average
AerospaceManufacturingHealthcare
1BR: $650/mo
10% of income
Compare
7

Lubbock, TX

Pop. 259KCOL Index: 8614% below average
HealthcareEducationAgriculture
1BR: $750/mo
12% of income
Compare
8

Indianapolis, IN

Pop. 888KCOL Index: 8713% below average
HealthcareLogisticsFinance
1BR: $750/mo
12% of income
Compare
9

Oklahoma City, OK

Pop. 696KCOL Index: 8713% below average
EnergyGovernmentAerospace
1BR: $700/mo
11% of income
Compare
10

Tulsa, OK

Pop. 413KCOL Index: 8713% below average
EnergyAerospaceHealthcare
1BR: $700/mo
11% of income
Compare
11

St. Louis, MO

Pop. 302KCOL Index: 8713% below average
HealthcareFinanceManufacturing
1BR: $750/mo
12% of income
Compare
12

Birmingham, AL

Pop. 201KCOL Index: 8713% below average
HealthcareFinanceManufacturing
1BR: $750/mo
12% of income
Compare
13

Columbus, GA

Pop. 207KCOL Index: 8713% below average
1BR: $750/mo
12% of income
Compare
14

El Paso, TX

Pop. 679KCOL Index: 8812% below average
MilitaryTradeHealthcare
1BR: $650/mo
10% of income
Compare
15

Detroit, MI

Pop. 639KCOL Index: 8812% below average
AutomotiveHealthcareTechnology
1BR: $750/mo
12% of income
Compare
16

Pittsburgh, PA

Pop. 303KCOL Index: 8911% below average
HealthcareTechnologyEducation
1BR: $850/mo
14% of income
Compare
17

Cincinnati, OH

Pop. 309KCOL Index: 8911% below average
FinanceHealthcareManufacturing
1BR: $780/mo
12% of income
Compare
18

Winston-Salem, NC

Pop. 250KCOL Index: 8911% below average
1BR: $800/mo
13% of income
Compare
19

Columbus, OH

Pop. 906KCOL Index: 9010% below average
FinanceTechnologyEducation
1BR: $800/mo
13% of income
Compare
20

Louisville, KY

Pop. 629KCOL Index: 9010% below average
LogisticsHealthcareManufacturing
1BR: $780/mo
12% of income
Compare
21

Kansas City, MO

Pop. 508KCOL Index: 9010% below average
FinanceHealthcareTechnology
1BR: $800/mo
13% of income
Compare
22

Des Moines, IA

Pop. 214KCOL Index: 9010% below average
InsuranceFinanceTechnology
1BR: $820/mo
13% of income
Compare
23

San Antonio, TX

Pop. 1.5MCOL Index: 919% below average
MilitaryHealthcareTourism
1BR: $850/mo
14% of income
Compare
24

Milwaukee, WI

Pop. 577KCOL Index: 919% below average
ManufacturingHealthcareFinance
1BR: $900/mo
14% of income
Compare
25

Omaha, NE

Pop. 486KCOL Index: 919% below average
FinanceInsuranceTechnology
1BR: $800/mo
13% of income
Compare

Understanding Cost of Living in 2026: Where Does Your Money Go Furthest?

The cost of living in the United States varies dramatically from city to city. While coastal metros like San Francisco, New York, and San Jose top the charts with cost-of-living indices well above 150, dozens of cities across the South and Midwest offer indices below 90 — meaning your dollar stretches 10-20% further than the national average.

Our rankings use a composite index based on six weighted categories from the Bureau of Labor Statistics Consumer Expenditure Survey: housing (33.3% weight), transportation (17.5%), miscellaneous expenses (21.5%), groceries (12.8%), healthcare (7.9%), and utilities (7.0%). A score of 100 represents the national average. Housing is the single largest factor, and cities with indices below 85 typically offer one-bedroom rents under $800/month - compared to $2,000+ in high-cost metros.

In 2026, the affordability gap continues to widen. Remote work has made it possible for many workers to earn coastal salaries while living in cities like Laredo, TX (COL index: 81) or Fort Wayne, IN (COL index: 83). For someone earning $75,000/year, the estimated monthly living cost in Laredo is just $4,925 - versus $12,222 in San Jose, CA. That's a potential savings of $87,564/year.

Texas and Ohio dominate the affordability rankings, with cities like Laredo, El Paso, San Antonio, Cleveland, and Fort Wayne all posting indices below 85. These cities combine low housing costs with growing job markets in healthcare, manufacturing, and logistics. Meanwhile, mid-size cities like Des Moines, IA (insurance and finance hub) and Omaha, NE (fintech and agriculture) offer a balance of affordability and career opportunity with indices around 90-91.

Data sources: BLS Consumer Expenditure Survey (2023), HUD Fair Market Rents (2024), U.S. Census Bureau American Community Survey (2023), and BLS Quarterly Census of Employment and Wages. Home price data from Zillow Home Value Index (ZHVI). Estimates are for a typical household; individual costs will vary based on lifestyle, family size, and spending habits.

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