It is a fact that inflation has changed the way of life of many people. Some consumers have had to consider other consumption options in order not to suffer the economic impact on their pockets.
In addition to this, the arrival of the pandemic and working at home led many people to move to other places and work from there. From big cities to small towns, many people have found the ideal place where inflation is kept below the cost of living.
one. Johnson City, Tennessee
According to an analysis by GoBankingRates, this city, located in Washington, Carter and Sullivan counties, in the state of Tennessee, its population has increased in recent years because it offers low costs and a pleasant climate.
A house in this area costs an average of $231,600 Dollars. In addition, it recorded the highest growth in jobs. Despite inflation the cost of living in Johnson City is equivalent to paying half of what is paid compared to Houston, Texas . The cost of living score for the area is from 65 to 75 points.
two. Auburn, Alabama
Given rising prices, this city can be a perfect economic stay for several families. The average price of a house in this area is $231,000 dollars, that is $60,000 dollars less than the average of houses in the whole country. In the score he obtained from 68 to 75 points.
3. Fayetteville, Arkansas
Having a tight budget with a better quality of life may be possible in this region. Its population, of 85,000 people, not being so congested is ideal to obtain good prices in the real estate market. The average price of a house is $200,000 Dollars. In addition, the average annual salary is $47,600 Dollars.
4. Cedar Park, Texas
Due to its proximity to Austin, this area offers an affordable standard of living. The median household income in this area is $80 ,954 dollars, while the cost of living amounts to $58,497 Dollars, according to GoBankingRates. It also offers several outdoor activities and restaurants and public parks.
5. Pottstown, Pennsylvania
This small town, located at 45 miles from downtown Philadelphia, offers three-bedroom, one-bathroom homes for $150,04 dollars or duplex of two units at the same price. In the real estate sector, inflation has not had a strong impact on this region, experts comment.
According to the analysis, Buffalo, in New York; Savannah, in Georgia; the suburbs of Chicago; Greenville, in South Carolina; and Fort Wayne, in Indiana, close the list.
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