Laredo, Texas, Was Just Named the No. 1 Place to Live in the U.S. for Affordability and Cost of Living

In the 2025 Pew Research Center Survey, most Americans stated that the economy was only in “fair” or “poor” shapes, with 63 percent of “inflation” as a major concern. If this is also your top priority, then know that one, we can relate, and two, Gobanking can have some suggestions, where you can move to experience more cheap lifestyle in the US.

The website released its “Most Liveable Destinations” list, including 10 spots, where you can live a great life without six-stake income.

For this report, Gobakingrates first sourced 50 best locations to live in American news and world reports from 250 best places to live in the US in the US “. “Next, it looked at the average monthly and annual rent of each city, which it got from Zillow’s April 2025 figures. It also checked the annual expenses of each city for grocery, health care, utilities and transportation, all the labor statistics bureau ‘2023 Consumer Expenditure Survey Data points.

And to determine the required salary at each location, Gobankingrates followed the “50/30/20 Budget Rules”, which Invenstopedia explained, “states that you spend 50 percent of your budget on the needs, want 30 percent, and 20 percent on your savings target, also with housing under the need for” that “requirement.

After reviewing all the figures, Laredo, Texas, the cheapest city name Gobankingrates, thanks to the annual cost of house owners, thanks to the annual costs of living expenses, only at $ 36,008 and the salary required for home owners at $ 72,015. It was also found that the annual cost of the expenses living for hire was just one touch at $ 36,888, and the salary required for the rent was also a smij high at $ 73,776.

Texas also finished second with McClane’s ability, where the annual cost of spending for home owners is only $ 36,287, the salary required for home owners for $ 72,574. The city’s annual cost of expenses for rent is $ 38,742, with the required salary for tenants at $ 77,484.

These two Texas locations are included in the third by Moore, Oklahoma, followed by Midland, Michigan; Broken arrow, oklahoma; Springdale, Arkansas; St. Peters, Missouri; EO Claire, Visconsin; Ciox Falls, South Dakota; And West Des Mine, Iowa, out of top 10.

And while each of these spots requires less than $ 100,000 per year, Gobankingrates said that all cities require up-to-average salary to live comfortably. ,

It states, “The average salary in the US is around $ 67,000, but you will need to earn more than $ 70,000 for tenants to live comfortably in the top city and more than $ 72,000 for home owners to live in the top city.”

See the full report on Gobankingrates.com.