None of the top ten cheapest places for living in the United States are in Florida

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As per the Black Knight Home Price Index, property prices reached a new peak in May, whereas rent costs raised by an average of 5.5% in the United States the previous year. In simple terms, it won’t get less expensive to live in the United States any time soon, while there are still certain areas that are possible.

According to the median gross rent and yearly housing expenditures for homeowners who are carrying a mortgage, U.S. News and World Report announced the rankings of the towns with the lowest cost of living this month.

Information from agencies like the FBI, the U.S. Department of Labor, and the U.S. Census Bureau were used to compile the rating. The following elements were considered into consideration:

Quality of life (indicates how happy locals are with their day-to-day existence)
Value of the index (which analyzes the standard of living that an individual can reasonably expect to enjoy)
Desirability (gauges whether residents of a particular metro region want to live there)
Job market (calculates the intensity of the job market for every metro region).

The cheapest places to live in the U.S.:

Hickory, NC
Youngstown, OH
Huntington, WV and Ashland, KY-OH
Huntsville, AL
Fort Wayne, IN
Beaumont, TX
Peoria, IL
Green Bay, WI
Quad Cities, IA-IL
Knoxville, TN

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