The 10 most affordable places to live in the U.S.

By Emmie Martin | CNBC

Housing costs aren’t the only factor that determines whether or not you can afford to live in a certain city. How much you earn matters, too.

To identify the most affordable places across the U.S.SmartAsset calculated the total cost for five expenses associated with owning a home, including mortgage payments and property taxes over five years, as a proportion of each area’s median household income.

In terms of affordability, the South came out on top, claiming half of the top 10 spots.


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