{"id":127096,"date":"2022-05-07T22:50:07","date_gmt":"2022-05-07T22:50:07","guid":{"rendered":"https:\/\/fin2me.com\/?p=127096"},"modified":"2022-05-07T22:50:07","modified_gmt":"2022-05-07T22:50:07","slug":"the-city-with-the-lowest-housing-costs-in-every-state","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/the-city-with-the-lowest-housing-costs-in-every-state\/","title":{"rendered":"The City With the Lowest Housing Costs in Every State"},"content":{"rendered":"

U.S. home sales skyrocketed during the COVID-19 pandemic – hitting a <\/span>15-year h<\/span>igh of <\/span>6.1 mi<\/span>llion in 2021. The spike in demand, coupled with declining inventory, have put upward pressure on housing prices. Renters have <\/span>not been spar<\/span>ed, as housing has become one of the key drivers of surging U.S. inflation.<\/span><\/p>\n

According to <\/span>the Economic Policy Institute<\/span>, a nonprofit think tank, a family of four – two adults and two children – can expect to pay an estimated $15,031 on housing in 2022. This amount varies across the country, however, from state to state and city to city.\u00a0<\/span><\/p>\n

Using data from the EPI\u2019s Family Budget Calculator, 24\/7 Wall St. identified the metro area in each state where families pay the least for housing. Metro areas are ranked on 2022 estimates of housing and utility costs for a modest two-bedroom rental.\u00a0<\/span><\/p>\n

It is important to note that four states – Delaware, New Hampshire, Rhode Island, and Vermont – each have only one metro area. As a result, the metro area in these places ranks as having the lowest housing costs by default only.\u00a0<\/span><\/p>\n

Among the metro areas on this list, housing costs for a family of four range from about $8,100 to nearly $21,300. In all but seven metro areas on this list, housing costs are lower than they are across the state as a whole – and in most cases, by $1,500 or more. <\/span>Here is a look at the cities where the middle class can no longer afford housing<\/span>.\u00a0<\/span>Lower housing costs in these places are often a reflection of what residents can afford. Most metro areas on this list have a lower median family income than the comparable statewide median. <\/span>Here is a look at the income needed to be middle class in each state<\/span>.<\/span><\/p>\n

Click here to see the city with the lowest housing costs in every state<\/strong><\/span>
\nClick here to read our detailed methodology<\/strong><\/span><\/p>\n

Sponsored: Find a Qualified Financial Advisor:<\/b><\/p>\n

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

U.S. home sales skyrocketed during the COVID-19 pandemic – hitting a 15-year high of 6.1 million in 2021. The spike in demand, coupled with declining […]<\/p>\n","protected":false},"author":3,"featured_media":127095,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"\nThe City With the Lowest Housing Costs in Every State - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/business\/the-city-with-the-lowest-housing-costs-in-every-state\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The City With the Lowest Housing Costs in Every State - Fin2me\" \/>\n<meta property=\"og:description\" content=\"U.S. home sales skyrocketed during the COVID-19 pandemic – hitting a 15-year high of 6.1 million in 2021. The spike in demand, coupled with declining [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fin2me.com\/business\/the-city-with-the-lowest-housing-costs-in-every-state\/\" \/>\n<meta property=\"og:site_name\" content=\"Fin2me\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-07T22:50:07+00:00\" \/>\n<meta name=\"author\" content=\"Mark\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/fin2me.com\/wp-content\/uploads\/2022\/05\/The-City-With-the-Lowest-Housing-Costs-in-Every-State.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fin2me.com\/business\/the-city-with-the-lowest-housing-costs-in-every-state\/\",\"url\":\"https:\/\/fin2me.com\/business\/the-city-with-the-lowest-housing-costs-in-every-state\/\",\"name\":\"The City With the Lowest Housing Costs in Every State - Fin2me\",\"isPartOf\":{\"@id\":\"https:\/\/fin2me.com\/#website\"},\"datePublished\":\"2022-05-07T22:50:07+00:00\",\"dateModified\":\"2022-05-07T22:50:07+00:00\",\"author\":{\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/fin2me.com\/business\/the-city-with-the-lowest-housing-costs-in-every-state\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fin2me.com\/business\/the-city-with-the-lowest-housing-costs-in-every-state\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fin2me.com\/business\/the-city-with-the-lowest-housing-costs-in-every-state\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fin2me.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Business\",\"item\":\"https:\/\/fin2me.com\/category\/business\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"The City With the Lowest Housing Costs in Every State\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fin2me.com\/#website\",\"url\":\"https:\/\/fin2me.com\/\",\"name\":\"Fin2me\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fin2me.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"Mark\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"caption\":\"Mark\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The City With the Lowest Housing Costs in Every State - Fin2me","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fin2me.com\/business\/the-city-with-the-lowest-housing-costs-in-every-state\/","og_locale":"en_US","og_type":"article","og_title":"The City With the Lowest Housing Costs in Every State - Fin2me","og_description":"U.S. home sales skyrocketed during the COVID-19 pandemic – hitting a 15-year high of 6.1 million in 2021. The spike in demand, coupled with declining [...]","og_url":"https:\/\/fin2me.com\/business\/the-city-with-the-lowest-housing-costs-in-every-state\/","og_site_name":"Fin2me","article_published_time":"2022-05-07T22:50:07+00:00","author":"Mark","twitter_card":"summary_large_image","twitter_image":"https:\/\/fin2me.com\/wp-content\/uploads\/2022\/05\/The-City-With-the-Lowest-Housing-Costs-in-Every-State.jpg","twitter_misc":{"Written by":"Mark","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/fin2me.com\/business\/the-city-with-the-lowest-housing-costs-in-every-state\/","url":"https:\/\/fin2me.com\/business\/the-city-with-the-lowest-housing-costs-in-every-state\/","name":"The City With the Lowest Housing Costs in Every State - Fin2me","isPartOf":{"@id":"https:\/\/fin2me.com\/#website"},"datePublished":"2022-05-07T22:50:07+00:00","dateModified":"2022-05-07T22:50:07+00:00","author":{"@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/fin2me.com\/business\/the-city-with-the-lowest-housing-costs-in-every-state\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fin2me.com\/business\/the-city-with-the-lowest-housing-costs-in-every-state\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/fin2me.com\/business\/the-city-with-the-lowest-housing-costs-in-every-state\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fin2me.com\/"},{"@type":"ListItem","position":2,"name":"Business","item":"https:\/\/fin2me.com\/category\/business\/"},{"@type":"ListItem","position":3,"name":"The City With the Lowest Housing Costs in Every State"}]},{"@type":"WebSite","@id":"https:\/\/fin2me.com\/#website","url":"https:\/\/fin2me.com\/","name":"Fin2me","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fin2me.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"Mark","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fin2me.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","caption":"Mark"}}]}},"_links":{"self":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/127096"}],"collection":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/comments?post=127096"}],"version-history":[{"count":0,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/127096\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media\/127095"}],"wp:attachment":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media?parent=127096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/categories?post=127096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/tags?post=127096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}