Visit Mobile Site

Find Property Listings

More Search Options

Find a Real Estate Agent


Free Market Analysis

Find out how much your home is worth!
It's free, simple & easy.

Get Started Now

Find Us on Facebook

Stay up to date with the latest real estate news and special promotions!

Home Market Trends

Subscribe to our newsletter to get up-to-date info on the latest housing market conditions for this area.

Mortgage Rates

Real Estate Tips & Tools

Least and Most Expensive Cities For Living in the U.S.A. - Fort Smith, Arkansas tops list of Cheapest Cities in America to live!

By Cameron Huddleston,
Jul 30, 2010


It’s hard to beat the low cost of living in the South. Seven of the ten least expensive cities on our list are in Texas, Arkansas, Kentucky and Tennessee.


We compiled our rankings based on the ACCRA Cost of Living Index produced by the Council for Community and Economic Research.

The Index measures relative price levels for housing, utilities, transportation, grocery items, health care and miscellaneous goods and services (it does not include taxes). A composite score of 100 reflects the national average. So scores lower than 100 reflect a lower-than average cost of living, and scores higher than 100 reflect a higher-than average cost of living. Median household income and average home prices are from the Toronto-based Martin Prosperity Institute. We sampled all U.S. cities with metropolitan area populations of at least 75,000.


1. Fort Smith, Ark.


Cost of Living Index: 85.2
Metro Population: 288,595
Median Household Income: $35,726
Average Home Price: $223,885


Arkansas is a low-cost, low-tax state, and its second largest city, Fort Smith, is no exception. Housing, grocery and transportation costs here are well below the national average. And compared with the most-expensive city on our list, New York, everything in Fort Smith is a bargain.


Click here to read the full story »

« Return