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Finding affordable areas to live in can be stressful, but it is not impossible.
If you're willing to move just a short drive away from a big city, you're more likely to find an affordable area to live in. If you haven't done your research, you don't have to. HomeSnacks, a digital hub showcasing what it is like to live in different areas, released a list of the most affordable places in each state.
The report had some interesting facts to add about Missouri:
"Missouri knows how to make the dolla' holla'. The median income for the state is up above $35,000. With all that income, you can make most Missouri cities doable. More importantly, you can spend the extra coin in your pocket on the fun things that Missouri offers: like a weekend in the Ozarks, season tickets to the Cardinals, and/or a riverboat cruise down the mighty Mississippi River."
To find the cheapest places in the state, HomeSnacks looked at data from the 2015-2019 Census American Community Survey. The data consisted of three main components around income and costs:
- Median Home Price / Median Income
- Median Income / Median Rent
- Median Home Price
Here are the top 10 cheapest places to live in Missouri:
- Richmond
- Trenton
- Bonne Terre
- Webb City
- St. Ann
- Bowling Green
- Oak Grove
- St. John
- Chillicothe
- Kennett
Click here to view the full report.