Cities Journal
City Life

Top 21 Surprisingly Cheap Cities In The US

3. Wichita Falls, Texas

When speaking about good places to live in Texas, we can’t carry on without mentioning Wichita Falls. Straight to the point – it has one of the lowest home values on any list of cheap and affordable cities. If you’re planning on moving to Wichita Falls, you most probably won’t need more than $100,000 (except if you plan on living luxuriously). On the other hand, if you’re the renting type, your average apartment rent amounts to about $570 a month, which is $316 less than the national average. If you still don’t fully understand how cheap that is, think of it like this – an average apartment in Manhattan will cost you over $3,500 a month, and that’s just a place to live.

Wichita Falls’ income is rather solid, despite the fact that the city has a more than reasonable price tag on its apartments and homes. The unemployment rate stands at a low 5% while the overall rate in the US was 6.7% in 2014. If you’re wondering who the main contributor to the regional economy is, it’s the Sheppard Air Force Base, the top employer of Wichita Falls.

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