In this piece, we will take a look at the five best places to live with lots of jobs and cheap housing. For more great cheap places to live, head on over to 25 Best Places to Live With Lots of Jobs and Cheap Housing.
5. Alaska
Insider Monkey’s Score: 17
Alaska is one of the remotest regions in America. Originally a part of Russia, it was bought by the U.S. government in the late nineteenth century. Its location makes Alaska one of the most sparsely populated regions in America. Latest estimates suggest that less than one million people live in the area. However, Alaska ranks 12th for the highest median household income in America which currently sits at $77,800. It is also the largest American state in terms of area and is rich in natural resources. At the same time, the state also has high costs of living due to its remote location which increases the cost of shipping goods to Alaska.
4. Pennsylvania
Insider Monkey’s Score: 16
Pennsylvania is located at the Eastern tip of the United States. It is one of the largest states in America in terms of population with 13 million residents living in its boundaries. Pennsylvania has a special place in American history since it was the second state to join the Union in 1787. Median household income in the state sits at $72,627 according to estimates from the Federal Reserve. Pennsylvania also housed America’s first capital, and it was crucial in defending Washington D.C. during the Civil War.
3. West Virginia
Insider Monkey’s Score: 16
West Virginia is one of the smallest states in America in terms of population, with a population of roughly two million people. It entered the Union in 1863, just in time for the Civil War to start. West Virginia is a tourism hub in America as its mountainous regions attract a variety of pleasure seekers such as rock climbers, hikers, and others. The state’s economy is primarily based on the retail, healthcare, and energy sectors.
2. Iowa
Insider Monkey’s Score: 15
Iowa is a Midwestern state with a population of 3.1 million people. It joined the Union in 1846. Iowa has often received laurels for its vibrant business environment. The state also has a strong manufacturing industry, with large industrial and consumer goods companies having a presence in Iowa. Apart from manufacturing, there are several insurance and financial firms in the state as well. The median income in Iowa sits at $72,429 according to the Federal Reserve.
1. South Dakota
Insider Monkey’s Score: 14
South Dakota is a Northern state. It is one of the larger ones in terms of area but houses less than a million people. The median household income in South Dakota is $73,893.
Disclosure: None. You can also take a look at 35 Best Destinations in the World for Cultural Tourism and 120 Fastest-Growing Cities in the Southeast.
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