If you're tired of paying high rents or high real estate prices on the east coast, some cities offer much cheaper neighborhoods without sacrificing quality of life. We researched East Coast cities to find those that offer the lowest cost of ownership or monthly fees based on median household income. during Americaeast coasttends to be a more expensive place to live, you might be surprised by the top 20 cheapest places to live there.
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20. Wilmington, Carolina do Norte
list with smartis a real estate company that has shed 7 of the mostaffordable housingon the east coast in 2021. Twenty on our list is Wilmington. This is a city that sits on both the east and south coasts, giving you all the charm and exceptional comfort dining of the south. Wilmington is one of the fastest growing cities for job creation with a decent growth rate. The cost of living is below the national average. The average home value is $230,400, which is fairly affordable when there's an oversupply of high-paying jobs.
19. Dover, Delaware
Dover is the capital of Delaware. It's a good place to live if you're ready, willing, and able to get a job. There is an abundance of healthcare, technology, government and manufacturing jobs. Software developers and nurses are the most desirable jobs in Dover. these are excellentpaid jobs. With an average selling price of US$175,500, Dover is one of the cheapest places to live on the east coast. The quality of life in Dover is high. It is a historically significant city with plenty of local history to see and learn about. It's also a hotspot for NASCAR racing at the International Speedway, the annual Dover Days, the Firefly Music Festival and more.
18. Baltimore, Maryland
Baltimore is a large metropolitan area and there are some expensive neighborhoods in the city, but also some exceptionally affordable places. Greektown and Little Italy are diverse and culturally diverse communities that offer great places to shop and dine. Overall, Baltimore is an affordable place to live compared to other nearby cities. The median selling price for a home is $142,200. If you have a job this is very affordable. Although Baltimore has an unemployment rate that is slightly above the national average, hourly wages are on average higher than elsewhere in the country. Technology and healthcare are the areas with the most employment opportunities in Baltimore.
17. Fort Pierce, Florida
Located on the Treasure Coast, Fort Pierce lives up to its name. There is a sense of the history of the area with parts that feel like stepping back in time. Modernization projects are also being carried out. Palm trees line the city's waterfront, with plenty of fine dining, shopping, and fishing for outdoor enthusiasts. There are many museums and other things to do in Fort Pierce. The median selling price for a home is $154,800.
16. Charleston, Carolina do Sul
Charleston is known for its fine dining, historical landmarks, burgeoning music culture and numerous entertainment and recreational opportunities. The city is 350 years old and has a rich history to discover. The median selling price for good homes in Charleston is $293,900. While this is higher than some of the other cities on our list, the economy is booming and the job growth rate is growing for those in the tourism and tech industries. Wages are higher and the income to cost of living ratio makes this city one of the cheapest cities on the east coast.
15. Savannah, Georgia
Savannah is a south east coast city that oozes southern charm and hospitality. Some streets are cobbled and the historic district offers you plenty to do as there are some of the most incredible 19th century mansions and houses to explore. The cost of living in Savannah is 12.1% below the national average, with the median home value being $134,600. It is one of the cheapest cities on the east coast with a high quality of life index.
14. Jacksonville, Florida
If you love coastal cities, Jacksonville might be one of your best options. The quality of life score is high for Jacksonville, a city also home to many retirees and young couples. The beaches are less than half an hour away by car and there are plenty of other things to do in town. Shopping, dining, entertainment and recreation abound. The median selling price for a home in Jacksonville is $165,800 with a low cost of living.
13. New Haven, Connecticut
News from the USAHe lists his picks for the cheapest places to live on the East Coast, starting with New Haven. This city is a metropolitan area with over 859,000 inhabitants. It offers all the amenities of a big city, but the median home price is $206,942. The median household income is $57,920. Yale University is headquartered in New Haven, and another attraction of the city is the Port of New Haven on the Atlantic Seaboard.
12. Trenton, New-Jersey
Trenton is a city with a large population base of over 368,000. It offers the amenities of a big city with a busy subway line and plenty of restaurants, shops and fun activities. There are many jobs in Trenton and the median household income is $10,000 above the national average of $63,700 per year. The median home price is $205,583. The unemployment rate was low before the pandemic, making it one of the most affordable East Coast cities.
11. York, Pennsylvanien
York is the largest city in Pennsylvania with a population of over 444,000. It's only 100 miles from the Atlantic if you enjoy spending time on the beach. This is a historic city with a large population but more of a small town with historic sights and a rich history to explore. York has a lower cost of living than most cities in the region. The median household income is $46,930 with a median home price of $171,292. It's easy to try in York.
10. Providence, Rhode Island
With a population of over 1.6 million, Providence is one of the largest cities on the east coast. The median home price is $270,408 and annual household income is $53,730, making it easier to survive thanks to the lower cost of living. Providence is home to Citizens Financial Group, Brown University, Roger Williams Medical Center and more.
9. Playa Virginia, Virginia
Virginian Beach is a city of over 1.7 million people in its metropolitan area. It's one of the largest cities on the east coast, but also one of the most accessible. Virginia Beach offers a median annual income of $48,450. The median home price is $235,025, offering a solid income-to-cost ratio when it comes to affordability. Virginia Beach offers all the conveniences one could wish for in city life. It is one of the most desirable places to live in the region.
8. Springfield, Massachusetts
Springfield is a major city with over 630,000 residents. It is only 60 miles from downtown and all its amenities to the Connecticut coast for fishing and beach activities. This is a very desirable place to live because of the amenities that include shopping, fine dining, recreation and entertainment. The average house price in Springfield is $210,708 with an average annual salary of $52,540. This makes it an affordable place to live in a city with a high quality of life.
7. Lesen, Pennsylvania
Reading is an inland metropolis 100 miles from the ocean and recreational beaches. The city's population is 416,642 residents with a wide range of desirable amenities. There is so much to do in Reading but what makes it such a great place to live is the low cost of living. The median annual salary is $48,480 with an extremely low median price of just $154,092.
6. Hartford, Connecticut
With a population of over 1.2 million, Hartford is one of Connecticut's largest cities. The Hartford population has an average annual salary of $60,820. That's higher than many other places nearby. The median home price is also very low at $217,358. The annual salary is nearly $9,000 above the national average, making this one of the cheapest places to live.
5. Myrtle Beach, Carolina do Sul
Myrtle Beach is one of the most popular vacation spots on the east coast. The city has a population of 447,775 inhabitants. It is a fast growing city due to its attractiveness with good living standards. The city's rapid growth is partly due to the affordable cost of living. While the median annual salary is just $36,950, the median home price is low at $184,675. It's a good place to start a family and there's plenty to doPlaya Myrtle. The city is filled with every amenity one could wish for. It's listed as one of the best places to live on the east coast.
4. Wooded Acres, South Carolina
Stapler Sea, Forest Acres is a smaller city in South Carolina with a population of only 10,433 residents. In this city, 75% of residents own property and 25% rent. This is one of the best places to live if you are looking for affordable housing. The median annual household income is $64,926, which is higher than many small towns. The median home value is $186,700 with an average rent of $922 per month. The city is community-oriented and offers a healthy program of activities and events. There are rooftop concerts, seasonal gatherings, and a weekly farmers' market spring through fall. Forest Acres also has several parks in its neighborhood.
3. Clemmons, Carolina do Norte
Clemons is a smaller town with a population of 20,050. It lies on the outskirts of the metropolis of Winston-Salem in a charming village setting. Clemmons has a rich history and many amenities. There is so much to do in this city with many museums, shops, restaurants and if you like the outdoors there are miles of hiking trails. The median household income is high at $70,918 per year, but the cost of houses is low, with average house values of $214,400. 74% of residents own their own home. Those who rent also enjoy an average monthly rent of $878. This is one of the cheapest places to live on the East Coast.
2. Raleigh, North Carolina
RaleighIt has a population of 457,159 inhabitants. It is a city full of vibrant cultural diversity. It has a rich and turbulent history as the city was founded in 1792 and is the capital of North Carolina. The arts and culture scene is thriving and there are many places for entertainment and recreation. It's packed with shopping, museums, healthy nightlife, outdoor recreation and fun. The median household income is $63,891. The median home value is $236,700 with an average monthly rent of $1,074.
1. Avon, Connecticut
Avon is a smaller town with a population of just 18,338. Located in the Farmington Valley, it is one of the wealthiest cities on the east coast. This is where the renowned boarding school of Avon Old Farms School is located. The median home value is $385,100 and 86% of residents own their homes. The average household income is $132,500 which is high making it a very affordable place to live.