10 Cheapest Places to Live in the US

8) Idaho Falls, Idaho

The Council for Community and Economic Research listed Idaho Falls as one of the “Cheapest Places to Live” with a cost of living 14.4 percent below the national average. By Forbes’ calculation, it is 11 percent below the average. The median household income is $52,596 and the median home price is $123,500. The city is a regional hub for business, travel and healthcare, and it is the headquarters for the United Potato Growers of Idaho. The city has received accolades from several publications. Business Week named it “One of the Best Places to Raise Kids” in 2010, and CNN’s Money named it a “Top 100” city. In 2016, Forbes included it on several lists, including “Best Places for Business and Careers,” “Cost of Doing Business”, “Job Growth,” and “Education.”