Even though Erie is the fourth largest city in Pennsylvania, it still has low home prices and a low cost of living. In Erie, the median home price is $84,700, which is much lower than the Pennsylvania average. AreaVibes gave it a cost of living ranking of 70, which is also far below the average. Plus, Erie has a low average effective property tax rate of 1.66 percent. Since Erie is a pretty large city, you’ll find plenty of fun things to do. If you want to spend some time outdoors, head to Presque Isle State Park. This park is right on Lake Erie, and it has 11 miles of beaches and lagoons. It’s also home to a concert space, a lighthouse, and an environmental center. Erie also has tons of delicious restaurants in its downtown area, including high-end bistros and fun pubs.