BUSINESS
11/27/2012 05:34 pm ET

Most Affordable U.S. Cities: CNBC

From CNBC:

The Council for Community and Economic Research (C2ER) has released their third-quarter data for 2012, in which they rank 304 urban areas according to average local costs. Among the components were: food items, home purchase or rental, clothing, utilities, services, health care, and other expenses.

Not much has changed on the top of the list in the last few quarters' reports: New York City still holds down the number one spot at 229.6 — more than twice the national average cost of living. Brooklyn again took second place at 180.2.

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Yet down the list where the least expensive cities are, there is more turnover. The cost of living index numbers for the ten least expensive urban areas all fall into a range of roughly 7 percentage points: from 86.4 to 79.5. That's partly why the majority of following list of places that had the lowest cost of living, is different from the last quarter's list. And now, a countdown to the most affordable urban area, which includes some of the most inexpensive products they offer.

See the full slideshow: America's most affordable cities

These are the most affordable U.S. cities, according to CNBC:

Most Affordable U.S. Cities: CNBC

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