This Iowa Town Is One of the 5 Most Affordable Places in America

Iowa's third-largest city is one of the cheapest places to live in America.

Davenport made a huge leap this year in the U.S. News and World Report rundown of the 25 Most Affordable Cities in the U.S., up from 38th in 2023 to fifth in 2024.

The city of 101,979 has a median household income of $67,197 and a low 23 percent of income spent on living expenses.

Unemployment is also low at less than five percent (4.95%), while the median home price is $170,262 and the median monthly rent is $1,036.

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MOST AFFORDABLE PLACES TO LIVE IN THE U.S.

1. Fort Wayne, Indiana
2. Huntsville, Alabama
3. Wichita, Kansas
4. Springfield, Missouri
5. Davenport, Iowa
6. Hickory, North Carolina
7. Montgomery, Alabama
8. Green Bay, Wisconsin
9. Little Rock, Arkansas
10. Oklahoma City, Oklahoma