Ranked: the cheapest places to live in America that also have good weather.
ranked the cheapest places to live in America with the best weather. To come up with the list, PropertyShark looked at U.S. cities with more than 150,000 residents, then analyzed the cost of housing and the quality of the climate.
In order to be considered for the list, homeowners needed to spend no more than 30% of their earnings on a monthly housing payment. For weather, PropertyShark factored in the number of days with clear skies, the number of days with extreme temperatures and the number of rainy and windy days. The result? “Americans looking for both mild climates and affordable homes will mostly find options in the humid, subtropical regions of the South and the Southeast,” says PropertyShark’s Irina Lupa.... [+]Coming in at the top of the list: Charlotte, North Carolina, which ranks high thanks to affordable housing, a moderate cost of living, high-paying jobs, a vibrant community and year-round mild weather.
When it comes to housing, Charlotte has a median income of $62,817 and a median home sale price of $298,296, resulting in an affordability index of 29% . Raleigh—on the other hand—has a median income of $67,266 and a median home sale price of $230,250, putting it at a lower affordability index of just 21%.
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