Of the different “Lists” Texarkana has been included in, this is one we feel is pretty accurate. Texarkana has been listed by Kiplinger as one of the Top 25 cheapest cities to live in. Other than what seems like really high rent, from our experience costs are less here. Take a look at the entire list.
Click on the links to find out the details of why each city ranks where they do.
From Kiplinger:
25 CHEAPEST U.S. CITIES TO LIVE IN
We compiled our rankings based on the Council for Community and Economic Research’s calculations of living expenses in 270 urban areas. Its Cost of Living Index measures prices for housing, groceries, utilities, transportation, health care and miscellaneous goods and services such as going to a movie or getting your hair done at a salon.
25. Lynchburg, Virginia
24. Springfield, Missouri
23. Temple, Texas
22. Jonesboro, Arkansas
21. Morristown, Tennessee
20. Danville, Illinois
19. Wichita Falls, Texas
18. Hattiesburg, Mississippi
17. Texarkana, Texas/Arkansas
16. Oklahoma City, Oklahoma
15. Sequin, Texas
14. Decatur/Hartselle, Alabama
13. Florence, Alabama
12. Tulsa, Oklahoma
11. Jackson, Tennessee
10. Anniston, Alabama
9. Knoxville, Tennessee
8. Fayetteville, Arkansas
7. Conway, Arkansas
6. Memphis, Tennessee
5. Amarillo, Texas
4. Joplin, Missouri
3. Kalamazoo, Michigan
2. Harlingen, Texas
1. McAllen, Texas
In listing Texarkana at number 17, these were the stats in the original post from Kiplinger:
Cost of living: 13.4% below U.S. average
City population: 151,675
Median household income: $45,212
Median home value: $110,900
Unemployment rate: 6.6%
The twin cities of Texarkana, Texas, and Texarkana, Ark., make up some of the most affordable real estate to live in the U.S., especially when it comes to some of life’s biggest expenses.
Housing-related costs are about a third below the U.S. average. Apartments rent, for example, averages $718 a month in this border city. Nationally, the average rent comes to $1,169. Grocery items, utilities, health care and transportation are all significantly cheaper, as well.
A trip to the doctor in Texarkana costs an average of $95, according to the Cost of Living Index. Nationally, a doctor’s visit costs $115.67. And a dozen eggs will go for $1.28 in Texarkana vs. a national average of $1.45.
