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Kiplinger: Harlingen is most affordable city in U.S.Kiplinger: Harlingen is most affordable city in U.S.https://www.recenter.tamu.edu/news/newstalk-texas/?Item=41052014-05-30T12:26:00Z2014-05-29T00:00:00Z

HARLINGEN - Harlingen was named the most affordable city in the nation to live in, according to a recent study from Kiplinger’s Personal Finance magazine using cost of living data from the U.S. Census Bureau.

The study found that Harlingen’s cost of living is 18.4 percent below the national average. Inexpensive housing is a big factor in Harlingen’s affordability, with a median home value of $77,700.

Affordable food also distinguishes the city. Of the 308 urban areas examined by the Cost of Living Index, just three have cheaper groceries than Harlingen.

Affordability doesn't necessarily equate to prosperity. One in three Harlingen residents live below the poverty line, nearly double the poverty rate for Texas and more than double the U.S. rate. The median household income in Harlingen was listed at $34,096.

Other Texas cities to make the top ten were eighth-ranked Wichita Falls and ninth-ranked Temple.

See the top ten most affordable U.S. cities to live in at Kiplinger.

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http://www.kiplinger.com/slideshow/real-estate/t006-s001-10-cheapest-u-s-cities-to-live-in/Read more at {Source}

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