Let’s face it: Owning a car is expensive. Therefore, perhaps you’ve decided to seek out an affordable new hometown where you don’t need one.
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Considering the average cost of owning and operating a vehicle in the U.S. is $10,728 per year, according to the Bureau of Transportation Statistics, this decision can save you serious cash.
In fact, the average annual cost of living in the U.S. is $38,266, so opting out of car ownership can make it much easier to stay on budget. Of course, when you think about places where you don’t need a car to get around, New York City, Washington, D.C., and Chicago likely come to mind — and they aren’t exactly cheap.
To make this decision easier, GOBankingRates conducted a study to determine the five best affordable places to live if you don’t have a car. All cities on this list have a lower annual cost of living than the U.S. average — our monthly cost of living calculation includes public transport, healthcare, groceries, utilities and miscellaneous expenses.
Here are the five best affordable cities you’ll want to consider moving to if you don’t own a car.
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