10 Best Places to Live If You’re Trying to Save Money (And 10 Worst)

  • Amit Ojha

    Really Helpful Article

  • Peggy

    Dang, the article should be titled: Why You Need to Move Out of California if You Want Any Chance of Saving.

  • Celine Foord

    This Was so interesting. Now I need to figure out how to save like I was living in one of the top 10 best states without leaving California…

  • Roland

    The #1, #2, #3, and #7 worst places are the only cities I ever lived in except for Santa Barbara for college. Yikes.

  • Fred

    This information is horribly out of date. Portland was discovered by the New York Times several years ago and rent has been spiraling out of control ever since – provided you can even find a vacancy.

  • R Nak

    Completely useless article.
    Whatever formula they use to rate these cities, obviously weighted housing value heavily

    Most people in California that survived 2008, have more wealth/savings in their home equity in the last 4 years than anyone else saved. According to Zillow, the avg home in California appreciated $150,000.

    How much did the family in Anchorage save in the last 4 years?

    • MultiKdizzle

      Yes but only 55% of Californians own their homes, 10% below the national average and lower in urban areas.

      The rest of us are paying the highest rents in the country, except for NYC.

    • Paraskevi

      Anchorage: high wages with a growing job market; NO state income tax; NO state Capitol gains tax; NO real estate market crash, but steady appreciation; we have an Energy Rebate program that provides a homeowner up to $10,000 for making energy use improvements to our homes; and we hold an interest in oil production and receive a check for $1,000-2,000 for EACH of us each October.
      So… How do YOU think we’re doing?
      It’s sunny and 70 today… I think I’ll go hike the mountain I see from my kitchen window, then go have some Korean food for dinner… maybe then go see a movie at the 16-plex, and catch the sunset at 11:30 from the overlook at Arctic Valley on my way home.
      Life. IS. Better. In Alaska.

      • Gayle Neufeld

        I’m not sure how you are doing it, but I have been living paycheck to paycheck in Alaska for the 18 years I’ve lived here. The only way to be able to save any money is to have more than one income.

      • Alaska

        @Paraskevi, I know how Alaska is doing unfortunately. Most of my friends and family are there still. Alaska is rapidly going broke due to public corruption and the State’s dependence on rapidly shrinking oil revenues, home prices are still artificially inflated, the jobs market is tanking, and the Legislature is well on its way to getting its corrupt hands on the Permanent Fund. State income taxes are right around the corner, and many localities have implemented, or are considering, sale taxes. Now how much was that pesky shortfall this year?

  • Millie

    Live in/enjoy Portland but obviously they didn’t factor in the property taxes or new “art tax” plus they want to push through a road tax as well. Decent city but not so cheap to live/save.

  • Jen

    Too bad they used a picture of Indianapolis, Indiana for the Fort Wayne, Indiana post… -unamused Fort Wayne resident

  • EJ

    So you’re telling me it’s expensive to live in places that are awesome, and cheap to live in places that suck?

  • David Mariscal

    It’s no coincidence that the best cities for saving money also rate as the best for sitting at home marinating in your own flatulence due to lack of nightlife, attractions, and culture.

    As with most things, you get what what you pay for, if all you want to do is hang at at home, then as long as work is close by and pays enough to maintain quality of life, then anywhere works, but if you want to go to the beach regularly, ski, sail, or want entertainment, or other attractions nearby, you’ll pay for it.

  • Alaska

    Boise is a GREAT place…if you don’t mind the expensive utilities, gasoline, 100+ deg summers, constant drought, and amongst the highest income, property, and sales taxes in the nation. If you are looking for a job, I hope you like working minimum wage call centers, there isn’t a great deal else; there is a reason the BLS shows Idaho has the highest number of people in the nation per capita living on or below minimum wage, not to mention one of the highest populations per capita on public assistance. If you are in the medical field, jobs do seem to be more readily available. Oh, and let’s not forget that the Center for Public Integrity named Idaho as one of the most corrupt states in the US. I deeply regret ever moving to this place.

    By the way, in the picture of Lincoln, NE, I don’t remember Lincoln having Cape Cod style homes and being on the ocean… How much do these writers get paid to write these garbage articles?