Whether you’re looking to buy a home to live in or to rent out, affordability may be top of mind. If you’re looking to get work, or want to ensure you have a large pool of possible renters, buying in an area with a strong economy is also a good idea.
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A new ranking from The Wall Street Journal and Realtor.com analyzed 200 metro areas to identify the markets that offer prospective homebuyers a lower cost of living, including for homes, and thriving local economies. Here are the 20 markets that came out on top.
Also see states with the lowest cost of living for single people.
Canton-Massillon, Ohio
- Population: 399,474
- Unemployment rate: 4.7%
- Median home listing price: $259,000
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