Special Report

The Cheapest City to Buy a Home in Every State

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Hawaii: Hilo
> Median home value: $329,200 (Hawaii: $615,300)
> Median monthly housing costs with a mortgage: $1,570 (Hawaii: $2,418)
> Share of housing units with a mortgage: 58.0% (Hawaii: 65.1%)
> Homeownership rate: 60.7% (Hawaii: 58.9%)
> Median household income: $63,283 (Hawaii: $81,275)

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Idaho: Pocatello
> Median home value: $148,200 (Idaho: $212,300)
> Median monthly housing costs with a mortgage: $1,089 (Idaho: $1,270)
> Share of housing units with a mortgage: 61.7% (Idaho: 64.6%)
> Homeownership rate: 62.5% (Idaho: 70.0%)
> Median household income: $46,617 (Idaho: $55,785)

Illinois: East St. Louis
> Median home value: $54,500 (Illinois: $194,500)
> Median monthly housing costs with a mortgage: $985 (Illinois: $1,693)
> Share of housing units with a mortgage: 37.0% (Illinois: 63.3%)
> Homeownership rate: 47.1% (Illinois: 66.1%)
> Median household income: $24,343 (Illinois: $65,886)

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Indiana: Gary
> Median home value: $66,100 (Indiana: $141,700)
> Median monthly housing costs with a mortgage: $971 (Indiana: $1,148)
> Share of housing units with a mortgage: 45.1% (Indiana: 65.5%)
> Homeownership rate: 50.6% (Indiana: 69.1%)
> Median household income: $31,936 (Indiana: $56,303)

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Iowa: Marshalltown
> Median home value: $94,300 (Iowa: $147,800)
> Median monthly housing costs with a mortgage: $1,056 (Iowa: $1,260)
> Share of housing units with a mortgage: 63.0% (Iowa: 60.6%)
> Homeownership rate: 64.7% (Iowa: 71.1%)
> Median household income: $52,035 (Iowa: $60,523)

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