Special Report

The City With the Lowest Housing Costs in Every State

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Montana: Great Falls
> Est. annual housing costs: $9,696 (Montana: $10,972)
> Median family income: $67,789 (Montana: $72,773)
> Homeownership rate: 66.6% (Montana: 68.5%)
> Median home value: $184,400 (Montana: $244,900)
> No. of metros considered in ranking: 3

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Nebraska: Lincoln
> Est. annual housing costs: $10,512 (Nebraska: $10,551)
> Median family income: $82,381 (Nebraska: $80,125)
> Homeownership rate: 59.8% (Nebraska: 66.2%)
> Median home value: $188,700 (Nebraska: $164,000)
> No. of metros considered in ranking: 2

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Nevada: Carson City
> Est. annual housing costs: $12,276 (Nevada: $13,543)
> Median family income: $69,727 (Nevada: $74,077)
> Homeownership rate: 58.2% (Nevada: 57.1%)
> Median home value: $299,900 (Nevada: $290,200)
> No. of metros considered in ranking: 3

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New Hampshire: Manchester-Nashua
> Est. annual housing costs: $15,768 (New Hampshire: $15,267)
> Median family income: $103,238 (New Hampshire: $97,001)
> Homeownership rate: 65.7% (New Hampshire: 71.2%)
> Median home value: $287,900 (New Hampshire: $272,300)
> No. of metros considered in ranking: 1

*Because Manchester-Nashua is the only eligible metro in New Hampshire, it is the metro with the lowest highest housing costs by default.

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New Jersey: Vineland-Bridgeton
> Est. annual housing costs: $16,236 (New Jersey: $19,811)
> Median family income: $67,467 (New Jersey: $104,804)
> Homeownership rate: 66.3% (New Jersey: 64.0%)
> Median home value: $166,400 (New Jersey: $343,500)
> No. of metros considered in ranking: 4

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