The Council for Community and Economic Research, a nonprofit group that provides information on local economic trends, recently compared the cost of living in 265 urban areas in the U.S. Based on the price of housing, utilities, grocery items, transportation, health care, and miscellaneous goods and services McAllen is the least expensive city for living in the U.S.A.
The rankings were compiled based on the ACCRA Cost of Living Index produced by the Council for Community and Economic Research. Average in New York(Manhattan) NY to more than 20 percent below the national average in McAllen, TX.
“Cost of living is an important aspect to quality of life. Other things being equal people would prefer to reside where living cost are lower. It’s also an important aspect of the cost of doing business so this ranking is helpful to our business development efforts,” according to Ivan Gonzalez, Vice President of Business Development and Governmental Affairs of the McAllen Chamber of Commerce. “Costs of living reflect many things, but a consistently low cost of living is a good sign that McAllen is an excellent place to live and do business,” Ivan concluded.