McAllen in Top 10 of Most Affordable Cities

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McAllen in Top 10 of Most Affordable Cities

McAllen 2040 Comprehensive Plan
(courtesy)

For working adults looking to navigate rising costs and fight the stress of inflation, financial services company Empower set out to find the most affordable U.S. cities. To create its rankings, it analyzed 113 U.S. cities across multiple categories, including data on home prices, average income, cost of living and employment rates. It also asked 800 working adults about what they look for in a city and where they want to live the most. Based on the ratings and results of the survey, McAllen was ranked as the number 10 most affordable city for working adults.

Cost of living (55 percent) was the highest priority for working adults when choosing where to live, as was a a low cost of living. Being close to family (30 percent), safety (28 percent) and employment opportunities (27 percent) were also top priorities for this group.

Additionally, U.S. News has named McAllen the ninth best place to live in Texas. A high quality of life, an abundance of medical facilities and a young, bicultural community are draws, in addition to the city being a center for retail, international trade, tourism and manufacturing.

“For those of who choose to live and work in McAllen, we know that in all of these categories, McAllen continues to rank high for its residents to be able to enjoy a high quality of life, live in a safe and good home and earn a decent living with a bustling and growing job market,” said McAllen Mayor Javier Villalobos.

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