To come up with the list of the best value big cities, places with over 500,000 in population were ranked based on economic strength, affordability, livability, and home price forecasts. The data used came from OnBoard Informatics, CoreLogic and NeighborhoodScout. Check out the following places if you like living in big cities with lower cost of living.
1. Charlotte, N.C.
• The population in this city is 777,310
• The median home price is $164,100
• The average property tax is $2,450
• The median family income is $63,500
• The projected five-year job growth rate is 6.5 percent
2. Phoenix, Ariz.
• The population in this city is 1,511,870
• The median home price is $199,100
• The average property tax is $1,330
• The median family income is $56,800
• The projected five-year job growth rate is 6.0 percent
3. Fort Worth, Texas
• The population in this city is 783,770
• The median home price is $120,600
• The average property tax is $3,560
• The median family income is $59,800
• The projected five-year job growth rate is 6.2 percent
4. Boston, Mass.
• The population in this city is 637,520
• The median home price is $368,600
• The average property tax is $5,530
• The median family income is $62,000
• The projected five-year job growth rate is 0.4 percent
5. Chicago, Ill.
• The population in this city is 2,737,170
• The median home price is $222,800
• The average property tax is $3,230
• The median family income is $54,600
• The projected five-year job growth rate is 1.8 percent
