10 cheapest places to live in the U.S.

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Harlingen, Texas

For three straight years, Harlingen, Texas, has ranked as America's most affordable city. Its cost of living index of 81.8 in 2012 fell 0.6 from the previous year.

McAllen, Texas

McAllen's index of 85.6 is nearly 15 percent below the national average. The Census Bureau reported that from 2000 to 2010, McAllen grew 39.3 percent, which made the city the seventh fastest growing in America.

Norman, Okla

With a cost of living index of 85.6, 14.4 percent below the national average, Norman, Okla., is the third-least expensive city in the U.S.

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Ardmore, Okla

Ardmore's cost of living index of 85.9 is roughly 14 percent below the national average, according to the Council for Community and Economic Research.

Memphis, Tenn.

Memphis, America's fifth-least expensive city according to the Cost of Living Index, has a population of 652,050, based on the latest data from the U.S. Census Bureau. 

Fayetteville, Ark.

Fayetteville, Ark., has a cost of living index of 86, which makes it the only city in Arkansas in the top 10 most affordable places in the U.S. 

Wichita Falls, Texas

Wichita Falls has a cost of living index of 86.4, nearly 14 percent below the national average. The city is the 30th most populous in Texas, according the latest data from the U.S. Census Bureau.

Muskogee, Okla.

Muskogee, Okla., has a cost of living index of 86.9, roughly 13 percent below the national average, according to the Council for Community and Economic Research.

Pueblo, Colo.

Nestled at the confluence of the Arkansas River and Fountain Creek, the city of Pueblo, Colo., is the ninth-least expensive in the United States.

Ashland, Ohio

Ashland, Ohio, ranks as the 10th most affordable city in the U.S., according to the Council for Community and Economic Research.

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