Home prices may feel like they’re soaring in Texas, but a new ranking shows the overall cost of living in the Lone Star State is pretty reasonable.
In fact, Texas ranks ninth on CNBC’s new list of America’s 10 cheapest states to live in 2017.
“The rapid change in the Texas economy following the recent collapse of oil prices has been difficult for the Lone Star State, but the silver lining appears to be a substantial drop in the cost of living — merchants simply can’t charge as much these days,” CNBC says. Last year, Texas appeared at No. 21 on the list.
“One of the most powerful ways to attract great workers is to provide them an affordable place to live. These 10 states certainly have that going for them,” CNBC says.
On average homes across…