Benton Harbor, Mich.

Cost of living: 12.6% below national average
City population: 9,843
Median household income: $21,916 (U.S.: $65,712)
Median home value: $63,300 (U.S.: $240,500)
Unemployment rate: 6.0% (U.S.: 6.0%)
Located near Lake Michigan, around 50 miles west of Kalamazoo, Benton Harbor is one of the most affordable small towns in the United States. It is mainly known for being home to Whirlpool (WHR), the global home appliances manufacturer, but there’s more to it than that.
Benton Harbor is one of those small towns where the cost of living is well below the national average, 12 percent less to be more precise. If you’re looking for a cheap home, you should know that the average real estate price is 74% lower than the national median! In addition, housing costs, as well as rents and mortgages, are 32 percent lower in this small town, as reported by C2ER’s Cost of Living Index.
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