Where is the cheapest place to live in California?
Lifestyle bargains can be found in California according to a new study that shows the cost of living in nine of the state’s smaller metro areas runs below what the typical American pays.
Once a year, the federal Bureau of Economic Analysis releases its “price parity” report comparing living expenses in 389 U.S. metropolitan areas. The math involves the cost of goods, services and housing and provides a yardstick for potential cost-of-living bargains. The report shows a 49% difference between California’s most-affordable community and its priciest.