6 Affordable Cities for Waterfront Property in the US: A Guide to Affordable Living by the Water
Many Americans dream of owning waterfront property, but the high cost of living in popular coastal areas can make it seem out of reach. However, there are some surprisingly affordable places to own waterfront property in the United States. In this article, we'll explore six cities that offer affordable waterfront properties and a low cost of living.
Cleveland, Ohio
Cleveland sits on the shores of Lake Erie and offers a variety of water activities such as boating, fishing, and swimming. The average home value in Cleveland is $108,532, and the average monthly mortgage payment is $643. The total cost of living annually is $30,108, and the livability score is 72.
Jamestown, New York
Jamestown is home to five lakes and offers stunning natural beauty. The average home value in Jamestown is $114,323, and the average monthly mortgage payment is $677. The total cost of living annually is $30,256, and the livability score is 68.
Port Arthur, Texas
Port Arthur offers a mix of tranquility and access to the Intracoastal Waterway or Sabine Lake. The average home value in Port Arthur is $107,050, and the average monthly mortgage payment is $634. The total cost of living annually is $30,281, and the livability score is 61.
Toledo, Ohio
Toledo sits on the shores of Lake Erie and offers ample opportunities for water activities such as boating, fishing, and kayaking. The average home value in Toledo is $119,488, and the average monthly mortgage payment is $708. The total cost of living annually is $30,777, and the livability score is 66.
Pascagoula, Mississippi
Pascagoula is a sleepy beach town known for its coastal charm and tight-knit community. The average home value in Pascagoula is $134,834, and the average monthly mortgage payment is $798. The total cost of living annually is $32,213, and the livability score is 70.
Detroit, Michigan
Detroit may be known for its gritty image, but it also offers beautiful waterfront properties. The average home value in Detroit is $71,503, and the average monthly mortgage payment is $423. The total cost of living annually is $32,663, and the livability score is 73.
In conclusion, owning waterfront property doesn't have to be a pipe dream for many Americans. By considering these six cities with affordable waterfront properties and low cost of living, you can make your dream of owning waterfront property a reality. Whether you're looking for a serene escape or an active lifestyle by the water, these cities offer a great combination of affordability and accessibility to waterfront properties.
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