More In Lifestyle

No. 8 Cheapest Place to Live: Fort Smith, Ark., area

bloomberg

Where a Dollar Goes Farther No. 25 Cheapest Place to Live: Americus, Ga., area No. 24 Cheapest Place to Live: Murfreesboro-Smyrna, Tenn., area No. 23 Cheapest Place to Live: Cedar City, Utah, area No. 22 Cheapest Place to Live: Memphis, Tenn., area No. 21 Cheapest Place to Live: Springfield, Mo., area No. 20 Cheapest Place to Live: Paducah, Ky., area No. 19 Cheapest Place to Live: Ardmore, Okla., area No. 18 Cheapest Place to Live: Salina, Kan., area No. 17 Cheapest Place to Live: Wichita Falls, Tex., area No. 16 Cheapest Place to Live: Indianapolis area No. 15 Cheapest Place to Live: Johnson City, Tenn., area No. 14 Cheapest Place to Live: Conway, Ark. No. 13 Cheapest Place to Live: Temple, Tex. No. 12 Cheapest Place to Live: Martinsville-Henry County, Va. No. 11 Cheapest Place to Live: Sherman-Denison, Tex., area No. 10 Cheapest Place to Live: Springfield, Ill., area No. 9 Cheapest Place to Live: Muskogee, Okla., area No. 8 Cheapest Place to Live: Fort Smith, Ark., area No. 7 Cheapest Place to Live: Brownsville, Tex. No. 6 Cheapest Place to Live: Commerce-Hunt County, Tex. No. 5 Cheapest Place to Live: Cookeville, Tenn., area No. 4 Cheapest Place to Live: McAllen, Tex., area No. 3 Cheapest Place to Live: Pryor Creek, Okla. No. 2 Cheapest Place to Live: Pueblo, Colo., area No. 1 Cheapest Place to Live: Harlingen, Tex.

No. 8 Cheapest Place to Live: Fort Smith, Ark., area

Monthly rent for 2-br apartment: $456
Monthly house payment: $926
Gallon gas: $2.697
Hamburger: $3.13
Half-gallon milk: $1.97

The Fort Smith area, on the banks of the Arkansas River, is the state's third-largest metropolitan statistical area, after the Little Rock and Fayetteville MSAs. The top occupational areas, by number of jobs, are management-and-professional, production, transportation, and sales-and-office, according to the Fort Smith Regional Chamber of Commerce. Leading employers include poultry producer O.K. Industries, Whirlpool (WHR), and Baldor Electric.