Here's the Cost To Live in the US Cities With the Best Quality of Life
While cost of living is an incredibly important factor to consider when making any kind of financial plans for your life, perhaps less tangible but no less important is 'quality of life' — the measure of overall safety, education, healthcare and even commute times in your local area. After all, these elements are crucial to enjoying daily life and feeling satisfied with what that life financially costs you.
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Recently, U.S. News & World Report (UNWR) curated a list of the American cities with the highest Quality of Life Index (a system measuring the satisfaction level of residents in various cities). Further, UNWR broke down the cost of living for such high-quality cities — specifically, the average housing prices and median household income for cities that topped their Quality of Life Index.
Wondering whether you could afford to live in an American city with a higher quality of life than nearly any other? Planning to retire somewhere with an easy commute, low crime and excellent healthcare? Check out the list to find out whether one of the 20 American cities with the best quality of life fits into your financial plan.
Median home value: $1,272,125
Median household income: $144,602
Livability score: 5.8
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Median home value: $1,170,994
Median household income: $193,307
Livability score: 6.5
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Median home value: $1,004,244
Median household income: $189,538
Livability score: 6.8
Median home value: $1,235,465
Median household income: $162,072
Livability score: 6.1
Median home value: $605,251
Median household income: $96,668
Livability score: 5.1
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Median home value: $560,849
Median household income: $98,605
Livability score: 6.2
Median home value: $985,214
Median household income: $130,052
Livability score: 5.7
Median home value: $990,492
Median household income: $127,516
Livability score: 6.3
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Median home value: $636,683
Median household income: $127,516
Livability score: 6.3
Median home value: $410,180
Median household income: $62,393
Livability score: 4.5
Median home value: $627,797
Median household income: $163,286
Livability score: 6.8
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Median home value: $830,848
Median household income: $141,140
Livability score: 6.1
Median home value: $584,446
Median household income: $96,149
Livability score: 6.0
Median home value: $287,909
Median household income: $65,648
Livability score: 5.6
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Median home value: $276,828
Median household income: $63,944
Livability score: 5.5
Median home value: $2,764,855
Median household income: $223,951
Livability score: 6.1
Median home value: $660,984
Median household income: $180,103
Livability score: 6.2
Median home value: $399,216
Median household income: $93,832
Livability score: 6.1
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Median home value: $729,136
Median household income: $78,477
Livability score: 4.4
Median home value: $337,136
Median household income: $68,895
Livability score: 5.4
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Average single-family home value: $577,446 Average monthly mortgage cost: $3,336 Average monthly expenditures cost: $1,577 Total cost of living monthly: $4,913 Total cost of living annually: $58,954 Explore More: Average single-family home value: $495,587 Average monthly mortgage cost: $2,863 Average monthly expenditures cost: $2,071 Total cost of living monthly: $4,934 Total cost of living annually: $59,214 Average single-family home value: $432,225 Average monthly mortgage cost: $2,497 Average monthly expenditures cost: $2,487 Total cost of living monthly: $4,985 Total cost of living annually: $59,815 Average single-family home value: $496,928 Average monthly mortgage cost: $2,871 Average monthly expenditures cost: $2,130 Total cost of living monthly: $5,001 Total cost of living annually: $60,016 Average single-family home value: $536,681 Average monthly mortgage cost: $3,101 Average monthly expenditures cost: $1,906 Total cost of living monthly: $5,006 Total cost of living annually: $60,077 Average single-family home value: $578,942 Average monthly mortgage cost: $3,345 Average monthly expenditures cost: $1,923 Total cost of living monthly: $5,268 Total cost of living annually: $63,221 Average single-family home value: $612,198 Average monthly mortgage cost: $3,537 Average monthly expenditures cost: $1,907 Total cost of living monthly: $5,444 Total cost of living annually: $65,331 Average single-family home value: $637,189 Average monthly mortgage cost: $3,681 Average monthly expenditures cost: $1,887 Total cost of living monthly: $5,569 Total cost of living annually: $66,824 Average single-family home value: $686,102 Average monthly mortgage cost: $3,964 Average monthly expenditures cost: $2,095 Total cost of living monthly: $6,059 Total cost of living annually: $72,712 Be Aware: Average single-family home value: $761,960 Average monthly mortgage cost: $4,402 Average monthly expenditures cost: $1,700 Total cost of living monthly: $6,103 Total cost of living annually: $73,233 Average single-family home value: $736,335 Average monthly mortgage cost: $4,254 Average monthly expenditures cost: $1,914 Total cost of living monthly: $6,168 Total cost of living annually: $74,016 Average single-family home value: $932,824 Average monthly mortgage cost: $5,390 Average monthly expenditures cost: $1,807 Total cost of living monthly: $7,196 Total cost of living annually: $86,356 Average single-family home value: $3,412,226 Average monthly mortgage cost: $19,715 Average monthly expenditures cost: $1,904 Total cost of living monthly: $21,619 Total cost of living annually: $259,426 Methodology: For this study, GOBankingRates analyzed U.S. cities in Arizona to find the places that frugal retirees should avoid. Using the U.S. Census' American Community Survey cities in Arizona were identified along with the total population, population ages 65 and over, total households, and household median income. With the cities identified the cost of living indexes were sourced from Sperling's BestPlaces and include the grocery, healthcare, housing, utilities, transportation, and miscellaneous cost of living indexes. Using the cost of living indexes and the national average expenditure costs for retired households, as sourced from the Bureau of Labor Statistics Consumer Expenditure Survey, the average expenditure cost for each location can be calculated. The livability index was sourced from AreaVibes for each location as supplemental information. The average single-family home value was sourced from Zillow Home Value Index for February 2025. Using the average single-family home value, assuming a 10% down payment, and using the most recent (March 13, 2025) national average 30-year fixed mortgage rate, as sourced from the Federal Reserve Economic Data, the average mortgage can be calculated. Using the average mortgage and average expenditure costs, the average total monthly and annual cost of living can be calculated. The cities were sorted to show the highest total cost of living as well as the highest expenditure costs, showcasing the places frugal retirees should avoid. All data was collected on and is up to date as of March 19, 2025. More From GOBankingRates 10 Cars That Outlast the Average Vehicle This article originally appeared on Frugal Retirees Should Steer Clear of These 13 Ultra-Expensive Arizona Cities Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data