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CBSMoneyWatch: 10 Cheapest Places to Live in the U.S.

McAllen, Texas

The average cost of a home in McAllen, Texas, the third-least expensive community in the country, is $178,000, while a two-bedroom/two-bath apartment rents for $708. The cost of living in McAllen, population of 130,831, is 16.2 percent cheaper than the national average.

(iStock)

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