Iowa
The Hawkeye State is the cheapest state in the US to buy a house. According to CNN Money, Iowa is an excellent place to buy a home for millennials in particular.
“ Iowa is the easiest state in the country for first-time buyers, according to the report, thanks to its affordable home prices and strong job market for Millennials. “
Over the past 58 years, the price to purchase a home in the United States has increased by 118% but average incomes have only increased by 15%. That’s a striking disparity.
