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16. Elkhart, Indiana

Elkhart is a low-cost city with a population of 53,923 as of the 2020 census. Halfway through 2022, unemployment in Elkhart was 1.6% compared to the 3.7% average across the 300 metros in the WSJ's Emerging Housing Markets Index.

Elkhart produces recreational vehicles and is referred to as the RV capital of the world. The median home sale price in 2022 was $236,000.

What else sets Elkhart apart? It's location near the Indiana-Michigran border make it easy for you to visit larger cities like Indianapolis and Detroit. Those destinations are just a few hours away, so they make great day trips.

Mill-Bonnyville Mill built in 1832-Elkhart County, Indiana William Reagan/ Getty Images

Originally published on The Getaway: The Cheapest Places to Live in America
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