A historic steel capital that helped build modern America has been crowned the cheapest big city to live in the United States, according to a new affordability ranking.

Pittsburgh topped AmeriSave’s list of the cheapest places to live in 2026 thanks to its relatively low home prices, strong job market and cost of living that sits well below the national average.

Researchers found the median home price in Pittsburgh is around $250,000, which is more than $150,000 cheaper than the current national average.

The western Pennsylvania city, once synonymous with the American steel industry, was praised for transforming itself into a booming hub for healthcare, technology and artificial intelligence while remaining affordable for families and first-time buyers.

Major employers in the city now include Google, UPMC and Carnegie Mellon University, with the report noting the region’s AI and robotics industry is growing rapidly.

'In a housing landscape where affordability has eroded nationwide, Pittsburgh remains a rare bright spot where buying a home is still within reach for most households,' senior economic research analyst Hannah Jones told Realtor.com.

Jones noted that Pittsburgh remained the lowest-priced large housing market in the country, with home prices rising only modestly over the past five years while inventory stayed relatively plentiful.

'Buyers have a lot of choices in every price point, so they can always find something,' Pittsburgh real estate agent Jackie Bohdan told Realtor.com. 'The affordability of the city brings a lot of people here.'

Coming in second was Decatur, where the median home value sits at just $89,855, which is among the lowest in the country. 

The Illinois manufacturing and agriculture hub was praised for its affordability, with residents spending only about 14 percent of their income on homeownership costs.

Oklahoma's Enid claimed the third spot thanks to median rents of just $647 per month and home values averaging roughly $143,000.

Researchers said the city’s economy is anchored by agriculture, energy and government services, with Vance Air Force Base serving as a major employer.

At number four, Fort Wayne in Indiana stood out for having a cost of living roughly 39 percent below the national average while still offering strong employment opportunities in manufacturing, healthcare, insurance and defense industries.

Des Moines in Iowa ranked fifth after emerging as one of the Midwest’s strongest financial and insurance hubs. 

The city’s housing costs remain about 23 percent lower than the national average despite a thriving job market anchored by companies like Principal Financial Group and Wellmark Blue Cross Blue Shield.

The list also highlighted Oklahoma City, the state's capital, which researchers said combines the conveniences of a large metropolitan area with housing prices more commonly associated with smaller cities.

Median home prices there sit around $225,000, while overall housing costs remain roughly 21 percent below the national average.

In seventh place was Wichita, Kansas, nicknamed the ‘Air Capital of the World’ because of its major aerospace manufacturing industry. The city’s cost of living sits 11 percent below the national average, while median home prices hover around $190,000.

Wisconsin's Green Bay also made the top 10 thanks to its affordable housing market and stable economy tied to paper products, food processing and healthcare. Researchers noted the city’s cost of living is roughly 13 percent below the national average.

Ninth-ranked Omaha in Nebraska was recognized for combining low living costs with a strong corporate and business environment. 

The city serves as the headquarters of Berkshire Hathaway and has experienced steady growth in healthcare, insurance and logistics industries.

Rounding out the list was Cedar Rapids in Iowa, where the cost of living is estimated to be about 30 percent below the national average. 

Researchers pointed to the city’s affordable housing, strong schools and thriving arts district as major draws for families and younger buyers.

The report comes as rising mortgage rates and soaring home prices continue to push many Americans out of major coastal housing markets. 

According to the study, the national median home price reached $419,200 at the end of 2024 and is projected to rise to roughly $426,000 by mid-2026.

Researchers said Midwestern and Southern cities continue to dominate affordability rankings because they generally offer lower property taxes, more available land and living costs between 10 and 30 percent below the national average.