Here Are the 10 Most Affordable Cities to Live in the Western U.S.

Housing affordability hit a 40-year low last year, making it difficult for millions of Americans to find homes within their budget. Unfortunately, traditionally expensive locations, like homes in the West, have become even pricier over the past few years.

But that doesn't mean they're all unaffordable. If you're like nearly one-fifth of Americans who plan to move in the next year, here are 10 affordable cities in the West you may want to consider.

10 affordable cities in the West

While the cities listed here are technically affordable, not all are cheap places to live. For example, most people would not suggest moving to Denver, Colorado, if you're looking for an inexpensive home.

However, the cities listed below are affordable based on the median salary in those locations and their cost of living. Here are 10 you may want to consider:

Your cost of living is probably higher than it used to be

While inflation has cooled down recently, the damage to many Americans' wallets has already been done. A recent survey of American workers found 60% of them say their wages haven't kept up with rising costs.

Whether you plan to move to an affordable city out West or choose to stay where you are right now, there are a couple of ways you can lower your cost of living.

1. Negotiate your credit card interest rate

The average credit card has a 21.5% APR, making it a costly way to pay for everyday expenses. If you've got credit card debt, you may want to consider asking your card issuer to lower your interest rate.

While it may seem odd to ask, many card issues will lower your rate, sometimes temporarily, and it could save you a lot of money. If you lower your rate from 21.5% to 19.5%, have a $3,000 balance, and pay $100 per month, you'll save nearly $200 in interest payments and pay off your balance one month sooner.

If your credit card company doesn't lower your rate, you may want to try a balance transfer card to make it easier to pay down your balance.

2. Shop for cheaper insurance

This idea often flies under the radar because who wants to think about their car and homeowners/renters insurance? However, overlooking your insurance premiums could cost you serious cash.

Homeowners insurance premiums have jumped 20% over the past two years, and car insurance prices have risen 19.5% over the past year. To save money on both, get a few quotes from insurance providers and compare them.

Bundling your home and auto insurance is also a wise move, saving you up to 25% with some insurance companies.

Making a few simple changes to lower your monthly expenses could help make life a little more affordable. If that doesn't work, you can always point your wagons west.