Looking for a fresh start in a new Springfield neighborhood that is actually affordable? Fortunately, there are some neighborhoods that still offer affordable cost of living. Listed below are the most affordable neighborhoods in Springfield for 2026, ranked by their cost of living index. The cost of living index includes various items such as: goods and services, groceries, utilities, real estate and rental rates. For reference, the national average for cost of living is 100.

Population 4,637
-7%
Cost of Living Index 103 vs 110
7% lower than Springfield
Population 4,489
-6%
Cost of Living Index 103 vs 110
6% lower than Springfield
Population 6,901
-6%
Cost of Living Index 104 vs 110
6% lower than Springfield
Population 3,285
-4%
Cost of Living Index 105 vs 110
4% lower than Springfield
Population 11,649
-4%
Cost of Living Index 106 vs 110
4% lower than Springfield
Population 9,726
-2%
Cost of Living Index 108 vs 110
2% lower than Springfield
Population 7,859
-2%
Cost of Living Index 108 vs 110
2% lower than Springfield
Population 4,104
-2%
Cost of Living Index 108 vs 110
2% lower than Springfield
Population 4,763
-1%
Cost of Living Index 109 vs 110
1% lower than Springfield
Population 6,393
-1%
Cost of Living Index 109 vs 110
1% lower than Springfield
Is This the Right Place for You? Local Insights Report
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Local Insights Report