Great Falls ranked among top 25 cheapest places to live in the US.

(Great Falls – KRTV) Kiplinger Personal Finance ranks Great Falls in the top 25 among cheapest places to live in the United States, among cities with 50,000 or more people.

The Electric City landed at number 16 on the publication’s list of cheapest places in America to live.

From an economic perspective, the article points to Great Falls’ cost of living being 14.3 percent below the national average. It also highlights the area’s unemployment rate of less than three percent, average house price of under $250,000 and median household income of almost $59,000.