As home and rental prices go up year after year in the U.S., seeking out a city with affordable living can be a difficult task. Nationwide housing crises have put Americans in a tough situation with housing becoming too expensive in many parts of the country. Luckily, some cities are keeping it cheap. You can cut down on your expenses and actually start saving money if you move to any one of these 6 incredible and livable places.

1. Memphis, Tennessee

Home of Elvis' famous Graceland mansion and numerous musical landmarks, Memphis is one of the best places to live in Tennessee. On average, homes are selling for $180,375 and rental properties run about $726 per month. Memphis is 14 percent below the nation's average living cost. The local oil economy keeps gas prices low ($1.98 per gallon average) so you can also cut down on vehicle and transportation expenses.

2. Columbus, Ohio

Columbus is a growing metropolis right in the heart of Ohio. With the largest university in the nation, Ohio State, and an expansive retail and business industry, it's economy is strengthening every year. The average house price is $128,000 and rental spaces are $832 per month. Although gas prices are typically high for a city, they aren't as outrageous as Los Angeles or NYC.

3. Fayetteville, Arkansas

Named by Forbes Magazine as one of the nation's best cities for businesses and careers, Fayetteville is a little known affordable city. The average home price may be higher than some cheap cities ($228,200), but the rental prices are considerably low at $543 per month on average. Like Memphis, the cost of living here is much lower than most of the nation with 15% below the country's average living expenses.

4. Salt Lake City, Utah

Salt Lake City may be among desert and mountain terrains, but it's still a lively place and affordable for a growing metropolis. Several of the nation's top technology businesses have relocated here and many jobs have been opening up for tech management. Although housing costs may seem high ($251,000 average), they have very low property tax rates (.67%). The average rental property is not dirt cheap but still below what you could expect in a large city (average $1,000).

5. Pueblo, Colorado

Pueblo is not only a beautiful city with large city parks and lakes, but it's also very affordable. Living costs are 13.8% below the national average. The average house cost is $196,330 and rent average is a mere $792 per month. You can count on saving money on foods and goods, too, with a low sales tax (4.63 percent).

6. Omaha, Nebraska

On the cusp of an economic revival, Omaha is currently experiencing an explosion of new affordable housing on the riverfront. The city itself is gorgeous and business-minded. The average listed home price is only $166,000 and rental properties are averaging at $860 per month. Although you can expect to spend some money on weather-related insurance--located right in Tornado Valley--the city's insurance rates are low compared to other large cities.