Little Rock, Arkansas.Sean Pavone/ShutterstockRealtor.com identified the top 10 places in the US with the lowest cost of living.The ranking considered how much residents pay for homes as well as expenses like food and gas.Small cities in the South and Midwest dominate the list, with a Texas city taking the top spot.While inflation in the United States is gradually easing, many people have yet to tangibly feel much relief.Since inflation reached a 40-year high in 2022, prices for everyday expenses in the US — including gas, food, entertainment, and housing — have increased significantly.