There are some U.S. cities where you can live well without making a six figure salary, and you can even get by with the occasional splurge and save money. According to a recent study by GOBankingRates, the most affordable city is El Paso, Texas followed by Springfield, Missouri. Albuquerque, New Mexico came in fourth place and Detroit, Michigan was in fifth. Livability was determined by the 50/30/20 plan – a budget that allots 50% of your take-home pay toward necessities, 30% for discretionary spending, and 20% for saving.