Forbes has just released its’ list of the most affordable cities in the US and Oklahoma City tops it! Forbes searched for cities with a balance of cheap living and economic prosperity.Thanks to good jobs and low cost of living, the Oklahoma City metro area ranks as America’s most affordable. Forbes looked at cities with populations over 100,000. They ranked costs based on goods and services including groceries, transportation and health care. They also included cost of housing as a percentage of household income. In order to exclude cities that were affordable only because of a depressed economy they also looked at unemployment rate. Oklahoma City’s current unemployment rate is 6.3% while the national average is 9.5%.
Photo Credit: flickr/Paul L McCord Jr
The Top 10
- Oklahoma City OK
- Pittsburgh PA
- Buffalo NY
- Rochester NY
- Nashville TN
- San Antonio TX
- Houston TX
- Louisville KY
- Birmingham AL
- Austin TX
Oklahoma City – Run The Numbers
Photo Credit: flickr/Paul L McCord Jr
via Posterize
Originally posted at Oklahoma City Real Estate Blog
Submitted by OKCHomeSeller's Posterous via email from http://okchomeseller.posterous.com/oklahoma-city-tops-list-of-most-affordable
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