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Oklahoma City Tops List of Most Affordable

By
Real Estate Agent with Paradigm AdvantEdge

Oklahoma City skyline on Christmas EveForbes 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%.

The Top 10

  1. Oklahoma City OK
  2. Pittsburgh PA
  3. Buffalo NY
  4. Rochester NY
  5. Nashville TN
  6. San Antonio TX
  7. Houston TX
  8. Louisville KY
  9. Birmingham AL
  10. Austin TX

Oklahoma City – Run The Numbers

 

Originally posted on okchomesellers.com

Photo Credit: flickr/Paul L McCord Jr

Comments(2)

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Tracy Lee Parker
RE/MAX DFW Associates - Royse City, TX
Buy*Sell*Rent
Hi Bill, I saw this report. Love that 3 Texas cities made the list, but my heart is in Oklahoma!
Nov 02, 2010 02:10 PM
Bill Wilson
Paradigm AdvantEdge - Edmond, OK

I understand! I was surprised Dallas wasn't also on the list given the other three.

Nov 03, 2010 12:46 AM