The Cheapest Metro Areas to Make Your Home!

From the Real Estate Home Page


Where would you go if you wanted to make your home in one of the cheapest urban areas in the U.S?

Well...Forbes magazine ranked all 380 metropolitan areas. They based their conclusions on cost-of-living data from Moody’s Economy.com and on home affordability from the National Association of Home Builders and from Wells Fargo.

The magazine also factored in four quality-of-life considerations. These included the rate of violent crime, unemployment, average salary for college grads, and cultural opportunities.

Here they are...the cheapest places by region:

Pacific: 1. Spokane, Wash. 2. Modesto, Calif. 3. (None)

Mountain: 1. Ogden-Clearfield, Utah 2. Fort Collins-Loveland, Colo. 3. Greeley, Colo.

West North Central: 1. Minneapolis-St. Paul-Bloomington, Minn.-Wis. 2. Omaha-Council Bluffs, Neb.-Iowa 3. St. Louis, Mo.-Ill.

West South Central: 1. Fort Worth-Arlington, Texas 2. Oklahoma City, Okla. 3. Tulsa, Okla.

East North Central 1. Ann Arbor, Mich. 2. Warren-Troy-Farmington Hills, Mich. 3. Cleveland-Elyria-Mentor, Ohio

East South Central: 1. Knoxville, Tenn. 2. Chattanooga, Tenn.-Ga. 3. Louisville-Jefferson, Ky.-Ind.

Middle Atlantic: 1. Albany-Schenectady-Troy, N.Y. 2. Pittsburgh, Pa. 3. Harrisburg-Carlisle, Pa.

South Atlantic: 1. Durham-Chapel Hill, N.C. 2. Charlotte-Gastonia-Concord, N.C.-S.C. 3. Atlanta-Sandy Springs-Marietta, Ga.

New England: 1. Manchester-Nashua, N.H. 2. Worcester, Mass. 3. Springfield, Mass.

Source: Forbes (07/14/2009)

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To see homes in the Cary-Apex-Holly Springs, NC area, take a look at http://www.TriangleEstatesRealty.com/. Or email me at Tim@TimHaag.com. Or for a no pressure toll-free chat, call me at 877-TIM-HAAG (846-4224).