Louisville Among The Ceapest Areas To Live

The Cheapest Metro Areas to Live Forbes magazine looked at the 100 least expensive places to live. It ranked all 380 metropolitan areas based on cost-of-living data from Moody’s Economy.com and home affordability from the National Association of Home Builders and Wells Fargo. The magazine also factored in four quality-of-life considerations, including the rate of violent crime, unemployment, average salary for college grads, and cultural opportunities.

Here 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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