Forbes Magazine Ranks Minneapolis #1 ‘Most Affordable Place To Live Well’

Forbes Magazine has just ranked Minneapolis  the number one “Most Affordable Place To Live Well” out of the 50 largest metropolitan areas in the country. The ranking was based on housing affordability; cost of living ; access to arts and leisure; and a quality of life index that measures the strength of schools, quality of health care, and crime and poverty rates.
What pushed Minneapolis to the top of the list?
In the last quarter, 61 percent of the areas homes that were sold were affordable to the median household earner, according to the National Association of Homebuilders/Wells Fargo Housing Opportunity Index.
Compare that to one of the least affordable cities San Francisco where only 5.7 percent of the area’s homes are affordable to the median income earner.

 

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