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Cincinnati is largest city on new ranking of America's most affordable cities

Cincinnati is largest city on new ranking of America's most affordable cities
Posted at 7:14 AM, Feb 20, 2018
and last updated 2018-02-20 07:14:51-05

CINCINNATI -- The Queen City is keeping up its stellar track record of landing high on national rankings for amazing places to live with a 10th place finish on Liveability.com's new list of most affordable cities.

Cincinnati is the largest city by far to land among the top 10 on the list, which compared more than 2,000 cities' average household spending and median incomes.

RELATED: Ohio's three largest cities all land on Glassdoor's ranking of best cities for jobs
MORE: Cincinnati ranks as America's 13th most fun city

While it says Cincinnati residents spend the most on necessities out of all cities in the top 10, the survey found we still spend 25 percent less than the average American. They called this "downright unheard of" for a major city. It's still within reach to buy a home here, as the Cincinnati median home price is more than $70,000 below the American median. Similarly, median rent is only $649.

Why else is Livability.com singing our praises? It lists low unemployment, a booming business climate with eight Fortune 500 companies and a well-educated population drawn by more than 30 local colleges and universities.

Theoretically, the Bengals and Reds draw sports fans (insert thinking face emoji here), and Livability touts Cincinnati's thriving arts scene (this one we can agree with). The area's breweries, wineries and unique chili also get shout-outs.

Livability.com awarded the honor of "Best Affordable Place to Live" to Lansing, Michigan. Read the full ranking at the website here.