Forbes lists ‘bargain’ cities

Forbes published another interesting list today — the 15 most affordable cities in the land.

Forbes considered only the 50 largest metro areas so Knoxville wasn’t in the running. But a few metro areas in nearby states are among the list of “bargain cities.”

Cincinnati is ranked No.5 and Raleigh, N.C. is No. 11.

The list is dominated by midwest cities — Omaha, Neb. is No. 1. Not surprisingly, no California metros are on the bargain list. Having lived in Southern California for 10 years, I can attest to that. It’s a beautiful state, but affordable it is not.

Forbes’ analysis looked at median asking price for homes, median salaries for workers with college educations, unemployment rates and other factors.

Forbes’ rankings are often subject to debate, but always fascinating.

Complete bargain cities list