Forbes ranks Cincinnati #5 for affordable cities - Cincinnati News, FOX19-WXIX TV

Forbes ranks Cincinnati #5 for affordable cities

CINCINNATI, OH (FOX19) - Forbes Magazine has ranked Cincinnati as the fifth-most affordable city in America.

To compile the list, Forbes started with the 50 largest Metropolitan Statistical Areas, and looked at data aimed at handicapping the overall affordability of living in each. They also looked at the current median asking price of homes on the market in each city, salaries of workers with bachelor's degrees or higher and compared it to a cost of living index from Moody's Economy, and factored in the latest unemployment rates to reflect the strength of local economies.

Cincinnati ranked 4th in asking price, 25th in salary, 6th in cost of living and 32nd in unemployment.

Omaha, Neb. topped the list as the most affordable city, followed by Buffalo, Detroit and Indianapolis.

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