Nate Strauch writing for the Herald Democrat reports that Sherman Denison ranks cheapest in the US.
"Consumer prices in the Sherman-Denison area moved lower in 2013 compared to the national average, catapulting the area into the 10 least expensive places to live in the country."
Strauch reviewed pricing data from part of the year end review conducted by the Council for Community and Economic Research. The Council analyses data quarterly on the cost of living for 308 areas in the U.S. conisdered "Urban" living. Sherman and Denison had the rank of 7th Cheapest place to live in the U.S. in 2013 while it placed 14 overall back in in 2012.
Cost of living in Sherman-Denison dropped to 13.6 % below the U.S. national average in 2013, which amounted to a reduction from 11.2 percent in the previous year, 2012. Economic Development Corp. President Scott Connell from Denison said the lower numbers fit well with an industry wide focus on higher quality workforce. Translation - higher productivity is bringing the costs of goods down in the area.
“One of the things we’re seeing right now — and probably will see for several years — is the focus on employees; both the ability to find the specific talents that they’re looking at, and the ability to attract those people to their facilities,” said Connell. “So a really effective cost of living in our market is going to help us build and grow our workforce. It makes it a lot easier to get people to our market.”
Tony Kaai, president of the Denison Development Alliance agreed, adding that lower consumer prices are not usually the first thing a relocating company looks for, but they do make up a very important part of the process for luring new job creating businesses to Denison.
“We definitely use this data because it's such a positive thing,” said Kaai. “If you and some other community or even two communities are tied with business (in terms of costs), then the secondary level - quality of life, can be the deal-maker. So we’re fortunate to have that here. It is value-added.”
At 120.4 % above the mean, Manhattan has the dubious honour of being America’s most expensive city to live in. As mentioned in our previous post Harlingen defends its title as the Cheapest city to live in the U.S. Harlington is 18.4 percent under the average. Each communities score is listed as a percentage of the the national average.
Other areas on the top ten least expensive (cheapest) list, can be found on our post from a few days ago - Here
The places in the U.S. you may want to avoid if you're looking to save money begin with #2, New York (Brooklyn), Honolulu, San Francisco, New York (Queens), San Jose, Calif., Hilo, Hawaii, Stamford, Conn., Orange County, Calif., and Washington, D.C., 140.1.
See more at: http://heralddemocrat.com
Showing posts with label Top 10 Cheapest Places to Live. Show all posts
Showing posts with label Top 10 Cheapest Places to Live. Show all posts
Friday, February 7, 2014
Thursday, February 3, 2011
Cheapest Place to Live in the World
Yesterday we discussed the Cheapest Countries in the World and talked about how important it is to look at a lot more than just the cost of living when it comes to finding a nice place to live.
It's no surprise that some of the most dangerous and poorest countries hit the top of the 'cheapest list' but what is interesting and important to note is that if you scroll down the list just a little you ca find some real gems. Places where the cost of living is very low but also where culture, safety and standards of living are high.
From our cheapest countries list the first one to pop off the page is Paraguay. Paraguay makes the Top 10 Cheapest Places to Live list but it also makes some other lists too. This past year Bolivia, Panama, and Paraguay posted the largest economic improvement according to the 2010-2011 Global Competitiveness Index from the World Economic Forum. Reforms have helped these and other Latin and South American countries weather the global crisis while stimulating their growing economies.
Other countries that make the list of cheapest but have also become favorite hot spots for retiring baby boomers include Uruguay, Ecuador, Nicaragua and Panama. In these countries you can live on a little and you can live very well! Take in leisure pursuits on breathtaking golf courses which have so few players you don't even need to reserve a T-time. Savour gourmet meals in a world class restaurants. After all it will cost you about the same amount you would pay for bottled water and a small appetizer in a in an LA, New York, or London restaurant. In these countries fresh is fresh! Fruits and vegetables you pay way too much for in specialty organic stores in America sell at local markets in these countries for just pennies.
As for the Cheapest Place to Live while maintaining a high Quality of Life - Ecuador wins the spot. It may not be the absolute cheapest place but it certainly closes in the upper ranks. Add in high placements on the Best Places to Retire hit list each year for the past five years running and you've got a winner!
It's no surprise that some of the most dangerous and poorest countries hit the top of the 'cheapest list' but what is interesting and important to note is that if you scroll down the list just a little you ca find some real gems. Places where the cost of living is very low but also where culture, safety and standards of living are high.
From our cheapest countries list the first one to pop off the page is Paraguay. Paraguay makes the Top 10 Cheapest Places to Live list but it also makes some other lists too. This past year Bolivia, Panama, and Paraguay posted the largest economic improvement according to the 2010-2011 Global Competitiveness Index from the World Economic Forum. Reforms have helped these and other Latin and South American countries weather the global crisis while stimulating their growing economies.
Other countries that make the list of cheapest but have also become favorite hot spots for retiring baby boomers include Uruguay, Ecuador, Nicaragua and Panama. In these countries you can live on a little and you can live very well! Take in leisure pursuits on breathtaking golf courses which have so few players you don't even need to reserve a T-time. Savour gourmet meals in a world class restaurants. After all it will cost you about the same amount you would pay for bottled water and a small appetizer in a in an LA, New York, or London restaurant. In these countries fresh is fresh! Fruits and vegetables you pay way too much for in specialty organic stores in America sell at local markets in these countries for just pennies.
As for the Cheapest Place to Live while maintaining a high Quality of Life - Ecuador wins the spot. It may not be the absolute cheapest place but it certainly closes in the upper ranks. Add in high placements on the Best Places to Retire hit list each year for the past five years running and you've got a winner!
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