Publishers of Forbes Magazine have listed Dayton Ohio as the nation’s most affordable city to live in.
Forbes.com used four factors to determine the affordability of cities with a population over 600,000: unemployment rates; median salaries for those with a four-year college degree; cost of living; and housing affordability.
For example – the median cost of a home in Dayton is $92,000. That’s compared to the national average of $170,000 as determined by the National Association of Home Builders.
Another example: A million dollars in Manhattan’s upper east side gets you a 895-square foot one-bedroom apartment, while in Dayton a million bucks gets a 12,000 square-foot estate on five acres just outside the city limits, equipped with a personal gym and home theater. According to Forbes.com, “In Dayton, you can get more for less of your income.”