Forbes.com recently reported that Minneapolis-St.Paul is the least expensive place to live according to its geographic region. In order to reach this conclusion, Forbes.com compared elements such as cost-of-living with quality of life measures such as crime rate and divided the country into regions. The city ranked number 3 overall, and its high ranking was attributed to good salaries and the wealth of cultural opportunity that the city affords. Al Lee, director of quantitative analysis at PayScale.com, was quoted in the article as saying “The best place to be is on the fringe of one of those cities. An hour or so outside of town, you’re still close enough to feel the influence of the high wage areas.”
Here are three suburbs of Minneapolis to consider when relocating to the area, or if you’re on temporary assignment and staying in corporate housing there: (more…)
