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Follow on Google News | AdvisorSmith Finds the Most Affordable Metro Areas in the WestMany of the most affordable metros were located in New Mexico.
By: AdvisorSmith The study examined 111 metropolitan areas in California, Oregon, Washington, Idaho, Nevada, Utah, Arizona, Montana, Wyoming, Colorado, New Mexico, Alaska, and Hawaii. AdvisorSmith used its Cost of Living Index to determine each area's cost of living by measuring the cost of food, housing, utilities, transportation, healthcare, and consumer spending in each metro area. The metro areas were also compared and segmented by population size to find the top small, midsize, and large areas. Metro areas with population sizes of less than 150,000 residents were compared and labeled small. Midsize areas with 150,000 to 500,000 residents, and large areas with over 500,000 residents were also compared. The study determined that the most affordable small, midsize, and large metros were Alamogordo, NM, Las Cruces, NM, and Albuquerque, NM. To view the rest of the cities see the original study at https://advisorsmith.com/ About AdvisorSmith AdvisorSmith is a leading information resource for small business owners. AdvisorSmith empowers small businesses with original research and insights into trends to help them succeed. For more information, visit https://advisorsmith.com or follow us on Twitter @AdvisorSmithInc. End
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