Omaha Public Radio News
Fri July 29, 2011
Omaha is the Best Value City for 2011
By Cheril Lee
Omaha, NE – Omaha has been named the Best Value City 2011 by Kiplinger's Personal Finance Magazine.
Senior Editor Bob Frick says Omaha was chosen after conducting months of research and visiting the city. He says criteria included the cost of living, vibrancy of the local economy and arts and culture in the city.
Frick says the cost of housing in Omaha continues to be one of the lowest in the country. Additionally, he says the way the city has weathered several recent economic downturns has been incredible, "The economy is gangbusters. It's got the lowest unemployment rate of the top 100 metro areas, I think. And I spent a lot of time looking into why that was and was impressed with what the city had done cooperatively to make job growth there continuous and a reality, even in these tough times."
Charlotte, North Carolina and Nashville, Tennessee were the second and third cities on the list. To view Frick's entire report including a virtual walking tour of the city, the website is Kiplinger.com.