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Council Bluffs does well in cost of living survey

News

November 23rd, 2013 by Ric Hanson

The City of Council Bluffs was recently recognized as being one of the nation’s 50 most affordable suburbs, by a national real estate blog. The Daily NonPareil, citing a blog by Movoto Real Estate, of San Mateo, Calif., says Council Bluffs came in 31st place, and it was joined by other adjoining cities to Omaha. Each city was ranked by low cost of living, which factored costs for houses, food, utilities and property and state income taxes.

Mayor Tom Hanafan said the showing was indicative of a bolstering metro area. Council Bluffs – the only Iowa city listed – fell 10 spots behind Bellevue, Neb., which was tied at 21st with La Vergne, Tenn. Papillion, Neb., ranked 33rd.

Midwest City, Oklahoma, was ranked first because it had the lowest overall cost of living. Food and utilities costs also were lower than average. The median price for a house was $76,600 while the median household income was $44,396. Property taxes were 24 percent below the national average while sales and state income taxes were 56 and 17 percent above average.

The realtor blog surveyed 139 cities, which comprised suburbs and other communities near the 50 largest cities in the United States.

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The top 10 most affordable suburbs in the U.S., according to Movato Real Estate:

1. Midwest City, Okla.

2. Moore, Okla.

3. Cimarron Hills, Colo.

4. Pearland, Texas

5. Greenwood, Ind.

6. Clarksville, Ind.

7. Universal City, Texas

8. Schertz, Texas

9. Fishers, Ind.

10. Cibolo, Texas