Posted: Nov 9, 2010 4:43 PM by David Ortiviz
Updated: Nov 9, 2010 4:45 PM
A new survey by the Washington publisher Kiplinger lists Pueblo as having the second lowest cost of living in the nation.
Kiplinger lists Pueblo's average home price at $197,037, allthough the Pueblo Chamber of Commerce says it's closer to $130,000--which is among the most affordable in the state and the nation.
The Chamber adds, Pueblo's low cost of living index is a valuable marketing tool. "We use that all the time because we talk about how much more house you can buy here, if you're moving from another area where the cost of living is high, you can get a lot larger house when you come here. It helps us to recruit new companies to the area," said Rod Slyhoff, President of the Greater Pueblo Chamber of Commerce.
Cost of living is also calculated by housing prices, transportation, grocery prices and other items.
Fort Smith, Arkansas had the lowest cost of living in the country according to Kiplinger. Click here for the full report.