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Top 5 Listing of Most Affordable Cities in NC Places Cary at Number Two

Most-Affordable-Cities-in-NC

With many of the real estate/living blogs releasing their year-end polls for 2018, it comes as no surprise that the highly decorated town that you now call home at Preston Retreat, Cary, is among many of these listings. This includes the recent study on livability.com, placing Cary as the number two town state wide among the Most Affordable Cities in NC

With just one town/city ahead of Cary on the Most Affordable Cities in NC list, and only 5 featured in the article at livability.com, the reasoning for Cary’s lofty positioning is explained. “Low unemployment rates are almost as important to a city’s affordability as cheap housing costs. (You need an income to pay for that mortgage!) Cary’s unemployment rate is at 5.6%, the lowest of all the cities on the list.” They go on to say, “…Those who are employed enjoy a significantly high income, with the median household income at $90,250. The city also provides plenty of ways to cut costs, such as multiple public transit options, and numerous parks and nature preserves for free entertainment.”

The blog posting that details the new ranking was written by Livability expert, Stephanie Inman, who gets into the research and analyzation process, stating, “North Carolina is consistently among the top 10 most populated states in the U.S. With excellent job opportunities and a number of outdoor attractions, the state is a huge draw for families, young couples and singles. But higher population usually means higher living costs.”

Inman continues to say, “We considered a number of factors in composing this list, such as earning potential, quality of life, the city’s cost of living compared to the national average, attractions and much more.” She concludes, “…We don’t just mean the cheapest places to live in North Carolina: These are places you will actually want to move to…”

According to their official website, “Livability explores what makes small-to-medium sized cities great places to live.” Going into further detail, they state, “Through proprietary research studies, engaging articles and original photography and video, we examine topics related to community amenities, education, sustainability, transportation, housing and the economy. We then leverage that expertise to develop city rankings for a range of topics.”

For further specifics on Cary’s ranking among the top 5 Most Affordable Cities in NC and to view the entire listing, visit livability.com.