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June 2012
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Website: City among 'most affordable'

BY KATIE PAXTON kpaxton@paducahsun.com

For those looking for the best bang for the buck, you are in luck: Paducah is one of the 100 most affordable cities in the U.S.

Paducah was ranked 61st on the list compiled by the financial website NerdWallet.

The list is based on a cost of living index developed by the Council for Community and Economic Research. The index measures regional differences in the cost of housing, utilities, grocery items, transportation, health care, and miscellaneous goods and services. The prices of these costs were collected three times in 2013 by local chambers of commerce and economic development organizations.

Other Kentucky cities on the list include Covington, ranked 8th; Lexington, 53rd; Ashland, 59th; and Louisville, 89th.

Cities in the Midwest and South make up the majority on the list. The most expensive cities are located in the Northeast and California.

Texas dominates the list with 19 cities and the No. 1 most affordable city, Harlingen.

"I'm happy to be in the top 100," said Paducah Mayor Gayle Kaler. "It's always good to be. It's especially good to hear when we have a lot of people that email us about different rates around here being high, when in fact we are doing well in comparison to other cities in the region. We can be proud."

Contact Katie Paxton, a Paducah Sun staff writer, at 270-575-8655.

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