Once holding the top spot, Austin has dropped to the 40th best metro area to live in, according to the latest rankings by U.S. News & World Report.
Once holding the top spot, Austin has dropped to the 40th best metro area to live in, according to the latest rankings by U.S. News & World Report., which has come out every year since 2016, ranks the country's most populous metro areas.Devon Thorsby, a real estate editor with U.S. News & World Report, said she considers Austin’s 40th overall ranking to still be “really great.”The report ranks cities onIn 2017, Austin earned an overall score of 7.8 out of 10.
To measure housing affordability, the report compares housing prices to median family incomes. In 2017, the report found Austin offered a better value than similarly sized metro areas. But in this year’s rankings , that was no longer the case.And for the price parity index — measuring the costs of typical goods and services like groceries or hiring a handyman — Austin ranked 113 out of 150.
“We do our best to make the rankings show what people are prioritizing most across the U.S., but the rankings aren’t the end all be all," she said."Somebody might find from their own priorities or what they’re looking at that a place that technically ranks No. 98 could be the best place for them.”to support it. Your gift pays for everything you find on KUT.org. Thanks for donating today.
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