Saturday, May 18, 2013

Latest local news, weather, high school sports in the Rio Grande Valley

Valley Biz Blog - Three Valley Cities Rank Among USA's Cheapest
Posted: 06.27.2011 at 3:27 PM
Sergio Chapa

Sergio is KGBT's Interactive Manager and a reporter for VALLEYCENTRAL.COM.

0
Downtown Harlingen File Photo
Slideshow
Photo:

Three Rio Grande Valley cities are now ranked among the Top 10 Cheapest Places to live in the United States.

According to a Bloomberg Businessweek survey, Harlingen ranked as the cheapest place to live in America.

McAllen ranked Number 4 and Brownsville ranked Number 7.

The survey showed that Harlingen had some of the lowest real estate prices in the United States.

Homeowners pay average of $847 dollars per month for their mortgage while renters pay an average of $659 dollars per month for a two-bedroom apartment.

Harlingen Mayor Chris Boswell spoke with Bloomberg Businessweek about the survey.

"We have relatively low income in the (Rio Grande) Valley, including in Harlingen,” Boswell told Bloomberg Businessweek. “We have fewer college educated folks" and hardly any high end retailers.

Boswell told the on-line publication that prices in Harlingen may increase as the city develops from an agricultural area into an economy based on light manufacturing and health care.

The results of the survey were published in an MSNBC.com article published on Monday morning.

Ten Cheapest Cities in the USA:

1. Harlingen, Texas
2. Pueblo, Colorado
3. Pryor Creek, Oklahoma
4. McAllen, Texas
5. Cookeville, Tennessee
6. Hunt County, Texas
7. Brownsville, Texas
8. Fort Smith, Arkansas
9. Muskogee, Oklahoma
10. Springfield, Illinois

Ten Most Expensive Cities in the world: 

1. Tokyo, Japan
2. Oslo, Norway
3. Nagoya, Japan
4. Stavanger, Norway
5. Yokahama, Japan
6. Zurich, Germany
7. Luanda, Angola
8. Geneva, Switzerland
9. Kobe, Japan
10. Bern, Switzerland

According to the survey, Manhattan ranked the most expensive city in the United States.

Click here read the full story from MSNBC.com 
Popular Stories
Thumbnail
Man attacks woman with a cable box
Action 4 News Staff  |  Today at 9:21 AM  |  14 comments
Thumbnail
Continuous sexual assault of girl lands man in jail
Action 4 News Staff  |  Yesterday at 2:42 PM  |  28 comments
Thumbnail
Over $5.1 million dollars of dope found in Garceno home
Katie Lopez  |  Today at 10:45 AM  |  2 comments
Follow Valley Central
Get news and weather notifications on your phone by downloading the iPhone or Android app below
Sign up to get alerts and updates for breaking news, severe weather, and deals:
submit
ADVERTISEMENT
Special Features
KGBT on Twitter
Follow Action 4 News on Twitter
Win Schlitterbahn Tickets
Win a family four-pack of tickets to Schlitterbahn on South Padre Island!
RGV Diabetes Page
News, information and resources about the diabetes epidemic in the Rio Grande Valley.
High School Football
High school football season is here.
ADVERTISEMENT