Tuesday, May 09, 2006


You've probably heard by now that Pittsburgh was ranked among the top ten "smart" cities--meaning you can afford a pretty good life here without breaking the bank. I guess that's kind of like buying a loaded Buick instead of a Lexxus. Anyway, I was never one for fancy cars.

If you've ever thought life was too expensive where you live, you might have looked to other cities. Many people have considered quitting their jobs, retiring early, selling their condos and just high-tailing it out of San Francisco, LA or New York.

Pittsburgh, Nashville, Minneapolis and the other seven cities would seem to be smart choices; the folks who move here undoubtedly will find a good quality of life at an affordable price.

These affordable cities aren't the only place people are moving to, however. While on one hand condos are filling America's downtowns, the far exurbs are filling with new housing. Unlike the affordable cities, moving to the exurbs is not a smart choice.

Despite the lure of affordablility, most cities are losing people. In fact, the census says nearly every large metropolitan area had more people move out than move in from 2000 to 2004.

Likewise the New York Times recently anylized IRS data and found that with the single exception of Las Vegas, no city proper makes the list of substantial population gainers; "American taxpayers by and large are outward bound. But this isn't uniformly a migration to exurbs, or to traditional Sunbelt or Western destinations like Florida or Arizona.

The trails often lead north, to the lakes of Minnesota and Wisconsin; to the foothills of northern Georgia; to the forests of northern California; to the fields of northern Michigan. Cass County, Minn., 120 miles from Minneapolis, is on the list, as is Shasta County, Calif., 180 miles from San Francisco," the paper revealed.

The cost of gas not withstanding, none of these places folks are moving to made the list of "smart" choices. Live in an expensive city? Thinking about relocating? Pick up a copy of Kiplinger's Personal Finance and choose a smart city before you go.

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