Where is Las Vegas on this affordable markets list?

A few weeks ago MSN gave Sperling's Best Places a call and asked them to put together a ranking of most affordable places to live right now. The survey is officially called the 2008 MSN Real Estate Most-livable Bargain Markets list. Okay, kind of long but we'll take a look at it anyway. The criteria was as follows; concentrate on the 100 largest metro areas, find the most affordable ones by using the median income to median home price ratio, then take into account unemployment rate, commute times and the availability of decent entertainment and recreation.

Here are the top nine cities, each with a population over 500,000; Wichita, Kan., Omaha, Neb., Harrisburg-Carlisle, Pa., Madison, Wis., San Antonio, Indianapolis, Pittsburgh, Dallas-Fort Worth and Tulsa, Okla. It's a fine collection of urban areas that are offering residents reasonable housing and good job opportunities, two very important elements in today's trying economic environment.

To read the entire article, please click on the link in the first paragraph.