Cincinnati Convention and Visitors Bureau
Population (metro): 2,140,796
Unemployment rate: 8.5%
Cost-of-living index: 93.3
Median household income: $53,329
Cincinnati's diverse economy, with ten Fortune 500 companies, including Kroger, Macy's and Procter & Gamble, is making a strong comeback from the recession. The unemployment rate has fallen to 8.5% from 9.4% a year ago. Plus, the city is benefiting from a $2.6 billion redevelopment of the downtown that began several years ago with the construction of the Great American Ball Park (home to the Reds) and Paul Brown Stadium (home to the Bengals).
The cost-of-living is about 7% below the national average. Cincinnati has several distinct neighborhoods; even in the most desirable ones, you can find a four-bedroom home for about $300,000.
Learn more about Cincinnati:
Best Value Cities 2011:
Read about Cincinnati's affordability & culture
VIDEO:
Take a walking tour of Cincinnati