Rochester and Buffalo on the list of most affordable places to live

Rochester and Buffalo were found to be two of the most affordable places to live in the world, according to a study released by Chapman University in California and the Frontier Center for Public Policy in Canada.

Rochester came in at number 2, while Buffalo landed at number 6 on the list.

The Demographia study established its ranking by analyzing 94 cities in eight countries. The study looked at the income ratio that divides the median house price by the median household income.

The most affordable cities in the world:

• Pittsburgh, Pennsylvania
• Rochester, New York
• St. Louis, Missouri
• Cleveland, Ohio
• Edmonton, Alberta
• Buffalo, New York
• Detroit, Michigan
• Oklahoma City, OK
• Cincinnati, Ohio
• Louisville, Kentucky

Least affordable cities in the world:

• Hong Kong, China
• Sydney, New South Wales
• Vancouver, British Columbia
• San Jose, California
• Los Angeles, California
• Honolulu Hawaii
• Melbourne, Victoria
• San Francisco, California
• Adelaide, South Australia
• San Diego, California

To read the full study, click here.