Springs No. 4 most affordable, Kiplinger says

Colorado Springs ranks number four on the most affordable cities, according to financial news magazine Kiplinger.

The city is the only one in Colorado to make the list, “10 best value cities for 2011.”

Kiplinger cited the Springs’ cost of living, median household income and the local unemployment rate. The list is supposed to showcase cities with “vibrant economies,” according to Kiplinger’s website.

The financial magazine gives Colorado Springs kudos for wooing companies with tax incentives, its highly educated workforce, low housing and utilities costs, and of course – the setting at the foot of Pikes Peak.

The top city on the list was Omaha, Neb.