NEW: Providence Named Best Place to Live for Eating Out
Wednesday, August 01, 2012
The capital city can brag that it has 24.3 restaurants per 10,000 households, according to the analysis just posted by Jed Kolko, Chief Economist at the real estate site. And on the list of Trulia's Top 10, Providence provides the best bang for the buck, posting a median price per square foot of homes listed for sale at $146--the lowest among the top 10.
Quantity, quantity, quantity
Kolko took an analytical look at the 100 largest metropolitan areas in the US with the highest density of restaurants and bars (adjusting for number of households). "We didn't try to measure quality since that's a matter of personal taste," wrote Kolko on Forbes, "and the best-restaurant or favorite-bar debate can get fierce."
And we're affordable
Kolko called out 3 cities in the Top 10 for being more affordable--Providence, Seattle, and Portland, OR. "Each has a thriving and innovative local food scene," Kolko said. "Lots of young chefs choose these smaller cities because it’s cheaper to start up restaurants there than in more expensive markets like San Francisco and New York. And it doesn’t hurt that Providence is the home of Johnson & Wales University, a well-known cooking school."
The Top 10 Best Metros for Drinking was a completely different grouping, and no New England cities made the cut. New Orleans took top honors, with 8.6 bars per 10,000 households, followed by Milwaukee, WI, at #2, and Omaha, NE at #3. San Francisco was the only city on both lists, ranking #8.
For the entire article and more on the rankings, go here.
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