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College Station ranked third in underpriced college towns

By Vicky Flores

city desk assistant

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Published: Friday, September 11, 2009

Updated: Monday, March 1, 2010

U.S. News ranked College Station third in underpriced college towns in the nation.

According to U.S. News the median home price is $107,000, which HIS Global Insight, the world's largest economics organization, considers to be 21 percent undervalued.

The criterion used to compile the ranking was population density, household income and data to compare households' current value with where it should be, according to U.S. News and World Report.

Lani Weingarten, a sophomore marketing major, said she noticed a severe change from living in Chappaqua, N.Y., to moving to College Station.

"Living my whole life in [New York] I was always very conscience of my spending, even something as simple as eating out would be costly," Weingarten said. "Now living here I find myself spending much less."

Weingarten said she has noticed drastic price differences in recreational activities and living expenses such as groceries and rent, and is not surprised that this city was ranked so high in being underpriced.

U.S. News prints a similar ranking each year; the No. 1 and No. 2 underpriced college towns ranked were Houston and Atlanta, respectively.

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