The City of Monterey Park is excited and proud to be named as one of the “Best Places to Live” by Money Magazine.

“Ecstatic, completely ecstatic! We are so grateful to Money Magazine for recognizing us and for sharing with everybody what we as residents know firsthand,” said Mayor Teresa Real Sebastian at a news conference.

In the Money Magazine ranking, Monterey Park placed #3 in the entire United States, following #1 Fishers, Indiana, and #2 Allen, Texas. To compile its “Best Places to Live” ranking, Money Magazine used a matrix based on the cities’ economy, cost of living, education, housing, crime, amenities and ease of living.

Council Member Peter Chan said, “We have commercial areas that are prospering, with a lot of people coming to shop, eat and dine…but we also maintain the small town atmosphere for people to live and enjoy their life.”

When asked by reporters, residents mentioned the plentiful restaurant choices, historic monuments like the Cascades Waterfall, recreation activities, cultural diversity, independent fire and police services, prospering economy, schools, their neighbors and the quality of life that Monterey Park provides.

For more information and links to media clips, please visit the city website at www.MontereyPark.ca.gov or click http://www.montereypark.ca.gov/1195/Best-Places-to-Live.