KING

Bellevue, Wash.

BELLEVUE, Wash. - A list on CNNMoney.com ranks the city of Bellevue as the best American city for starting a new business.

Titled the "100 Best Places to Live and Launch," the list was compiled by Fortune Small Business. It ranks cities based on quality of living and business advantages.

The city of Portland, Ore. – described on the Web site as "young, educated and creative" - is ranked sixth on the list, and Boise comes in at No. 19.

At number 27 is Bellingham, Washington and at No. 40 is Olympia.

The Web site describes Bellevue as "in transition," and points to a talented workforce and growing downtown as pros. Pricey housing and high cost of living are listed as downsides.

According to the Web site: "Huge corporations exist symbiotically with startups, a booming downtown abuts healthy residential neighborhoods, and the rising skyline is tempered by an abundance of parks, as well as lakeside and mountain views."