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While getting a giant paycheck is definitely nice, if you ask one of your friends living in Manhattan or San Francisco, there’s a good chance they’re still living paycheck to paycheck. If your salary increases at the same rate as your cost of living, unfortunately, things still won’t be going that well for you. However, if you live in a place where you can get a big paycheck with a minimal cost of living, you’ll be living the new American dream – being able to contribute the minimum to your 401(k) for employer match while still being able to pick up the brunch check without overdrawing your checking account.
If you’re looking for one of these cities, we’ve got you covered. Job search website Glassdoor just released the best cities in the U.S. where you’ll get the most bang for your buck when it comes to your paycheck. They rated major U.S. cities by dividing the median salary by the median home value. The 24 cities below have ratios starting at 30% and rising to 50% for the top rated city, meaning you’ll make up to half of your home value in salary.
24. Raleigh-Durham, NC
23. Minneapolis-St. Paul, MN
22. Jacksonville, FL
21. Richmond, VA
20. Hartford, CT
19. Tampa, FL
18. Chicago, IL
17. Dallas-Fort Worth, TX
16. Charlotte, NC
15. San Antonio, TX
14. Atlanta, GA
13. Columbus, OH
12. Oklahoma City, OK
11. Buffalo, NY
10. Louisville, KY
9. Kansas City, MO
8. Birmingham, AL
7. Cincinnati, OH
6. St. Louis, MO
5. Indianapolis, IN
4. Cleveland, OH
3. Pittsburgh, PA
2. Memphis, TN
1. Detroit, MI
While these may not be some of the trendiest cities, they’re all at least mid-sized cities with plenty of job opportunities and at least a handful of restaurants that aren’t Olive Garden. If giving up being within walking distance of three different cronut places means my salary jumps by a relative five figures, that’s a trade-off I’m more than willing to make. Check your employer’s transfer listings, because even if you don’t get a raise, your bank account will think you did based on your new rent. .
[via Glassdoor]
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Steph W.
Steph W. is a new Master's degree graduate with an intern's salary and six-figure taste. She realizes her expectations far exceed reality, so she spends her days pinning away Loubs she pretends are in her physical closet instead of her virtual one. Her hobbies include attempting to trapping her boyfriend into marriage before he finds out how insane she is and pretending that Black Box wine tastes as good as the kind she could afford when she was gainfully employed. Send her tips for getting out of student debt at recruitchairtsm@gmail.com
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Oh look, it’s this article again.
Commented here for the visibility. Sue me.
This list is moronic. If you live in Memphis or Detroit you’re still stuck in a miserable wasteland where housing isn’t cheap unless you want a broken shack with bullet holes.
When you tell strangers where you’re from, the words “Memphis” and “Detroit” will make you look about as cool as the one guy with the android phone in a group text.
Note: I left Memphis for a reason.
Don’t hijack another commenter’s post.
dgaf
Ok- but if you live in Detroit, you live in Detroit
I have come to the conclusion you are just trolling us at this point with your city posts. Touché.
via GIPHY
embracing the haters, gotta respect the commitment to the lists
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Sup?
As someone who moved from Chicago to Raleigh, whoever ever made this list is out of their mind.
I’M NOT MOVING TO FUCKING DETROIT.
Spent a few months in Richmond recently, can attest to it being a great up and coming city while retaining solid affordability.
I’m a Richmond native, the city has vastly improved by leaps and bounds in the past 10-15 years. Richmond’s restaurant and brunch game is very strong. Downtown is going through a cultural revival…also it’s less than two hours away from the beach, the mountains and Washington DC.
Sorry guys. You hate on Detroit but you don’t actually no shit about Detroit. I live between Ann Arbor and Detroit in a beautiful 3 bedroom house out in the country side that I rent. I have a 20 minute commute. My cost of living is about 30% of my paycheck. I’m very happy where I’m at and where I work and there are plenty of things to do in Detroit on weeknights and weekends. I’ve never been robbed, I feel completely safe. I just don’t get why you would hate on something you’ve never even tried. The media doesn’t portray Detroit in a positive light because it’s a story you want to hear but that simply doesn’t make it true. Take Rob Fox’s article on DU at Mizz for example. You accept something as truth as long as it reinforces your beliefs regardless of fact.
Or don’t live in a city with millions of people in and you won’t have to worry about it.