The price of gas, unemployment rate and the population also tell a story. That’s why this map is valuable, it covers all the angles not just a few.
Fort Lauderdale, FL (PRWEB) March 12, 2015
Debt.com's new interactive map, The Worst Major Cities To Live In When Saving Money, uses the major cost of living factors for the 100 biggest U.S. cities, ranging from the cost of buying a home or renting, to average gas prices and unemployment.
Debt.com found that Las Vegas is not the worst place to save money and in the bottom 10 is New York City and a handful of California cities. Portland, OR is the only bright spot for savings on the West Coast, and that Midwest cities have become a better place for savings in the past few years. It’s also easier to save money in northern Texas than southern Texas.
The cost of living data that Debt.com compiled includes:
- Sales tax
- Median home price
- Median rent
- Average gas price
- Median income
- Unemployment rate
“It is important to use a combination of as many factors as possible to get a complete picture of the cost of living. The price of gas, unemployment rate and the population also tell a story. That’s why this map is valuable, it covers all the angles not just a few,” says Howard Dvorkin, chairman of Debt.com.
Simply place the cursor over a city such as Charlotte, NC and the ranking will be revealed. Click on the city and the full details of the data are shown.
“The ease of use and the amount of information consumers can get from this map make it a useful tool for those considering a move,” says Dvorkin. “Relocating is expensive, so it makes sense to gather as much information on the new destination before the move. No one wants to relocate to a new place and then find out that they can’t afford the cost of living.”
Find out the results of Debt.com’s interactive map and check out other free Tools & Tips where visitors can find creative ways to save money and plan for their financial future.
About Debt.com: Debt.com is comprised of financial experts, journalists and solution providers that help people solve their debt problems. Providing insightful advice and educational tools, Debt.com is able to help clients understand how to become debt free and enhance their overall financial wellbeing. For more information about Debt.com referral services, please visit their website or call 1-800-810-0989.