MoneyGeek.com Releases Rankings of Best Cities to Make a Living

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MoneyGeek.com, an independent consumer website, released its ranking of the best U.S. cities to make a living. MoneyGeek.com has distinguished their rankings based on population size.

MoneyGeek.com

By comparing cost of living to what you can potentially earn in a particular city, we located the places where you can get the most bang for your buck

MoneyGeek.com released rankings of the best big, mid-sized, and small U.S. cities to make a living. The rankings take into account not only cost of living in these cities but also incomes of residents compared to the cost of living.

The “Best Cities to Make a Living” study is MoneyGeek.com’s first series of rankings of U.S. cities.

“Our rankings go beyond looking at affordability alone,” said Lydia Poon, Executive Editor of MoneyGeek.com. “By comparing cost of living to what you can potentially earn in a particular city, we located the places where you can get the most bang for your buck. These are the cities in America where you’re more likely to have a well-paying job relative to what you’ll pay for living expenses.”

To calculate the ranking, MoneyGeek.com evaluated cities by population range out of a total group of nearly 30,000 cities reported by the U.S. Census Bureau. The cost of living in these cities in the second quarter of 2015 was compared to the national median cost of living in the same time period and also to the earning potential of workers in these cities across all professions for which the U.S. Bureau of Labor Statistics had data. The top cities in the study were cities that offered the highest salaries relative to the cost of living.

Here are the top-ranked cities for each of the three rankings for the best cities to make a living.

Best Big Cities to Make a Living (among cities of population more than 500,000):

1. Detroit, Michigan
2. Columbus, Ohio
3. Austin, Texas
4. Indianapolis, Indiana
5. San Jose, California
6. Dallas, Texas
7. Charlotte, North Carolina
8. Houston, Texas
9. Denver, Colorado
10. Memphis, Tennessee

See the full ranking of MoneyGeek.com’s best big cities to make a living.

Best Mid-Sized Cities to Make a Living (among cities of population between 100,000 and 500,000):

1. Durham, North Carolina
2. Springfield, Illinois
3. Huntsville, Alabama
4. Des Moines, Iowa
5. Rochester, Minnesota
6. Ann Arbor, Michigan
7. Cedar Rapids, Iowa
8. Cincinnati, Ohio
9. Midland, Texas
10. Raleigh, North Carolina

See the full ranking of MoneyGeek.com’s best mid-sized cities to make a living.

Best Small Cities to Make a Living (among cities of population less than 100,000):

1. Olympia, Washington
2. Ithaca, New York
3. Kennewick, Washington
4. Ames, Iowa
5. Cheyenne, Wyoming
6. Wilmington, Delaware
7. Kalamazoo, Michigan
8. Houma, Louisiana
9. Harrisburg, Pennsylvania
10. Ogden, Utah

See the full ranking of MoneyGeek.com’s best small cities to make a living.

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MoneyGeek.com empowers consumers to make smarter financial decisions. Our independent website, produced by a team of editors, writers and data analysts with a wealth of combined experience in financial publishing, helps individuals choose wisely when financing life's expenditures, great and small. MoneyGeek's free interactive tools, calculators and guides cover popular topics from saving and budgeting to home mortgages, credit cards, career advancement, financial aid and retirement planning.

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Gin Garton
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