Yet another outlet, this time The Motley Fool, has named Huntsville as one of the best cities in which to live with high salaries and low cost of living.
There are some parts of the U.S. that are extremely cheap to live in. The problem is that most of these places also have relatively low average salaries, which tend to cancel out the financial benefits of cheaper housing, groceries, and other expenses.
However, maybe there are places that offer the best of both worlds. To try to find out, The Ascent analyzed cost of living and salary data for more than 200 of the largest metropolitan areas in the United States to see where the best combinations of high salaries and low costs of living can be found.
Key findings:
- Kalamazoo, Michigan and Huntsville, Alabama have the best salary to cost-of-living ratio.
- Harlingen, Texas is the metropolitan area with the lowest cost of living.
- In Denver, Colorado, utilities cost about 78% of what the average American pays.
- At $72,400, San Francisco has the second highest average annual salary, but the cost of living there is almost double the average.
Click here to see the entire list ➡️ 10 Best Cities for High Salaries and Low Costs of Living
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