The career site Glassdoor found the places where jobs are plentiful, salaries are competitive, and homes are affordable.
CNBC reports that Houston, Pittsburgh, Indianapolis, and Memphis are among the cities with the highest cost of living ratios, based on the place’s median base salary divided by its median home value.
All of the cities on the list are located in the Midwest or South, except for Buffalo, N.Y., and Detroit was ranked first.
Noticeably missing are some of America's biggest cities. While you can certainly earn more in hubs like New York and San Francisco, fewer people can afford to buy a house or an apartment there.
Advertisement
Related Stories
Economics
Shelter Costs Drive Inflation Higher Than Expected in January
January Consumer Price Index data show inflation increased more than anticipated as shelter costs continue to rise despite Federal Reserve policy tightening
Economics
Weighing the Effects of the Fed's and Treasury's Latest Announcements
The upshot of the Jan. 31 announcements is that while mortgage rates will stay higher for longer, they're likely to hold steady
Economics
NAHB CEO Tobin Says 'Housing Renaissance' on the Horizon
Responding to positive housing-related data such as falling mortgage rates and increased homebuyer activity, NAHB's CEO Jim Tobin is optimistic