Thrifty Thinking: Where Your Salary Goes the Furthest After Rent

In terms of bang for your buck, factoring in average salary and rent, would you have guessed Detroit is the third best city to live? While you may think of New York as the financial capital of the world, the rents are so exorbitant that it did not even make the top 10.

When deciding where to work and live, it is critical to look at more than just what salary you can make.  Because if rents are sky high, you may net out at zero or even worse with mounting credit card debt.

The team at BusinessStudent.com is releasing the results of a new study on the 10 Cities Where Your Salary Goes The Furthest After Rent.

The findings are based on:

·         Average salary of 125+ business careers on Indeed.com minus average rent of a two-bedroom apartment on RentJungle.com.

The cities with the most money left over after rent are a mix of high salaries (Palo Alto, San Jose, Sunnyvale) and solid salaries but low rents (Detroit, Chicago, Las Vegas).

Here are the 10 Cities Where Your Salary Goes The Furthest After Rent

Rank	City	Salary	Two-Bedroom Rent	After Rent Annual Salary
1	Palo Alto, CA	$115,637	$3,928	$68,501
2	San Jose, CA	$107,243	$3,325	$67,343
3	Detroit, MI	$81,197	$1,292	$65,693
4	Dallas, TX	$82,609	$1,422	$65,545
5	Sunnyvale, CA	$105,456	$3,449	$64,068
6	Chicago, IL	$88,351	$2,096	$63,199
7	Houston, TX	$79,579	$1,401	$62,767
8	Raleigh, NC	$78,391	$1,323	$62,515
9	Fort Worth, TX	$75,797	$1,108	$62,501
10	Las Vegas, NV	$74,199	$1,038	$61,743

To see the entire study, please click here: 10 Cities Where Your Salary Goes The Furthest After Rent