But with costs of living far beyond what most Americans can afford—and projected job growth below average for big U.S. cities—it’s hard to make the case that either the Big Apple or City of Angels offers young people the easiest living or the best shot at success.Instead, Money’s list of top cities for millennials focuses on places where job growth is projected to be above average; food, rent, and other necessities are relatively affordable; and there are high concentrations of grocery stores, pharmacies, laundromats, and other amenities. Tucson, Ariz. Nadia Yong/Shutterstock Atlanta, Ga.
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The Best Southern Cities … The first three metrics were analyzed based on people aged 20-29, while the fourth was based on those born between 1981 and 1991.
A leading-edge research firm focused on digital transformation.New York City may no longer reign supreme when it comes to the Other big metro areas like San Francisco and Washington, DC, are also millennial hotspots, but so, too, are more up-and-coming cities like Raleigh, North Carolina, and Louisville, Kentucky, both of which are more popular than DC and New York.Using data from the US Census, MagnifyMoney looked at growth in the 50 largest metropolitan areas between 2011 and 2016 for four metrics: population, labor force, employment, and median wages. Austin Urton/Shutterstock Results are limited to cities population 300,000 and higher, and one city per state.It will come as no surprise to many that the city known for being the “live music capital” tops our list of best places for people aged 20 to 34.The cherry on top is that projected job growth through 2019 is a robust 13.3%—thanks in part to big In addition, Columbus is convenient—and surprisingly With a cost of living index of 105, well below the urban average of 117, the city is affordable on top of being accessible. Chicago, known as the Windy City, has won over thousands of Millennials as one of the best cities to... Austin, Texas. Get a daily personalized selection of our top stories. 2 Career opportunities are a big draw in the city, where Moody’s projects job growth of about 11.1% over the next five years.Boasting a millennial population of about 24.1%—a notch higher than the big-city average of 22.9%—Though Seattle scores a 120 on the cost of living scale (100 is average for the U.S., 117 is average for large cities, and San Francisco is a pricey 175), generous median incomes of nearly $67,000 per year—compared with the urban average of $50,787—help residents cover costs. September 25, 2015
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