i Team Editors Note: I liked this article because it gives some of the top cities to live in if you are living on a budget. Anyone looking to relocate their business could benefit from this article.

Are you living beyond your means? Is your paycheck not stretching far enough? Perhaps you're even having trouble finding a job. Maybe it's time to jump a plane to one of the cities at the top of Salary.com's "Salary Value" index. We found the top (and bottom) US metros for building personal net worth (taking into account local salaries, cost of living, and unemployment relative to the national average). Median base pay was correlated across more than 2,500 different benchmark jobs in our calculations. Housing costs, living costs, and metro unemployment/job growth figures were also used to rank the metro areas. The results may surprise you.

Top 5 Cities 

 

1 New London, CT 

2 Huntsville, AL 

3 Baltimore, MD 

4 Harrisburg, PA 

5 Tulsa, OK

 

Bottom 5 Cities 

 

188 New York, NY 

187 San Francisco, CA 

186 Stamford, CT

185 San Jose, CA 

184 San Diego, CA

 

The cities that topped our list have all been regarded as "Renaissance" or "revitalized" cities, perhaps as a result of the influx of large corporations and federal defense spending. Chart-topper New London, CT is the new research and development headquarters of pharmaceutical giant Pfizer, as well as home to a US Naval and Coast Guard base (slated to be closed).

Huntsville, AL, which landed second on the list of cities with the best "Salary Value", has seen a substantial increase in scientists and engineers who have come to work for NASA and the US Army's Redstone Arsenal. Increased Homeland Security spending has also drawn highly skilled workers to the National Security Agency, which is based in the Baltimore (#3) metropolitan area.

The top cities on our list have all enjoyed recent industrial strength and revitalization. Baltimore's Inner Harbor has transformed into a vibrant scene. New condos and renovated townhouses on the Baltimore waterfront also carry relatively low price tags. The same is true for the Harrisburg, PA (#4) metro, which has achieved unprecedented revival from being ranked the #2 most distressed city in the nation in the 1980s.

 So if you are considering relocating. One of these top five areas might be the best bet for you.

 

Source: www.aol.com

 

 

Information: Fred leads i Team. A background in construction and agri-business laid Fred’s business foundation.