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25 Cities: Luxury Living on $70K (or Less)

If you live in New York City or San Francisco, it's a given that you need to make a lot of money for a fairly basic level of living.

But let's turn that on its head. Where can you live if you make less than $70,000 but still want to enjoy life's luxuries?

The answer: Detroit. The Motor City leads this list of 25 U.S. cities where the cost of living is low enough that you live life large.

Compiled by the job-hunting website Glassdoor, the list is based on a cost-of-living ratio that is calculated by dividing the city's median base salary by its median home value. The result is a list of cities where your pay may just allow you to live like a king or queen.

1. Detroit, Michigan
Cost-of-living ratio: 50 percent
Median base salary: $61,500
Median home value: $123,100

2. Memphis, Tennessee
Cost-of-living ratio: 46 percent
Median base salary: $52,000
Median home value: $112,100

3. Pittsburgh, Pennsylvania
Cost-of-living ratio: 45 percent
Median base salary: $56,896
Median home value: $126,700

4. Cleveland, Ohio
Cost-of-living ratio: 44 percent
Median base salary: $55,000
Median home value: $125,500

5. Indianapolis, Indiana
Cost-of-living ratio: 43 percent
Median base salary: $56,000
Median home value: $130,200

6. St. Louis, Missouri
Cost of living ratio: 40 percent
Median base salary: $56,896
Median home value: $141,900

7. Cincinnati, Ohio
Cost-of-living ratio: 40 percent
Median base salary: $57,179
Median home value: $143,400

8. Birmingham, Alabama
Cost-of-living ratio: 40 percent
Median base salary: $50,800
Median home value: $128,00

9. Kansas City, Missouri
Cost-of-living ratio: 39 percent
Median base salary: $58,000
Median home value: $147,500

10. Louisville, Kentucky
Cost-of-living ratio: 39 percent
Median base salary: $54,000
Median home value: $137,500

11. Buffalo, New York
Cost-of-living ratio: 39 percent
Median base salary: $50,000
Median home value: $128,100

12. Houston, Texas
Cost-of-living ratio: 38 percent
Median base salary: $65,000
Median home value: $172,100

13. Oklahoma City, Oklahoma
Cost-of-living ratio: 38 percent
Median base salary: $50,000
Median home value: $132,500

14. Columbus, Ohio
Cost-of-living ratio: 37 percent
Median base salary: $57,000
Median home value: $154,600

15. Atlanta, Georgia
Cost-of-living ratio: 37 percent
Median base salary: $60,000
Median home value: $163,000

16. San Antonio, Texas
Cost-of-living ratio: 37 percent
Median base salary: $55,000
Median home value: $150,200

17. Charlotte, North Carolina
Cost-of-living ratio: 36 percent
Median base salary: $58,000
Median home value: $159,800

18. Dallas-Fort Worth, Texas
Cost-of-living ratio: 33 percent
Median base salary: $61,000
Median home value: $182,100

19. Chicago, Illinois
Cost-of-living ratio: 33 percent
Median base salary: $63,000
Median home value: $193,800

20. Tampa, Florida
Cost-of-living ratio: 32 percent
Median base salary: $52,000
Median home value: $163,600

21. Hartford, Connecticut
Cost-of-living ratio: 32 percent
Median base salary: $68,000
Median home value: $215,800

22. Richmond, Virginia
Cost-of-living ratio: 31 percent
Median base salary: $59,800
Median home value: $191,500

23. Jacksonville, Florida
Cost-of-living ratio: 30 percent
Median base salary: $50,000
Median home value: $165,900

24. Minneapolis-St. Paul, Minnesota
Cost-of-living ratio: 30 percent
Median base salary: $65,000
Median home value: $219,40

25. Raleigh, North Carolina
Cost-of-living ratio: 30 percent
Median base salary: $62,000
Median home value: $209,400

--From the Editors at Netscape

 
 
 
 
  
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