Plenty of cities allow you to build your financial foundation andenjoy a high quality of life, while not being crushed by the cost of living. But before you light out for the territories know, too, that different industries pay differently.
"A location that is hot for tech jobs may not have higher pay for media jobs, for example," Martin said. He says be sure to "get more information on the pay you should expect to earn based on your personal characteristics...Just because people tend to earn more or less in a specific city doesn’t mean you should expect to."
Jed Kolko, Indeed’s Chief Economist said, ”A higher salary is great if there are jobs in your field. But high salaries don’t do you any good if they are in fields you’re not in and can’t transition to.” And there’s another catch. Said Kolko: “Many of the places with high adjusted salaries also had high unemployment rates.”
Also, only you can weigh the precise combination of career opportunities, living costs and compensation factors that matter most to you. But where you choose to live has a huge impact on more than your financial bottom line. It influences the opportunities, financial and otherwise, you are able to take advantage of down the line.
Here are 10 places where you can find the best fit for you and live large on less than a six-figure salary, as culled from research done by GoBankingRates, Indeed and U.S. News & World Report. Salaries for each city have been adjusted for the local cost of living.