Unless you recently won the lottery, you're probably tracking your expenses and hoping that you get the most bang for the bucks that you work so hard for.
But when it comes to where you live, that buck can either cause you to struggle a bit or help you to live a bit comfortably.
How can you figure that out?
You don't have to, as GoBankingRates have put together a guide that features 50 of America’s largest cities that offer the most value for your dollar (before taxes).
via: GoBakingRates
They compared the total amount of income needed to the actual median household income in each city to see if differences in cost of living are matched by differences in pay.
It sounds complicated, which it probably is, but they're broken down below in order of population from smallest to largest.
Bakersfield, California - $43,425
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50 percent for necessities: $21,713
30 percent for discretionary spending: $13,028
20 percent for savings: $8,685
Arlington, Texas - $46,904
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50 percent for necessities: $23,452
30 percent for discretionary spending: $14,071
20 percent for savings: $9,381
New Orleans, Louisiana - $60,782
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50 percent for necessities: $30,391
30 percent for discretionary spending: $18,235
20 percent for savings: $12,156
Wichita, Kansas - $40,616
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50 percent for necessities: $20,308
30 percent for discretionary spending: $12,185
20 percent for savings: $8,123
Cleveland, Ohio - $42,589
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50 percent for necessities: $21,295
30 percent for discretionary spending: $12,777
20 percent for savings: $8,518
Minneapolis, Minnesota - $64,170
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50 percent for necessities: $32,085
30 percent for discretionary spending: $19,251
20 percent for savings: $12,834
Miami, Florida - $77,057
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50 percent for necessities: $38,529
30 percent for discretionary spending: $23,117
20 percent for savings: $15,411
Raleigh, North Carolina - $55,537
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50 percent for necessities: $27,769
30 percent for discretionary spending: $16,661
20 percent for savings: $11,107
Colorado Springs, Colorado - $44,512
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50 percent for necessities: $22,256
30 percent for discretionary spending: $13,354
20 percent for savings: $8,902
Omaha, Nebraska - $45,560
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50 percent for necessities: $22,780
30 percent for discretionary spending: $13,668
20 percent for savings: $9,112
Virginia Beach, Virginia - $50,929
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50 percent for necessities: $25,465
30 percent for discretionary spending: $15,279
20 percent for savings: $10,186
Atlanta, Georgia - $60,285
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50 percent for necessities: $30,143
30 percent for discretionary spending: $18,086
20 percent for savings: $12,057
Mesa, Arizona - $42,654
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50 percent for necessities: $21,327
30 percent for discretionary spending: $12,796
20 percent for savings: $8,531
Kansas City, Missouri - $45,311
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50 percent for necessities: $22,656
30 percent for discretionary spending: $13,593
20 percent for savings: $9,062
Long Beach, California - $58,560
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50 percent for necessities: $29,280
30 percent for discretionary spending: $17,568
20 percent for savings: $11,712
Sacramento, California - $53,736
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50 percent for necessities: $26,868
30 percent for discretionary spending: $16,121
20 percent for savings: $10,747
Fresno, California - $42,496
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50 percent for necessities: $21,248
30 percent for discretionary spending: $12,749
20 percent for savings: $8,499
Tucson, Arizona - $39,966
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50 percent for necessities: $19,983
30 percent for discretionary spending: $11,990
20 percent for savings: $7,993
Albuquerque, New Mexico - $43,895
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50 percent for necessities: $21,947
30 percent for discretionary spending: $13,168
20 percent for savings: $8,779
Milwaukee, Wisconsin - $43,281
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50 percent for necessities: $21,641
30 percent for discretionary spending: $12,984
20 percent for savings: $8,656
Louisville, Kentucky - $46,831
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50 percent for necessities: $23,415
30 percent for discretionary spending: $14,049
20 percent for savings: $9,366
Las Vegas, Nevada - $50,453
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50 percent for necessities: $25,227
30 percent for discretionary spending: $15,136
20 percent for savings: $10,091
Portland, Oregon - $60,195
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50 percent for necessities: $30,097
30 percent for discretionary spending: $18,058
20 percent for savings: $12,039
Oklahoma City, Oklahoma - $44,180
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50 percent for necessities: $22,090
30 percent for discretionary spending: $13,254
20 percent for savings: $8,836
Baltimore - $53,897
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50 percent for necessities: $26,949
30 percent for discretionary spending: $16,169
20 percent for savings: $10,779
Nashville, Tennessee - $61,015
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50 percent for necessities: $30,508
30 percent for discretionary spending: $18,305
20 percent for savings: $12,203
Boston, Massachussetts - $84,422
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50 percent for necessities: $42,211
30 percent for discretionary spending: $25,327
20 percent for savings: $16,884
Memphis, Tennessee - $44,180
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50 percent for necessities: $22,090
30 percent for discretionary spending: $13,254
20 percent for savings: $8,836
Washington, DC - $83,104
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50 percent for necessities: $41,552
30 percent for discretionary spending: $24,931
20 percent for savings: $16,621
Denver, Colorado - $62,842
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50 percent for necessities: $31,421
30 percent for discretionary spending: $18,853
20 percent for savings: $12,568
Seattle, Washington - $72,092
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50 percent for necessities: $36,046
30 percent for discretionary spending: $21,628
20 percent for savings: $14,418
El Paso, Texas - $40,227
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50 percent for necessities: $20,113
30 percent for discretionary spending: $12,068
20 percent for savings: $8,045
Detroit, Michigan - $42,772
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50 percent for necessities: $21,386
30 percent for discretionary spending: $12,832
20 percent for savings: $8,554
Charlotte, North Carolina - $53,842
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50 percent for necessities: $26,921
30 percent for discretionary spending: $16,152
20 percent for savings: $10,768
Fort Worth, Texas - $51,759
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50 percent for necessities: $25,879
30 percent for discretionary spending: $15,528
20 percent for savings: $10,352
Columbus, Ohio - $45,466
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50 percent for necessities: $22,733
30 percent for discretionary spending: $13,640
20 percent for savings: $9,093
Indianapolis, Indiana - $46,016
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50 percent for necessities: $23,008
30 percent for discretionary spending: $13,805
20 percent for savings: $9,203
San Francisco, California - $119,570
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50 percent for necessities: $59,785
30 percent for discretionary spending: $35,871
20 percent for savings: $23,914
Jacksonville, Florida - $49,842
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50 percent for necessities: $24,921
30 percent for discretionary spending: $14,953
20 percent for savings: $9,969
Austin, Texas - $53,225
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50 percent for necessities: $26,612
30 percent for discretionary spending: $15,967
20 percent for savings: $10,645
San Jose, California - $89,734
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50 percent for necessities: $44,867
30 percent for discretionary spending: $26,920
20 percent for savings: $17,947
Dallas, Texas - $55,651
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50 percent for necessities: $27,826
30 percent for discretionary spending: $16,695
20 percent for savings: $11,130
San Diego, California - $69,307
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50 percent for necessities: $34,654
30 percent for discretionary spending: $20,792
20 percent for savings: $13,861
San Antonio, Texas - $46,238
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50 percent for necessities: $23,119
30 percent for discretionary spending: $13,872
20 percent for savings: $9,248
Phoenix, Arizona - $48,876
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50 percent for necessities: $24,438
30 percent for discretionary spending: $14,663
20 percent for savings: $9,775
Philadelphia, Pennsylvania - $59,384
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50 percent for necessities: $29,692
30 percent for discretionary spending: $17,815
20 percent for savings: $11,877
Houston, Texas - $60,795
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50 percent for necessities: $30,397
30 percent for discretionary spending: $18,238
20 percent for savings: $12,159
Chicago, Illinois - $68,671
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50 percent for necessities: $34,335
30 percent for discretionary spending: $20,601
20 percent for savings: $13,734
Los Angeles, California - $74,371
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50 percent for necessities: $37,185
30 percent for discretionary spending: $22,311
20 percent for savings: $14,874
New York, New York - $87,446
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50 percent for necessities: $43,723
30 percent for discretionary spending: $26,234
20 percent for savings: $17,489
To
summarize, we should all move to Virginia Beach and make sure to avoid Miami.
Who's in?
Via: GoBanking Rates