The best US cities to live in if you want to work in finance
- Salaries in the financial sector tend to be higher than average.
- In some cities, the cost of housing can take a large chunk of your paycheck, even if you work in finance.
- Adobo.com compiled a list of the best cities for finance workers based on job density and rent affordability.
Some of the highest-paying jobs for millennials are in the financial sector.But just because you're making good money as an accountant or financial adviser doesn't mean you'll be able to afford rent, particularly if you live in an expensive city.
Apartment-rental site ABODO.com recently set out to find the best cities for finance workers. They gathered 2015 data from the Bureau of Labor Statistics on the availability of jobs (employment per 1,000 jobs) and median annual salary for all business and finance positions listed by metro area. ABODO provided the data on median one-bedroom rent prices for each city.
To determine the ranking of metros, job density data was weighted 75% and rent-to-income ratio was weighted 25% of the final score for each place.
Below, check out the best places to live in the US for finance workers.