What Are the Best Cities for Young People to Live In?

What Are the Best Cities for Young People to Live In?

The best cities for young people to live in are Akron, Ohio; Dayton, Ohio; and Buffalo, New York, according to TheStreet in 2015. These cities combine affordable home prices and salaries that are above or just a little below what young people elsewhere make.

Akron offers both housing affordability and above-average wages for Millennials, explains TheStreet. The average young person, classified as 23 to 34 years old, makes about $55,000, putting houses of about $300,000 within reach. The median home price in Akron is $119,000. For big-city experiences, Cleveland is only 30 miles away. Dayton, another affordable city, has a bit below-average income rate for Millennials but a typical home value of only $99,200.

Buffalo offers a median annual income for Millennials that's a bit above the area's household income in general, explains TheStreet. The city's typical home value of $123,700 is 30 percent lower than home values in large areas, making it a great place for young people. Scranton, Pennsylvania, is another good city for young people. The median home price there is $107,300, helping offset the fact that annual incomes for young people in Scranton are about 9 percent below norms in bigger cities. Millennials who make about $44,600 have homes up to about $249,000 within reach.