Slide Show | July 2012
Best Cities for Young Adults
To identify the Best Cities for Young Adults, Kiplinger teamed up with Kevin Stolarick, research director at the Martin Prosperity Institute, a think tank that studies economic prosperity. All of the cities on our list have reasonable living costs, strong employment growth and a population that scores high on measures of education and tech-savviness. For young adults, we also factored in rental costs and the number of restaurants.
The cost-of-living index measures how expensive it is to live in a city; the national average score is 100. That means cities with a score below 100 have a lower-than-average cost of living. Nationwide, the average rent for a one-bedroom apartment is $959, median household income is $43,024, and median income growth from 2006 to 2011 was 11.1%. The national unemployment rate is 8.2%.
Check out our picks, and share your thoughts in our reader comment box below. Best Cities for Young Adults