Stretch Your Paycheck Farther in these Cities

Cities Where Your Paycheck Will Go The Farthest

Forbes and Glassdoor have done all of the calculations and has formed a list of cities where your paycheck will go the farthest. To make up this list they looked at cities that had the right combination of wages and cost of living. The list is topped off with Detroit in the #1 spot which has a median home value of $114, 000 and median salary at $45,000 – The Motor City has many opportunities for workers looking to take advantage of a reasonable cost of living. “Many small and mid-size cities offer good economic value today,” said Dr. Andrew Chamberlain, Glassdoor chief economist, “but I don’t think public perceptions have kept up with that. There are still stereotypes about old industrial cities.”

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Charlotte makes the list at the #16 spot with median home values at $158,700 and median salaries at $45,000. “When you look at the data on where job opportunities are and what cost of living looks like,” said Chamberlain,“the list may upset many stereotypes people have about small and mid-size cities.” This is a positive sign for homeowners in the Charlotte area but also those looking to move to the Queen City.

If you’re thinking of selling and have questions on the market or if you’re wondering what steps you should take to prep your home for sale, contact Wilson Realty Group at (704)251-9741! Our expert Listing Specialists are here for you!