12 U.S. Cities Where Your Paycheck Will Go The Furthest

8. Indianapolis, IN
  • Cost of Living Ratio: 43%
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  • Median Base Salary: $56,000
  • Median Home Value: $130,200

Indianapolis is the second most populous city in the Midwest, after Chicago, and 14th largest in the U.S. which covers 372 square miles (960 square kilometers), making it the 16th largest city by land area in the U.S.

This midwestern city has a walkable downtown and offers plenty of sports and culture. So if these are your interests then you’ll find what you want here. The city is possibly best known for yearly hosting the world’s largest single-day sporting event, the Indianapolis 500.

7. St. Louis, MO
  • Cost of Living Ratio: 40%
  • Median Base Salary: $56,896
  • Median Home Value: $141,900

St. Louis is an independent city and major U.S. port in the state of Missouri. The economy of metro St. Louis relies on service, manufacturing, trade, transportation of goods, and tourism. Its metro area is home to major corporations, including Anheuser-Busch, Express Scripts, Centene, Boeing Defense, Emerson, and Energizer to name a few.

This city has also become known for its growing medical, pharmaceutical and research presence. With its iconic arch, St. Louis rises as the historic gateway to the west. The city today also provides a gateway to a secure quality of life, thanks to a low cost of living.

6. Cincinnati, OH
  • Cost of Living Ratio: 40%
  • Median Base Salary: $57,179
  • Median Home Value: $143,400

Cincinnati is sometimes thought of as the first purely “American” city. This Ohio city was once called the “Paris of America,” but now it’s gaining confidence among millennials as a city with an affordable cost of living. One local company, Total Quality Logistics, ranked among Fortune’s list of the best workplaces for millennials, while the city has an intern program to attract young workers.

5. Birmingham, AL
  • Cost of Living Ratio: 40%
  • Median Base Salary: $50,800
  • Median Home Value: $128,000

Did you know that most of the original settlers who founded Birmingham were of English ancestry? The city also ranks as one of the most important business centers in the Southeastern United States and as one of the largest banking centers in the nation.

Birmingham is home to the University of Alabama School of Medicine (formerly the Medical College of Alabama) and the University of Alabama School of Dentistry since 1947. This southern city combines urban living with outdoor access since the town has more green space per capita than any other major U.S. city. If you love urban outdoors then this is the city for you.

4. Kansas City, MO

  • Cost of Living Ratio: 39%
  • Median Base Salary: $58,000
  • Median Home Value: $147,500

Kansas is named after the Kansa Native American tribe, which inhabited the area. By 2015, Kansas was one of the most productive agricultural states, producing high yields of wheat, corn, sorghum, and soybeans.

This city might be known for jazz and barbecue, but it also offers a relatively low cost of living. The cost of living ratio which is the median salary divided by the median home value stands at 39 percent, much better than San Francisco’s ratio of 11 percent.