Want to save money? Phoenix is ​​a great place

Want to save money? Phoenix is ​​a good place. Choosing the ideal city to live in is not easy. Most of the time, people have to choose from an area with a lower cost of living or an area with expensive living costs but high income...

Choosing an ideal city to live in is not easy. Most of the time, people have to choose from an area with a low cost of living or an area with expensive living costs but high income. But there are also some cities in the United States where living costs are not expensive and incomes are high.

GOBankingRates, a well-known American financial website, conducted a survey and found some cities with higher average annual salary and lower cost of living.

To identify these cities, GOBankingRates used data from Zillow, Numbeo, and the U.S. Census Bureau to analyze and rank 270 U.S. cities. In its analysis, it took into account factors such as median home rent, grocery costs, utility bills, and transportation in each city to determine the average monthly cost of living in the area. The average cost was then deducted from each city's average annual income so residents know how much money they have left after spending.

>GOBankingRates selects 10 cities in the United States with high incomes but low cost of living based on the amount of funds remaining in each city after deducting basic expenses each year. Phoenix ranks fourth with an average annual income of $73,135.

The following is a ranking of 10 cities in the United States with high wages and affordable living expenses.

1. Oklahoma City, Oklahoma

Average annual income: $72,385 Median monthly rent: $1,070 Annual necessary living expenses: $18,701

2. Kansas City City), Missouri

> Average annual income: $69,301 Median monthly rent: $1,092 Annual necessary living expenses: $19,756

3. Lexington, Kentucky

> Average annual income: $77,827 Median monthly rent: $1,215 Annual Necessary Living Expenses: $20,535

4. Phoenix, Arizona

Average Annual Income: $73,135 Median Monthly Rent: $1,296 Annual Necessary Living Expenses: $21,412

5. Durham, North Carolina

Average annual income: $74,401 Median monthly rent: $1,341 Annual essential living expenses: $21,625

6. Omaha, Nebraska

Average annual income: $74,125 Median monthly rent: $1,324 Annual necessary living expenses: $21,779

7. Bakersfield, California

Average annual income: $76,673 Median monthly rent: $1,353 Annual necessary living expenses: $22,632

8. Tampa, Florida

Average annual income: $80,121 Median monthly rent: $1,344 Annual essential living expenses: $23,035

9. Dallas, Texas

Average annual income: $76,726 Median monthly rent: $1,445 Annual necessary living expenses: $23,057

10. Charlotte, North Carolina

Average annual income: $86,922 Median monthly rent: $1,344 Annual essential living expenses: $23,249