CNBC: Kansas City is a top place to affordably ‘live large’
February 10, 2017 | Bobby Burch
Kansas City was once again nationally recognized as a locale in which residents can live well on a base salary that’s comparatively low to coastal cities.
CNBC named Kansas City No. 9 on its list of 12 cities “where you can live large on $60,000.”
“The best places are likely the ones where you can find a job, earn a good salary and buy a nice home,” CNBC reported. “In a 2016 report, job-hunting site Glassdoor calculated the top spots where your pay will go furthest, based on salaries and home values. The jobs site came up with a cost of living ratio — a city’s median base salary divided by its median home value. A higher ratio number is better.”
In the list, Kansas City nabbed a cost of living ratio of 39 percent, a median base salary of $58,000 and a median home value of $147,500. The City of Fountains also has the fourth-largest amount of jobs available, with more than 35,600 open positions, according to the report.
Also on the list are No. 8 Birmingham, Ala, No. 7 Cincinnati and No. 6 St. Louis. Detroit was named the top U.S. city to stretch your paycheck.
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