2014 Savings Opportunity Study

The Bottom 9 Cities

Americans are constantly being told they must save more, but is that realistic? It probably isn't in these cities. We ranked 18 major metro areas on what we've dubbed their "savings opportunity." Simply put, that's the difference between the median household after-tax income and the median cost of living in each city. To accomplish that we analyzed Bureau of Labor Statistics' exhaustive data on how much we spend, breaking those costs down into categories such as housing, transportation and food. Our Bottom 9 cities have between zero and 11% of after-tax incomes left over to save after all the bills are paid. Of course you'll find some of the nation's least affluent cities on this list. But you'll be surprised at how many cities have above average incomes gobbled up by high costs of living. Click here to read more about the study.