Stretching Your Paycheck? Forbes Ranks Buffalo the 11th Best Place to Live
Buffalo made another Forbes list. On The 25 Cities Where Your Paycheck Will Go The Furthest (by Kathryn Dill, Forbes Staff), Buffalo ranks Number 11.
"Which major cities are providing employees with the most favorable combination of wages and cost of living? As part of determining the top cities for jobs, Glassdoor considered median salaries for employees in the 50 most populous metros in the U.S., as well as median home value as a measure of cost of living, using the ratio of those two metrics to identify the cities where employees get the greatest cost of living bang for their earned buck."
Buffalo, New York ranks No. 11, well within the top half, per the following stats:
- Median base salary: $50,000
- Median home value: $128,100
In first place on this list is Detroit, followed by Memphis, Pttsburgh and Cleveland.
No wonder Buffalo is attracting top chefs who want to open their own restaurants, entrepreneurs with promising business ideas, and developers of every ilk.
Actually, it's hard to imagine a paycheck going farther than it does in Buffalo. Heck, even free is too expensive for some folks here.
