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Jul 10, 2008 -- Metro areas where your money goes the furthest

In a time when unemployment is rising and layoffs are spreading, many people assess where they want to live and where they can make their money go the furthest. Americans have always been a migratory people when the chance to follow opportunity arises.

Salary.com has done a new survey of the American cities where your paycheck will stretch the most. At the top of the list sits a suburb of Dallas called Plano, TX. The No. 2 spot was nabbed by a Denver suburb known as Aurora, CO.

One shocker on the list (for Clark) was Seattle at No. 10. He's always considered the Emerald City a very costly place to live, but then again, salaries are high throughout the area.

The single worst place to live (relative to salary) is New York, followed by Washington, D.C., Los Angeles and others. Several California cities figure into the very bottom of the list.

Salary.com also offers a feature where -- if you have a job offer in another city -- you can plug in the salary and see where that puts you to afford everyday life.


Unfortunately, Clark won't be able to answer any questions submitted via commenting. If you have a question, please try posting it to our message boards.

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What others are saying

  • regarding the Orlando comment
    I'm a little confused about the comment regarding Orlando vs. Atlanta cost of living. We moved from the NW suburbs of Atlanta to Tallahassee last year, and the cost of living here is much higher than in Atlanta, at least in comparison to the suburbs. We went from having 2/3 of an acre to .198 acre and paid over 50% more for the FL home. Housing, groceries and gas are definitely more expensive here than they were in GA. I have a brother who lives in Orlando and his house there is 1500 SF compared to the 2500 SF we had in Atlanta, for the same price.
  • Salary vs Cost of living
    Moving does not take into consideration that selling home in one location and buying in another could be an income or loss and therefore change the calculations.
  • Plano
    PLAIN-O is exactly that. PLAIN and generic. Brick McMansions everywhere that aren't exactly well made or have more than a patch of grass for a yard. Keeping up with the Joneses will more than compensate for what you save in cost of living. If chain restaurants, generic people and their label-wearing spoiled kids, and a nightmare commute to Dallas are positives to you, then by all means move there. Instead, find yourself a truly unique neighborhood that doesn't look like everything else around you and enjoy your individuality!
  • moving instead of driving
    I just bought a house in the small South Dakota town where I work. The monthly mortgage payment is less than the gas I was paying for to drive 100 miles per day. Even with paying utilities, it's still cheaper. I love the change, and I save money and time--10 hours a week of driving time!
  • Plano.....tornado O
    I lived in Plano a few years ago. Not much to write about. It is fine if all you want out of life is to exist. The weather can be somewhat of a challenge too.
    Ever wonder why it's so affordable? location...location...location...
  • Agree about Plano
    I moved from Central Florida (where we could barely afford a townhome) to a suburb of Plano. We (the wife and I) now make more and are closing on a 2500sf home this month. The move was well worth the risk.
  • Salary.com is not acurate
    I moved here from Orlando and salary.com
    says the cost of living in Atlanta is 12.9% higher. Not even close.
  • nice!!!
    been to Plano, Texas many times..very nice area....me and hubby is planning to retire there someday :-)
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