Choosing a Neighborhood

“Go where the jobs are” may be considered sound business and financial advice in the current economy, but what if where those jobs are costs more than twice the national average to live? In the New York City area, the average pay for full-time civilian workers is 28.51/hour, nearly $6/hour above the national average of $22.71. That might sound nice, but when you take into account that the cost of living in Manhattan is more than twice the national average (216 percent), things aren’t looking so pretty. New Jersey (although it didn’t make the top 10) is not far from New York best is still a favorite of some on the east coast.

On the flip side, Indianapolis has a cost of living that’s much lower than the national average (87 percent), but the average wage is equally low at $19.80/hour, meaning you’re only spending less because you’re making less.

So where are the best places to live where you can actually spend less and make more? Property appraisers like Abbe Edleman provide property appraisals that are used in determining the cost of living and the valuation of houses. Below is a list of the cities across the country where it may be worth considering when relocating whether it is a family move or one that is occupation related.

San Francisco

Rank: 1
Population: 808,854

The City by the Bay, provides residents with the best blend of entertainment, education, safety, clear air, and a prosperous economic base. As the heart of the Bay Area, San Francisco draws on the prosperity of Silicon Valley and possesses its own diverse history well represented at cultural centers such as the de Young Museum. Night life flourishes in the Mission and the Castro, while tech companies code away in SoMa.

Bars: 394
Restaurants: 3,430
Museums: 70
Libraries: 52
Pro sports teams: 2
Park acres per 1,000 residents: 7
Colleges: 17
Percent with graduate degree: 16
Median household income: $90,640
Percent unemployed: 7.8

Seattle

Rank: 2
Population: 624,070

For the runner-up best city, we turn back to the Northwest to the nation’s spiritual home for coffee and personal computing: Seattle. Residents of Rain City will take the city’s famously prodigious rainfall in exchange for their high average median income, beautiful water-bound locale, and standout clean air. Microsoft and Boeing provide tens of thousands of jobs to the area, for those who can’t toss fish at the Pike Place Market.

Bars: 219
Restaurants: 2,307
Museums: 29
Libraries: 42
Pro sports teams: 4
Park acres per 1,000 residents: 9
Colleges: 8
Percent with graduate degree: 16.8
Median household income: $90,303
Percent unemployed: 7.2

Washington, D.C.

Rank: 3
Population: 607,731

The District of Columbia’s been known for political dysfunction, but when it comes to leisure it has become the nation’s leader. The nation’s capital has an expansive series of parks to go with its lively districts, such as Logan Circle and Foggy Bottom. D.C. rivals Boston for its depth and quality of schools. Staying busy: Residents can shop in Georgetown or check out such cultural centers as the Smithsonian’s museums and the John F. Kennedy Center for the Performing Arts.

Bars: 134
Restaurants: 2,066
Museums: 108
Libraries: 88
Pro sports teams: 5
Park acres per 1,000 residents: 12
Colleges: 17
Percent with graduate degree: 19.6
Median household income: $72,110
Percent unemployed: 9.1

Boston

Rank: 4
Population: 615,462

Boston isn’t always one of the nation’s safest towns. But few cities can match Beantown’s blend of history, night life, and education. With 22 universities, Boston can seem very much a college town, owning a grimy charm. As New England’s cultural center, Boston combines Gilded Age class with some Atlantic brine, from L’Espalier to B&G Oysters.

Bars: 136
Restaurants: 2,064
Museums: 51
Libraries: 54
Pro sports teams: 3
Park acres per 1,000 residents: 8
Colleges: 22
Percent with graduate degree: 13.8
Median household income: $62,180
Percent unemployed: 6.6

Portland, Oregon

Rank: 5
Population: 598,205

Portland is known for its Pacific Northwestern brand of laid-back living, with education and restaurant offerings to go with air quality you won’t find on the East Coast. The city’s become beloved of America’s hipsters, do-it-yourselfers, and localist foodies. The constant turnover of such creative types adds up to a busy, if offbeat, arts and music scene. Another popular recent arrival is the city’s major league soccer team, the Portland Timbers, which regularly sells out its games.

Bars: 313
Restaurants: 2,084
Museums: 20
Libraries: 23
Pro sports teams: 2
Park acres per 1,000 residents: 25
Colleges: 16
Percent with graduate degree: 11.8
Median household income: $65,554
Percent unemployed: 7.9

Denver

Rank: 6
Population: 597,466

The Mile High City has evolved into a major night life and dining hub, with more than 200 bars and 1,700 restaurants to offer up its craft beers and mixture of southwestern and Rocky Mountain cuisine. There is also exotic food, with such game haunts as the Buckhorn Exchange offering local takes on yak, rattlesnake, and, of course, Rocky Mountain oysters (look it up).

Bars: 207
Restaurants: 1,741
Museums: 33
Libraries: 39
Pro sports teams: 6
Park acres per 1,000 residents: 10
Colleges: 13
Percent with graduate degree: 10.9
Median household income: $59,155
Percent unemployed: 8.9

New York

Rank: 7
Population: 8,110,206

The nation’s biggest and most international city, New York blows all other cities out of the water with its more than 1,200 bars, 22,000 restaurants, 350 museums, and almost as many libraries. World famous universities such as Columbia University and New York University dominate their respective neighborhoods. With Wall Street, Broadway, and the home of America’s advertising and fashion centers, be careful telling New Yorkers their city shouldn’t sit atop the list.

Bars: 1,220
Restaurants: 22,320
Museums: 356
Libraries: 341
Pro sports teams: 8
Park acres per 1,000 residents: 5
Colleges: 103
Percent with graduate degree: 9.6
Median household income: $58,608
Percent unemployed: 11

Austin

Rank: 8
Population: 797,215

The capital of the Lone Star state, Austin is our largest city without a major professional sports team, but don’t feel sorry—its main college attraction, the UT-Longhorns football team, can draw more than 100,000 spectators to games. With computer company Dell located just north of town, Austin has become a major destination for top tech talent, as well. It hosts the annual tech and music festival South by Southwest, which added a Startup Village for investing and schmoozing last year. There’s also the annual outdoor Austin City Limits music festival, which lures acts from around the globe each fall.

Bars: 212
Restaurants: 2,135
Museums: 25
Libraries: 35
Pro sports teams: 0
Park acres per 1,000 residents: 37
Colleges: 9
Percent with graduate degree: 11
Median household income: $65,886
Percent unemployed: 6.3

San Diego, California

Rank: 9
Population: 1,319,558

If weather were the leading data point in these rankings, San Diego might be No. 1. As it is, the city comes in with a strong 9th-place finish thanks to its relative safety, gorgeous beaches, and 16 colleges. For San Diego residents, picking which beach can be the hard part. Coronado lies just to the south, La Jolla to the north, with Mission Beach in between.

Bars: 189
Restaurants: 3,126
Museums: 53
Libraries: 52
Pro sports teams: 2
Park acres per 1,000 residents: 36
Colleges: 16
Percent with graduate degree: 10.9
Median household income: $79,269
Percent unemployed: 9.2

St. Paul, Minnesota

Rank: 10
Population: 288,263

St. Paul may be the smaller of the Twin Cities, but the state capital is also cleaner and safer, if slightly behind Minneapolis in median household income. St. Paul, which houses parts of the University of Minnesota campus, is known for its examples of Victorian architecture, such as the Alexander Ramsey House, and for its distinctive Cathedral of Saint Paul.

Bars: 51
Restaurants: 515
Museums: 19
Libraries: 26
Pro sports teams: 3
Park acres per 1,000 residents: 14
Colleges: 9
Percent with graduate degree: 10.9
Median household income: $60,987
Percent unemployed: 6.3