Happening in STL

The 10 cities where you can live like royalty on less than $70,000: STL Takes #6

St. Louis one of the most affordable cities

St. Louis is one of the nations most affordable cities!

Making a good living is one thing, living well is another. And that often boils down to where you choose to live.

The best places are likely the ones where you can find a job, earn a good salary and buy a nice home. In a 2016 report, job-hunting site Glassdoor calculated the top spots where your pay will go furthest, based on salaries and home values. To do so, the jobs site came up with a cost of living ratio — a city’s median base salary divided by its median home value.

Noticeably missing are some of America’s biggest cities. While you can certainly earn more in hubs like New York and San Francisco, few people can afford to buy a house or an apartment there.

Here are the top 10 places where an average paycheck goes a very long way and the quality of life is great (view the full list of 25 here, from CNBC).

10. Louisville, Ky

Cost of living ratio: 39%

Median base salary: $54,000

Median home value: $137,500

Number of open jobs: 22,693

9. Kansas City, Mo

Cost of living ratio: 39%

Median base salary: $58,000

Median home value: $147,500

Number of open jobs: 35,639

8. Birmingham, Ala

Cost of living ratio: 40%

Median base salary: $50,800

Median home value: $128,000

Number of open jobs: 15,299

7. Cincinnati

Cost of living ratio: 40%

Median base salary: $57,179

Median home value: $143,400

Number of open jobs: 32,605

6. St. Louis

Cost of living ratio: 40%

Median base salary: $56,896

Median home value: $141,900

Number of open jobs: 35,300

5. Indianapolis

Cost of living ratio: 43%

Median base salary: $56,000

Median home value: $130,200

Number of open jobs: 33,090

4. Cleveland

Cost of living ratio: 44%

Median base salary: $55,000

Median home value: $125,500

Number of open jobs: 29,304

3. Pittsburgh

Cost of living ratio: 45%

Median base salary: $56,896

Median home value: $126,700

Number of open jobs: 46,379

2. Memphis, Tenn

Cost of living ratio: 46%

Median base salary: $52,000

Median home value: $112,100

Number of open jobs: 17,982

1. Detroit

Cost of living ratio: 50%

Median base salary: $61,500

Median home value: $123,100

Number of open jobs: 54,808

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