Hey guys, welcome back. My name is Eric Sztanyo from Keller Williams Realty and TeamSztanyo.com, where we are helping families find their way home. Today, we are asking, “what are the best cities to launch your career?”. Check out the video below for more details.
Relocating After COVID
It is currently the end of May, 2020 and spring has been crazy due to COVID. Because of the pandemic and the lockdowns, many people who never thought they would have the option to work from home now do. This opens many doors for them, one of them being able to relocate and keep their job working from home but from a city with a lower cost of living.
If you continued to work from home and make the same amount of money but now you have moved to a city where your rent is cut in half, you could potentially save A LOT of money. Not only this, but the cost of buying a home would be lower along with the general cost of living. This would instantly put hundreds, maybe thousands, of dollars back into your pocket every single month.
Another reason many people are finding themselves needing to relocate after COVID is their limited travel options over the past several months. People are growing nervous that if there is a second wave of lockdowns, they will have to isolate alone and away from family.
It used to be easy to just jump on a plane and go visit family or friends wherever and whenever you wanted. However, because of the pandemic, many airlines are now limiting the amount of flights coming and going from each airport as well as the amount of passengers allowed on each flight. See this link to view some of Delta’s new airline policies to maintain social distancing during flights.
The Top 15 U.S Cities to Launch your career
I recently came across an article on LinkedIn titled, These are the Top 15 US Cities to Launch Your Career. In the article, they were essentially ranking which cities in the U.S are the best to launch your career. They do this by comparing each cities price of living or affordability of rent, the average starting salaries, and available job opportunity. They then calculate where you could make more and live for less.
The top 10 cities that were deemed the best places to launch your career are as followed,
- St. Louis, MO
- Milwaukee, Wi
- Cleveland, OH
- Cincinnati, OH
- Indianapolis, IN
- Kansas City, MO
- Pittsburgh, PA
- Detroit, MI
- Columbus, OH
- Houston, TX
So what you are seeing here is a lot of midwest cities popping up. You see Ohio 3 times on the list which is crazy. I myself actually work in Cincinnati, Ohio and live right over the bridge in the Northern Kentucky area. Northern Kentucky is also a great option if you are looking to move to the midwest, it is actually more affordable than Cincinnati but is still in the same Metro.
Breaking Down the Cost of Living in Cincinnati, OH
Now, let’s break this down a little further. Based off of the “Top 15 U.S Cities to Launch Your Career” chart found in the LinkedIn article, the median rent in Cincinnati, Ohio is roughly $1,100 and the median salary for a starter job is roughly $61,400. In other cities such as New York, LA, or Seattle where rent may take up to 40% of your monthly income making it extremely difficult to get by. You have little to no money for discretionary income spending or to begin a savings.
What I am saying is, if instead of moving to one of these larger, more expensive cities you should consider moving to a more affordable city such as Cincinnati, Ohio. Move to a city where the cost of living is reasonable, jobs are available offering great starting pay, and the rent is affordable. With how much money you could potentially be saving, the sky’s the limit.
Thank you guys so much for stopping by! I hope this was helpful for you as you are looking into where you want to launch your career. If moving to Cincinnati, Ohio is on your radar, check out out Cost of Living in Cincinnati, OH video. Here we compare the cost of living in Cincinnati, Ohio to other major U.S. cities.
If you have any questions or would like to speak with a Team Sztanyo member directly, give us a call at (513) 813-6293! We look forward to hearing from you.