A new study has found that New York City is the single worst place in the United States to live and try to save money. Shocking? Maybe not so much, but nice to have it confirmed in a well-publicized study.
Meanwhile, the Josh & Josh hometown of Minneapolis has been named one of the five best places in the United States to live and save money.
Hmmm.
From the study:
If you'd like to build a nest egg with your paycheck, it may be time to give up New York. A survey by pay experts at Salary.com evaluated 69 cities with more than 250,000 people and ranked the Big Apple last.
New York's diverse economy and highly-educated residents couldn't save it from sinking to the bottom due to its high cost of living and paychecks that just aren't 'inflated' enough to make up the difference, the report stated.
According to the survey, the top five cities are home to some of the nation's largest companies and have recorded strong periods of growth. Following first-place Plano, Tex., came Aurora, Colo., Omaha, Neb., Minneapolis and Albuquerque N.M.
Fun times! (Check out the full story here.)
Meanwhile, if you should happen to be in Minneapolis, this week The New York Times suggests what to do with 36 hours in the Twin Cities, and mostly gets it right.









