Toledo is #1 U.S. Cities that Makes It Easier to Get Rich
Toledo ranks #1 on Business Insider's list of 10 U.S. Cities that Make It Easier to Get Rich.
The list was determined by analyzing the average cost of housing versus average income. The top cities pay on average 16% less for their home than large cities like San Francisco and New York where costs exceed the recommended 30% of take home pay.
Extra savings allow residents in these cities to save, invest and build wealth more quickly than in other higher rent cities.
The Top Ten Cities include:
1. Toledo, OH
2. Memphis, TN
3. Cleveland, OH
4. Buffalo, NY
5. Baltimore, MD
6. Wichita, KS
7. Fort Wayne, IN
8. Milwaukee, WI
9. Indianapolis, IN
10. Columbus, OH