There are plenty of reasons why more and more people seem to be pouring into our great Queen City, and why so many born-and-raised Cincinnatians seem to stick around — it could be our beautiful parks or endless brewery options, our professional sports teams or thriving art scene — it’s hard to say for sure.
But financial website Magnify Money is taking a look at the bigger picture in its most recent study, which evaluated the nation’s 50 biggest cities to find where Americans live the most balanced lifestyles. The ranking not only focused on income, but also “what we have to do to earn it, what we get in exchange for it and whether we have the time and health to enjoy our friends and family.”
Cincinnati ranked No. 4 in the study, following behind Salt Lake City, Utah at No. 3 and just ahead of Raleigh, North Carolina at No. 5. The No. 1 spot belongs to Minneapolis, Minnesota and coming in at No. 50 was no surprise with Miami, Florida (Miami is expensive…).
The study evaluated each city based on seven measurements, including average commute time, how much of resident’s income is spent on housing, local income inequality, health within the community, if residents get enough sleep and how prices for local goods and services compare to the national average.
Magnify Money concluded the study with a list of tips for how you can live your life with more balance, regardless of the city you inhabit. Suggestions include keeping recurring living costs affordable, checking discretionary spending, limiting and paying down debt and focusing on more than one financial health.
This article appears in Mar 27 – Apr 3, 2019.