- Monthly expenses: $3,687.53
- 2022 1-bedroom lease: $759.78
- % of population, single: 28%
Abilene takes the leading area as the very best city for young, broke and single individuals for one huge factor: regular monthly expense of living is not a lot more than $3,500. Furthermore, lease is numerous hundred dollars less than $1,000 and 28% of the population is single, with 13% of the population being in between the ages of 18 and 24.
Abilene’s livability rating is 75, and its a town abundant in “frontier spirit” according to its site. It’s a location soaked in the history and culture of the southwest, which plays out in its shopping, its dining establishments, and its numerous tourist attractions.
More From GOBankingRates
Methodology: To discover the very best cities for young, broke songs, GOBankingRates initially utilized ApartmentList information to discover (1) typical 2022 one-bedroom leas. GOBanking Rates then utilized Sperling’s Best to discover the (2) total expense of living index; and (3) portion of single population for each picked city. Next, GOBankingRates utilized information from the Bureau of Labor Statistics 2021 Consumer Expenditure Survey to discover the yearly expense total up to figure out just how much an individual may invest living in each city regular monthly. GOBankingRates then included regular monthly expenses together. In order for a location to be received the research study, it needed to have an expense of living index listed below the nationwide average, and a population that is both a minimum of 20% single and a minimum of 10% in between the ages of 18 and 24; in addition to (6) have a livability rating of 75 or above, as sourced from AreaVibes. All information was gathered on and as much as date since October 12, 2022.
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