America’s finest locations to reside in 2023 

If you’re considering discovering a brand-new location to call house this year, you’re not alone. According to home equity investment company Point, 22 percent of property owners wish to move prior to completion of 2023. And Redfin data from the 4th quarter of 2022 revealed that a record 24.6 percent of its users were wanting to transfer to a brand-new city.

Packing up and moving, however, needs understanding where you wish to go next. It’s a hard concern to respond to, provided the pandemic-fueled real estate market insanity of the previous couple years. Whether you’re moving for a task, for individual factors or with the newly found flexibility of working from another location, where can you live your finest life?

To assistance focus your search on cities where your cash will extend outermost and your way of life will be most satisfying, Bankrate examined city locations throughout the nation. Our exclusive scoring design aggregated information based upon 5 crucial classifications: wellness, cost, task market, variety and migration. Based on our evaluation, here are the 10 finest locations to reside in the U.S. today.

1. Round Rock, TX

Plenty of individuals had their sights set on Austin, Texas, in 2022– in truth, it was thesecond-fastest-growing city in America This year, why not move your target simply 15 miles north to Round Rock, where you’ll have simple access to the very best of Austin without its overheated, super-competitive property market. Round Rock isn’t just a residential area, it’s a tech hub: Dell Technologies is headquartered here, and business like Switch and Emerson likewise call it house. Plus, 80 percent of Round Rock citizens live within a 10-minute walk of a public park.

• Median house price: $495,000

• Cost of living: 91.5 (nationwide average is 100)

• Average wage: $64,913

• Unemployment rate: 2.5%

• Total staff members year-over-year: +8.6%

• Well- being: 67.0 out of 100

• Diversity: 65.9 out of 100

• Net migration: +1.8% population boost year-over-year

Why it stands apart: It might still be relatively pricey to purchase a house here, however you’ll save money on almost whatever else in Round Rock (particularly when compared with Austin appropriate). The city’s expense of living can be found in considerably lower than the nationwide average, showing that not whatever is larger inTexas Buying a home here now is most likely to settle in the future, too: Round Rock’s population is forecasted to grow by almost 75,000 individuals by 2040– rather the dive from the 119,000 individuals who lived here in 2020.

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2. Sarasota, FL

The second-best location to reside in the nation likewise made the leading ranking in Bankrate’s list of Best Places to Live in Florida. Sarasota uses a little whatever: cultural activities like the ballet and a yearly movie celebration, unique golf courses, night life and obviously, Gulf Coast beachfront appeal. And while Sarasota is an especially excellent area if you’re considering retirement, it’s likewise appealing for young households trying to find a safe and peaceful location to plant their roots.

• Median house price: $435,000

• Cost of living: 106.7 (nationwide average is 100)

• Average wage: $61,988

• Unemployment rate: 2.2%

• Total staff members year-over-year: +7.8%

• Well- being: 67.2 out of 100

• Diversity: 42.7 out of 100

• Net migration: +3.5% population boost year-over-year

Why it stands apart: With a 3.5 percent net migration boost, Sarasota’s population has actually risen more than any other city on our list, and the almost 8 percent boost in staff members shows that the city isn’t simply a location for retired people. While the expense of living here is somewhat above the nationwide average, you get a lot for your cash– particularly thinking about that you get to reside in a beachfront holiday location full-time.

3. Tacoma, WA

If you’re wanting to chase after profession chances with prominent companies like Microsoft, Amazon and Boeing, do not trouble with the super-spendy costs inSeattle Instead, follow the Puget Sound 30 miles south to Tacoma, where the cost of living is around 20 percent more affordable. You’ll be even better to a few of the very best hiking in the Pacific Northwest aroundMt Rainier. And Tacoma can go toe-to-toe with Seattle when it concerns culture, too, thanks to a busy museum district, a remarkable cast of craft breweries and a jam-packed calendar of waterside celebrations and enjoyable.

• Median house price: $479,515

• Cost of living: 107.4 (nationwide average is 100)

• Average wage: $80,420

• Unemployment rate: 2.6%

• Total staff members year-over-year: +5.5%

• Well- being: 67.9 out of 100

• Diversity: 64.8 out of 100

• Net migration: -0.6% population boost year-over-year

Why it stands apart: Tacoma uses a high earning capacity– it boasts among the greater typical incomes on our list, with overall staff members on the boost– integrated with a reasonably low expense of living. Plus, the real estate market is cooling here: Redfin data reveals a noteworthy decline in typical house costs over the previous year, together with an uptick in cost cuts.

4. Bridgeport, CT

If the way of life in New York City and its closest residential areas is too abundant for your blood, have a look atBridgeport With commuter-train service to Grand Central Terminal every half-hour, you can delight in practical access to Manhattan without the monetary tension. While it is definitely a quieter rate of life, this port city– the most populated in Connecticut– still uses plenty to do. Cheer on the city’s minors hockey group, go zip-lining and climbing up at the Discovery Adventure Park or just unwind with a panorama of the Long Island Sound.

• Median house price: $315,000

• Cost of living: 120.1 (nationwide average is 100)

• Average wage: $120,244

• Unemployment rate: 4.4%

• Total staff members year-over-year: +4.6%

• Well- being: 67.7 out of 100

• Diversity: 62.5 out of 100

• Net migration: +0.3% population boost year-over-year

Why it stands apart: In a time when purchasing a house feels out of grab numerous Americans, Bridgeport is a welcome exception, with the most affordable typical house cost on our list without a doubt. The expense of living here is well above the nationwide average– it is the New York city location, after all– however the large typical wage goes a long method in counteracting that issue. And its wellness rating of 67.7 puts it right on par with the leading 3 cities on our list.

5. Raleigh, NC

Bankrate’s best place to live in North Carolina is likewise among the very best locations to reside in the whole nation. As among the 3 corners of the state’s renowned Research Triangle, Raleigh has actually gone far for itself as an East Coast center of development, and there are prepare for a billion-dollar Apple campus coming quickly. Even if you aren’t going after profession aspirations in the tech or research study sector, this state capital is similarly appealing due to a moderate year-round environment, a blossoming food lover scene and a lot of chances to cheer for the home town NC State Wolfpack.

• Median house price: $432,430

• Cost of living: 94.7 (nationwide average is 100)

• Average wage: $60,884

• Unemployment rate: 3.3%

• Total staff members year-over-year: +5.7%

• Well- being: 67.0 out of 100

• Diversity: 62.1 out of 100

• Net migration: +1.6% population boost year-over-year

Why it stands apart: Inflation has actually made life harder all around the nation, however Raleigh handles to provide an expense of living listed below the nationwide average. The city has actually made nods as “the next Silicon Valley,” and its lower expenses make it a far more inexpensive alternative than the Bay Area: Bankrate’s expense of living calculator reveals that Raleigh is around half more inexpensive than San Francisco, with much, much lower real estate costs.

6. Arlington, TX

You might have heard the abbreviation DFW to explain the vast Dallas–Fort Worth city location, however there’s a quiet A missing out on from that acronym:Arlington This town, about midway in between the 2 bigger cities, is paradise for pro-sports fans as house to both baseball’s Texas Rangers and football’sDallas Cowboys Living here likewise puts you on the doorstep of major companies such as AT&T, Southwest Airlines and Kimberly-Clark, and when you’re not working you can fill your calendar with occasions like the city’s All-Star Craft Beer, Wine and Cocktail Festival, the South Street Art Festival and complimentary performances at the Levitt Pavilion.

• Median house price: $353,000

• Cost of living: 92.1 (nationwide average is 100)

• Average wage: $ 61,554

• Unemployment rate: 3.3%

• Total staff members year-over-year: +7.3%

• Well- being: 66.3 out of 100

• Diversity: 73.4 out of 100

• Net migration: +0.8% population boost year-over-year

Why it stands apart: The typical house cost and low expense of living cement Arlington as a location where the principle of cost is still alive and well– particularly unusual so near a huge city likeDallas This is likewise among the most varied locations on our list, providing chances to satisfy brand-new individuals from brand-new backgrounds and broaden your outlook.

7. Fort Myers, FL

If you like the Gulf Coast of Florida however Sarasota (second on our list) feels a bit expensive for your spending plan, typical house costs are more inexpensive further south inFort Myers In truth, this is one of the fastest-growing cities in the whole nation, according to figures from theCensus Bureau That increase of beginners isn’t simply retired people going after the sun, either: Fort Myers’s population is more youthful than Sarasota’s, with an average age of about 41 years of ages.

• Median house price: $389,000

• Cost of living: 105.7 (nationwide average is 100)

• Average wage: $54,707

• Unemployment rate: 2.4%

• Total staff members year-over-year: +5.3%

• Well- being: 66.5 out of 100

• Diversity: 51.7 out of 100

• Net migration: +3.4% population boost year-over-year

Why it stands apart: Fort Myers is evidence that waterside life does not need to break your spending plan. Plus, the boost in brand-new staff members and net migration are reflections of the truth that this city is more than simply a holiday location. If working from another location from the beach sounds attractive to you, Fort Myers is absolutely worth taking a look at.

8. Oakland, CA

Throughout the pandemic, the Bay Area has actually made headings for the variety ofpeople opting to move elsewhere But Oakland stays a location of relative chance. It’s more affordable than San Francisco in general, for something, and it has its own imaginative spirit with Michelin-rated dining destinations, more than 50 art galleries and a range of wineries that will provide you factors to state “cheers” without driving toNapa Buying a house is extremely expensive here compared to the majority of the nation, however your financial investment is most likely to settle in a huge method down the roadway: A forecast from RenoFi approximates that home worths in Oakland might be the third-highest in the nation by 2030.

• Median house price: $920,000

• Cost of living: 152.5 (nationwide average is 100)

• Average wage: $111,050

• Unemployment rate: 3.9%

• Total staff members year-over-year: +5.9%

• Well- being: 68.8 out of 100

• Diversity: 77.3 out of 100

• Net migration: -2.7% population boost year-over-year

Why it stands apart: Yes, it’s pricey to reside inOakland But you get what you spend for, and the chances for both work and play here are off the charts. Its wellness rating of 68.8 is the greatest on our list, therefore is its variety rating of 77.3. When you’re delighting in life with various voices from various backgrounds, you’re going to establish a much deeper gratitude for the entire world.

9. Alexandria, VA

Work in Washington, D.C., live and play inAlexandria Located simply throughout the Potomac River from the country’s capital, Alexandria uses remarkable access to the outdoors: An fantastic 96 percent of citizens are within a 10-minute walk to a public park. D.C.’s world-famous museums are simply a Metro ride away, and if you choose navigating on 2 wheels, Alexandria boasts a 52-mile network ofbike lanes and trails Plus, with 22 Fortune 1,000 business, the northern Virginia area has a lot of job opportunity.

• Median house price: $575,000

• Cost of living: 142.2 (nationwide average is 100)

• Average wage: $76,771

• Unemployment rate: 3.3%

• Total staff members year-over-year: +3.8%

• Well- being: 68.0 out of 100

• Diversity: 73.8 out of 100

• Net migration: -0.9% population boost year-over-year

Why it stands apart: While the expense of living produces some headaches, Alexandria provides when it concerns both wellness and variety, with its ratings in both classifications the second-best on our list. (Only Oakland ranks greater in both arenas.) You may even have the ability to ditch the expenses of a cars and truck here, too, thanks to walkable communities and low-cost, practical mass transit service to and from D.C.

10.Port St Lucie, FL

The Sunshine State shines on our list with a 3rd city in our leading 10. Located on the other side of the state from Sarasota and Fort Myers,Port St Lucie uses 20,000 acres of nature maintains and 21 miles of beaches along the Atlantic Ocean– most of which are public and complimentary. When you aren’t fishing, snorkeling or sunbathing, the city has loads of non-water-related activities to delight in. The New York Mets’ spring training is based here, and throughout the summertime, the group’s minors franchise keeps swinging for the fences, making life inPort St Lucie seem like a crowning achievement whenever of year.

• Median house price: $390,000

• Cost of living: 100.5 (nationwide average is 100)

• Average wage: $58,649

• Unemployment rate: 2.8%

• Total staff members year-over-year: +3.3%

• Well- being: 66.2 out of 100

• Diversity: 55.9 out of 100

• Net migration: +3.3% population boost year-over-year

Why it stands apart:Port St Lucie’s expense of living is nearly precisely even with the nationwide average, however the fairly low typical house cost and joblessness rate assist it feel a lot more inexpensive. You can have a high quality of life here for a relatively standard spending plan.

Methodology

Choosing the very best location to live is an extremely individual choice: It all depends upon you and your private scenarios. To assist you choose, we have actually used information throughout 5 crucial classifications to identify the Bankrate Best Places to Live lists: wellness, task markets, cost, migration and variety.

We sourced information from numerous relied on sources, consisting of Sharecare, the U.S. Bureau of Labor Statistics, the Council for Community and Economic Research and the U.S. Census Bureau.

Below, discover the formula that we used to compute the weighted amount rating for each city:

Best Places to Live Formula

Weighted amount rating = (Well- being * 0.30) + (Unemployment rate * -0.20) + (Total staff members year-over-year * 0.05) + (Cost of living * -0.10) + (Average earnings * 0.05) + (Median house price * -0.05) + (Net migration * 0.15) + (Diversity * 0.10)

For more details about our information sources, what the private information points suggest, how they are weighted and more, check out the complete Bankrate Best Places to Live Methodology.