Great City for Young Adults
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Here are 10 cities in the U.S. that offer exceptional opportunities for those starting out in life. We began our search using the criteria we used to select our overall list of Best Cities for the Next Decade: healthy economies fueling new job growth. We fine-tuned our search using other youth-friendly factors such as large percentages of people under 35, cost of living and rental costs, culture, nightlife, and the time you're likely to spend in traffic. Take a look — and tell us what you think.
Austin, Texas
Cost-of-living index: 97 (avg. is 100)
Median monthly rent/utilities: $864 (avg. is $819)
Avg. annual wage (as of 2007): $41,380
Unemployment rate: 6.9%
% of Gen Y residents: 30%
Top employers: Austin School District, Dell, city and federal government, IBM, Seton Healthcare Network, St. David’s Healthcare Partnership, University of Texas at Austin
Austin has the fourth-lowest jobless rate among cities with populations of one million or more. Living costs fall below the national norm. It doesn't hurt that this is the capital of Texas and home to eight colleges and universities, including the University of Texas. Austin's cultural scene is exceptional, with two giant music festivals each year, a vibrant nightlife, and eclectic, up-and-coming neighborhoods, There’s certainly more than enough here to keep a recent grad busy.
PROS: Below-average cost of city living, hundreds of bars and music venues for the twenty-something set, reasonable rent
CONS: Long, hot summers, accelerating urban sprawl, limited public transportation (though the average drive will last only 23 minutes
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