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After paying bills, theres not always a lot ofmoneyleft, especially for those who reside in expensive areas.
GOBankingRates found the median national income from the United States Census American Community Survey.
The median income for each city was found from the American Community Survey.
Locations with a median household income outside the middle-class range were removed for this study.
For each middle-class city, the livability index was sourced from AreaVibes.
Using this data, the percentage of the population ages 65 and over was calculated.
The average single-family home value was sourced from Zillow Home Value Index for September 2024.
Using theaverage mortgage and average expenditure costs, the average total monthly and annual cost of living was calculated.
All data was collected on and is up to date as of Oct. 23, 2024.
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