(NEXSTAR) — With graduation season already in the rearview for millions across the U.S., it's important for new college graduates to know where they can stretch their dollars further. Especially as they're starting entry-level jobs.
“Graduating from college and moving to a new city to start your career is a major milestone. For many, it’s a reality check when they realize how much of their hard-earned paycheck goes straight to rent,” said Anushna Prakash, an economic data analyst at Zillow.
Zillow's Best Markets for Recent College Graduates were determined using data on rent, average incomes, and share of the population between the ages of 21 to 29. Numbers of job postings in the area were also considered. Among the top factors used to determine the rankings, one was the balance between how much graduates can expect to earn vs. how much they can expect to pay in rent per month, on average.
The top 10 metropolitan areas for college graduates are:
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