Nashville is one of the top cities in America for stretching your paycheck, according to a new analysis in Forbes.
In conjunction with Praxis Strategy Group, Forbes reviewed the annual averages wages of the 51 largest metropolitan statistical areas and adjusted them by the areas’ cost of living, resulting in an adjusted annual wage.
Nashville just missed Forbes top 10, coming in at No. 11. Forbes grouped Nashville with several cities that have “relatively buoyant economies with relatively low costs of living.”
Forbes’ list was topped by the Houston metropolitan statistical area, with an adjusted annual wage of $66,933.
The top 10 includes a few surprising entries. Thanks to its low cost of living, the Detroit area comes in at No. 3, with an adjusted annual wage of $57,016, followed by Memphis at No. 4, with an adjusted annual wage of $55,908.
You can read Forbes’ complete roundup here.
Eric Snyder Assistant Managing Editor-Nashville Business Journal