Top 10 Cities to Pay Down Student Debt

While the “best” place to live after college will depend on your degree and needs, it’s important to find a place that allows you to live life fully while also making your student loan payments.

The Midwest dominated the rankings, in no small part due to the lower cost of living compared to the rest of the country. However, those who like warmer temperatures won’t be disappointed!

Traversed by six major railroads and long known as the Gateway to the West, St. Louis, MO, just might be your entryway to a college-debt-free life.The city ranked #1 for lowest cost of living in the energy category—at 19.6% below the national average — and #2 in the food category — 30% lower than the national average.

St. Louis, Missouri

Cincinnati could be one of the best cities for young people, particularly recent college graduates. Not only is the cost of living low, but the job market is booming. 

Cincinnati, Ohio

Madison, WI, is all about the outdoors — all year round. There are outdoor concerts during the comfortable summer months, and a chain of lakes that provide recreational activities, no matter the season. That said, the temperature can dip well below zero, so have your parkas ready.

Madison, Wisconsin

New Orleans has seen its share of bad times. But those seem to be in the past: The Crescent City ranked #2 for the lowest cost of living in the energy category with prices 18.2% below average, and #1 in affordable but appetizing food.

New Orleans, Louisiana

Orlando ranked #1 for job growth rate and income tax (it has none!) in our survey. It also ranked #3 for free entertainment. While the rent is a bit high, this fun, touristy city can be a great place to live after college if you get a couple of roommates.

Orlando, Florida

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