Best cities for new college graduates in 2022

If you’re a recent college graduate looking for a place to move, the Midwest could be an ideal landing spot.

one analysis by Insurify has identified five Midwest cities as the best for new graduates, based on factors including unemployment rate, cost of living, rental prices, alternative transit and arts and entertainment venues. Criteria are used to determine the overall comparative score for the city on a scale of 0-100, with 100 being the highest/best.

Eight of the top 10 cities identified in the rankings are in the Midwest.

“Across the board, this city offers entertainment and alternative transit opportunities in line with many of our nation’s coastal metropolises, yet with discounted prices that can appeal to many young grads just starting their professional careers,” said Insurify about the area.

Here are the top 5 cities:

1. St. Louis, Missouri

A file image of St. Louis shows the iconic arch. (Getty)
  • Overall Comparison Score: 100.0 (25% greater than state average)
  • Cost of living index: 89.6 (vs. national average of 100)
  • Unemployment rate (June 2022): 2.8%

2. Minneapolis, Minnesota

Minneapolis, Minnesota is featured.
  • Overall Comparison Score: 98.3 (30% greater than state average)
  • Cost of living index: 105.4 (vs. national average of 100)
  • Unemployment rate (June 2022): 2.2%

3. Rapid City, South Dakota

Rapid City, South Dakota, is featured.
  • Overall Comparison Score: 88.8 (23% greater than state average)
  • Cost of living index: 94.2 (vs. national average of 100)
  • Unemployment rate (June 2022): 2.5%

4. Pittsburgh, Pennsylvania

Pittsburgh, Pennsylvania, is shown.
  • Overall Comparison Score: 85.5 (58% greater than state average)
  • Cost of living index: 93.1 (vs. national average of 100)
  • Unemployment rate (June 2022): 4.6%

5. Lincoln, Nebraska

The sun sets over the Nebraska State Capitol building in Lincoln, Nebraska.
  • Overall Comparison Score: 84.9 (12% greater than state average)
  • Cost of living index: 94.7 (vs. national average of 100)
  • Unemployment rate (June 2022): 2.4%

Rounding out the top 10 after Lincoln are Portland, Oregon; Rochester, Minnesota; Fargo, North Dakota; Fort Wayne, Indiana, and Denver, respectively.

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