5 Best Cities for New College Grads

Got your heart set on living in a big (or biggish) city after graduation, but don't feel like spending every penny of your graduation money on new digs in a tough job market? A recent Business Insider story ranked the best cities for new grads, in terms of mean annual income, median rent, and unemployment. Here are the top picks.

1. Atlanta, Georgia

Annual income: $46,570

Median rent for a one bedroom: $880

Unemployment rate: 8.3 percent

Popular employers: Delta Airlines, Georgia Pacific, AT&T Inc.

2. Boston, Mass.

Annual income: $57,520

Median rent for a one bedroom: $1,585.00

Unemployment rate: 6 percent

Popular employers: State Street Corporation, Massachusetts General Hospital, Liberty Mutual Insurance Group

3. Houston, Texas

Annual income: $47,490

Median rent for a one bedroom: $819

Unemployment rate: 6.3 percent

Popular employers: Shell Oil Company, Chevron Corporation, British Petroleum

4. Denver, Colo.

Annual income: $50,320

Median rent for a one bedroom: $974

Unemployment rate: 7.3 percent

Popular employers: Dish Network Corporation, Lockheed Martin, University of Colorado - Denver

5. St. Louis, Missouri

Annual income: $44,210

Median rent for a one bedroom: $960

Unemployment rate: 8 percent

Popular employers: The Boeing Company, Monsanto Company, Washington University

Tell Us What You Think

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(Photo Credit: Ming Chen Liao/Flickr)

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