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SmartAsset found the cost of a two-bedroom apartment in 25 cities across the US and how much income is needed to afford rent there. The study calculates how much a renter would need to earn to spend no more than 28% of their income on rent.
New York City no longer appears to be one of the biggest draws for millennials to move to. SmartAsset recently tracked which cities the most millennials were settling in, and some of the top places may be surprising. See which cities made the top 10.
It's longer than you think.