The millennial population is increasingly taking over the housing market, but according to a new study, done by Brookings, there are certain cities young adults are gravitating towards more than others. Mark Abadi, Strategy Reporter at Business Insider joins Cheddar to talk through some of the winning cities.
Colorado, Texas and Florida boast the most cities on the list. Surprisingly, North Dakota experienced the most growth in its millennial population attributed largely to the energy-driven economic boom that peaked in 2012 and the jobs that came with it.
But what is attracting young adults to these particular cities? Abadi says it's a combination of cost of living, quality of life, employment, civic engagement, education opportunities and climate. Many of the states millennials are gravitating are in the South.
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With the cost of food so high, going grocery shopping can be stressful. Trae Bodge, a shopping expert with Truetrae.com, spoke with Cheddar News to provide some money-saving tips when stocking your pantry.
The cost of raising a child is now estimated at $237,000, not including college, according to a new report. Matt Schultz, chief credit analyst with LendingTree, joined Cheddar News to provide tips on how to budget for having a family.
