Forbes started with America's 100 largest Metropolitan Statistical Areas (MSAs) and Metropolitan Divisions (MSADs), all with populations of 600,000 residents or more. Forbes ranked them based on four metrics: housing affordability, using the Housing Opportunity Index (HOI) compiled by the National Association of Home Builders and Wells Fargo; the cost-of-living index created by Sperling’s Best Places which places the national average at 100; median salaries for residents with a BA degree or higher to see just how far a paycheck actually stretches, using data from Payscale.com; and local unemployment rates collected from Moody's Analytics.
(Photo: Getty Images/George Peters)
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