Finding the Best Interest Rates
Making educated decisions about your finances means doing your research and applying your findings to your own monetary habits and practices. GOBankingRates has expert analysis on a wide variety of financial topics to assist you in achieving your financial goals. Our database of top local cities and their national rankings for competitive banking rates, resident savings potential and investment options can help you find banking options in your local area that you might not be aware of.
Best Cities to Bank
Our list of the top 100 cities to bank in is a result of data analysis that compared population numbers with banking establishments and their offered rates. The cities at the top of the list have a high annual percentage yield (APY) for deposit accounts and a relatively high amount of banking options for local residents. Savvy consumers can use this information to make sure that their current accounts are giving them comparable competitive rates to those of the city closest to them.
Best Cities to Save Money
By comparing statistics such as median income of city residents, average savings account APY rates, sales taxes, unemployment rates and median home values, we can determine which cities are friendliest for saving money. The highest ranked cities in the top 100 best cities to save money in will have higher median incomes combined with a lower cost of living and other consumer expenses such as sales tax.
Finding the best city to live in to save money can allow you to put away a larger percentage of your paycheck into your savings accounts and retirement fund.