The analysis explored 50 cities across the United States, accounting for one-bedroom rents and other daily necessities.
SAN ANTONIO — San Antonio ranks as the fourth most affordable U.S. city for singles making under $40,000 a year, according to an analysis by MoneyLion, a financial technology company.
The analysis examined 50 cities and found that a single adult in San Antonio needs just $38,465 pre-tax to cover the basics, including weighing the costs for a one-bedroom apartment, groceries, utilities, transportation and healthcare.
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San Antonio is one of three cities in the analysis, behind Detroit and El Paso, where singles spend less than $4,000 a year on groceries — the rounded total is $3,948, the analysis found.
Average one-bedroom apartment rents total out at $1,390 a month. For context, the average in San Francisco is $4,539.
As for other cities in the analysis, El Paso ranked 11th, Austin at 19th and Fort Worth at 22nd.
The other nine cities for singles highlighted in the report and their bare minimum living wages were:
Wichita, Kansas ($36,334)Memphis, Tennessee ($36,478)Tulsa, Oklahoma ($38,2610)San Antonio ($38,465)Oklahoma City ($39,074)Columbus, Ohio ($39,074)Albuquerque, New Mexico ($39,513)Tucson, Arizona ($39,618)Indianapolis, Indiana ($39,899)