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Low cost of living boosts millennial income

​Though St. Louis only ranks 27th in the nation for median household income for millennials, our low cost of living moves the region to fifth. This puts St. Louis almost 9.0 percent above the national average. The region

Coupled with cheaper office rents, the lower cost of living may entice companies to the region as lower wages offer a significant labor savings over places like San Francisco, New York, and Los Angeles. 




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