"2024 Report: Austin Tops List of Best-Performing US Cities with High Wages and Low Living Costs"

1 min read
Source: Deseret News
"2024 Report: Austin Tops List of Best-Performing US Cities with High Wages and Low Living Costs"
Photo: Deseret News
TL;DR Summary

Utah's strong economic growth and resilience have secured top spots in the Best-Performing Cities 2024 report, with Salt Lake City and Provo-Orem ranking among the top five large cities. Salt Lake City's remarkable growth in high-tech GDP and wages propelled it to surpass Provo for the first time since 2012, while Provo-Orem lost its top ranking due to a slowdown in job and wage growth. St. George, a robust small city, continues to show strong labor market performance despite challenges in housing affordability and an uncertain water future.

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