The 7 U.S. cities where your money will go the farthest

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7. Memphis, Tennessee

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Adjusted for the cost of living, the average salary of about $77,000 feels more like $84,000, Indeed found.

Memphis is helped by low housing costs, with the median home value at $81,900, according to Zillow. The city is known for its cultural roots in the music industry and for its Southern cuisine, and also offers employment opportunities at companies such as FedEx and International Paper, which both have their headquarters in Memphis.

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