Tucson ranked #1 Best City for Young Creatives by CreativeLive.com.

Could the Southwest be the new Silicon Valley?

Organizations like Startup Tucson and the McGuire Center for Entrepreneurship seem to think so.

With collaborative co-working spaces like Connect Co-Working, The RailYard, Spoke6, GangPlankHQ, and Co+Hoots plus entrepreneurial, art and tech meet-ups springing up across the sunny city, Tucson is wooing young entrepreneurs like crazy, and was even named one of the top tech hubs of last year.

Top it off with really cheap rent, one of the lowest housing markets in the country and a happening downtown, Arizona starts to looking like a delicious place for young creatives with an idea and a dream.

The affordable housing market really does set Tucson apart from big cities.

Young creatives thriving in these cities are obviously pulling in a chunky paycheck, but when you factor in how much of that money is going towards housing, the big city appeal starts to dwindle. Not to mention many of these rentals are tiny, and crowded and lack privacy.

Home ownership still is a great way to build wealth and invest in the future. The peace of mind that comes with having this kind of stability and not having to move every year or every few years is also incredible.

Another thing to consider when you’re looking for a place to live and deciding where to buy a house, is would the property and location also make a good rental? Because you never know, with your more settled and thriving life, maybe you’ll be in a place to buy another home and rent out the first, or possibly you’d want to travel and rent out your house to a long term tenant or even AirBnB. There are many options and benefits of home ownership.

With the way things are booming in Tucson, self-starters, smarty-pants and other hard workers could even pull in those fat, big city paychecks. Mix that with a low cost of living and you’re on track to build actual wealth.

Another cool thing about Tucson is we have one the best music scene’s in the country and a huge population of young people… around 30% which is the same as Austin, Seattle, San Francisco, Portland and other young people melting pots.

I’d love to talk to you more about this!

10 Cheapest Places for Millennials to Live

Housely.com published an article, The 10 Cheapest Places for Millennials to Live in the U.S. where they considered data about cheap housing, availability of jobs, and social + cultural advantages.

In the past, New York City and Silicon Valley were enticing millennials in groves with fast paced tech jobs and other business opportunities; unfortunately, housing prices were so high (and they still are!) that millennials had trouble finding affordable housing and those with dreams of home ownership had a difficult decision to make and the opportunity cost was high. But now people are saying that Tucson may be the next Silcon Valley.

On the flip side, Florida is known to have an abundant affordable rental housing market, but the retiree demographic and job availability makes it a less desirable long-term destination for millennials.

Young people today are being challenged to think-outside-the-box and find destinations that will offer a more complete package and Tucson definitely does.

Without further ado, The Cheapest Places for Millennials to Live:

10. Austin, TX

9. Dallas, TX

8. Louisville, KY

7. Columbus, OH

6. Dayton, OH

5. Wichita, KS

4. TUCSON, ARIZONA