From Select Greater Philadelphia

Philadelphia beat out every other city in the U.S. for quality of life for the cost, according to San Francisco-based Varo Money Inc.

The mobile banking startup surveyed more than 1,000 people over the age of 18. According to their results, 56 percent of Philadelphians said that the city had the best price tag for quality of life, and 73 percent stated that they could afford the lifestyle they wanted.

Overall, Philadelphia gained the top spot for quality of life over other big U.S. cities like San Francisco, New York City, and Chicago.

“For companies thinking about relocating or opening a satellite office, these survey results provide extremely useful data,” said Colin Walsh, co-founder and CEO of Varo Money, in a Philadelphia Business Journal article. “Quality of life — including financial considerations — is a huge benefit for companies across industries, and this survey hits some of the most critical factors.”

Philadelphia has also gained high rankings for everything from the 4th most improved economy in the U.S. to 5th least expensive city to base a tech startup.

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