This New Jersey town outranked all others as the best place to live

There are many factors to consider when figuring out a place to call home. Whether it’s a city's job market, housing affordability, or diversity, the criteria are different for everyone.

Money, a financial magazine and website, recently assembled their own list of the best places to live in 2024. The borough of Metuchen, New Jersey topped their list.

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To create the list, Money compared these locations based on data including the health of the local job market, the average housing costs borne by homeowners and renters, the percentage of residents in poverty, and the quality of public schools.

Instead of ranking the cities on its list numerically, Money put them into five categories: "Suburbs with a soul," "hidden gems," "new boomtowns," "not just college towns," and "culture hubs."

According to Money, their list also highlights cities with "thoughtful policy, civic engagement, and community spirit — each with its own identity." 

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Here are Money's best places to live in 2024. 

List: Best places to live 2024

1. Metuchen, New Jersey
2. Ybor City (Tampa), Florida
3. Chattanooga, Tennessee
4. Portland, Maine
5. Cincinnati, Ohio
6. Babcock Ranch, Florida
7. Bisbee, Arizona
8. La Crosse, Wisconsin
9. Thomasville, Georgia
10. Camas, Washington
11. Eureka Springs, Arkansas
12. Brevard, North Carolina
13. Fruita, Colorado
14. Bay St. Louis, Mississippi
15. Milford, Connecticut
16. Durham, North Carolina
17. Ogden, Utah
18. Kalamazoo, Michigan
19. Lexington, Kentucky
20. Eugene, Oregon
21. Fayetteville, Arkansas
22. Oneonta, New York
23. Knoxville, Tennessee
24. Northampton, Massachusetts
25. Lawrence, Kansas

LINK: To see the complete list of cities, according to Money, click here. 

This story was reported from Washington, D.C.