Freelancing is one of the fastest developing trends on the job market, and for good reasons. The advantages associated with this type of career are countless: from setting your own schedule and demands to being your own boss and choosing your projects, freelancing represents a great opportunity for those who manage to capitalize on their skills. However, one of the major issues for freelancing is the fact that they have to ensure health insurance coverage on their own, which can sometimes prove quite expensive, especially in some cities across the US.
While freelancing is a burgeoning sector of the economy in virtually all corners of the world, not all cities offer the same set of opportunities for growth and development. Following, we would like to present you with a list we have compiled of the top 10 US cities for freelancers, based on a study recently published by NerdWallet. The experts at NerdWallet based their scoring algorithm on three important freelancing indicators: percentage of self-employed, affordability of average rent, and affordability of health care costs, which they used to compile a ranking.
Curious to see which the best cities in the US for freelancing are? Let’s take a look at the countdown. We are also advise you take a look at our list of the top 10 richest cities in the world.
No. 10: Lincoln, Nebraska
Percentage of households that feature income derived from self employment: 12.1%
Median monthly health insurance cost: $188.4
Median monthly rent cost: $595
Overall score: 69.1
No. 9: Seattle, Washington
Percentage of households that feature income derived from self employment: 14%
Median monthly health insurance cost: $177.62
Median monthly rent cost: $959
Overall score: 69.2
No. 8: Oklahoma City, Oklahoma
Percentage of households that feature income derived from self employment: 10.9%
Median monthly health insurance cost: $122.99
Median monthly rent cost: $551
Overall score: 70.2
No. 7: Lexington, Kentucky
Percentage of households that feature income derived from self employment: 12.2%
Median monthly health insurance cost: $154.07
Median monthly rent cost: $614
Overall score: 71.4
No. 6: Minneapolis, Minnesota
Percentage of households that feature income derived from self employment: 12.3%
Median monthly health insurance cost: $110.26
Median monthly rent cost: $748
Overall score: 72.1
No. 5: Nashville, Tennessee
Percentage of households that feature income derived from self employment: 12.3%
Median monthly health insurance cost: $132.69
Median monthly rent cost: $675
Overall score: 72.1
No. 4: Austin, Texas
Percentage of households that feature income derived from self employment: 14%
Median monthly health insurance cost: $168.31
Median monthly rent cost: $793
Overall score: 73.5
No. 3: Miami, Florida
Percentage of households that feature income derived from self employment: 14.6%
Median monthly health insurance cost: $189.73
Median monthly rent cost: $820
Overall score: 73.5
No. 2: Portland, Oregon
Percentage of households that feature income derived from self employment: 14.7%
Median monthly health insurance cost: $158.58
Median monthly rent cost: $778
Overall score: 77.2
No. 1: Los Angeles, California
Percentage of households that feature income derived from self employment: 17.9%
Median monthly health insurance cost: $183.73
Median monthly rent cost: $1,052
Overall score: 81.5
