10 Most Recession-Proof Cities in 2024 (Where to Move).

Economic uncertainty is something the world has navigated for the last few years. Many researchers and economists have been waiting to declare a recession, which signals a prolonged period of economic decline.

And while these recession predictions have yet to come true, some cities are better poised to handle a downturn in the economy than others.

We set out to find the best cities for riding out a recession by analyzing the 50 most populous cities in the U.S. using four data points:

Unemployment: Strength in jobs is a good indicator that a recession would be less painful in a specific area. The total unemployment rate for the country is 3.8%.

Cost of living: The cost of living index indicates how expensive it is to live in a city. The baseline used in 100, which is the score given to New York City. Cities are then scored higher or lower depending on local costs.

GDP growth: In the second quarter of 2023, the overall U.S. gross domestic product grew at an annual rate of 2.4%. Some areas have contributed to that growth more than others.

Confidence in housing security: Housing insecurity is an important factor to measure. We looked at the percentage of city residents who either recently missed a housing payment or had low confidence that they could pay next month's rent on time. For comparison, this number is 26.5% for the U.S. as a whole.

Here are the top 10 cities for navigating a recession thanks to strong jobs, economic growth, lower living expenses, and housing security.

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