Atlanta was named the No. 1 city for new college graduates, according to a survey published on MarketWatch.

The ATL earned the top spot because of its low rent and high starting wages. The median price for a one-bedroom apartment is $800 and the mean entry-level income is $43,000, according to the survey which was calculated by Homes.com and ForRentUniversity.com. The city also earned props for the number of post-secondary educational institutions (Georgia Tech, Georgia State) and Fortune 500 companies.

Atlanta beat out Dallas, which earned the No. 2 spot and Houston, which came in third. See the whole list here.

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