BALTIMORE, MD—With Veterans Day approaching and the veteran unemployment rate at 3.6%, the personal-finance website WalletHub this week released its report on 2023’s Best & Worst Places for Veterans to Live. The report compares the 100 largest U.S. cities across 19 key metrics, ranging from the share of military skill-related jobs to housing affordability and the availability of VA health facilities.

Baltimore came in near the bottom of the list at No. 94 out of 100.  Raleigh, NC was ranked as the best city in the U.S. for veterans.

WalletHub also released the results of its 2023 Military Money Survey, which revealed that 52% of Americans think inflation is hitting military families harder than civilians. To help with that, WalletHub’s editors selected 2023’s Best Military Credit Cards, which provide hundreds of dollars in annual savings potential. Below are highlights from the reports.

Military Money Survey & Best Military Credit Card

• 52% of Americans think inflation is hitting military families harder than civilians.
• 65% of people think the military does not do enough to teach financial literacy.
• Nearly 2 in 3 people think poor financial literacy among military personnel is a threat to national security.
• 7 in 10 military members think joining the military is a good deal financially.
• More than 2 in 3 Americans think that members of the military should not have to pay interest on debt or income taxes while deployed.
• 44% of people are willing to use at least 10% of their income to fund the military.
• Navy Federal Credit Union Visa Signature® Flagship Rewards Credit Card is the best military credit card of 2023. It gives 3 points per $1 spent on travel purchases and 2 points per $1 spent on everything else. It also offers an initial bonus of 40,000 points.

The Best & Worst Cities for Veterans report can be viewed online here. The Military Money Survey can be viewed online here.

More in the video below.

Photo via Pixabay

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