U.S. cities: Financial impact of being single vs. married

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By Jaclyn DeJohn Whether you’re single or married affects more than your love life. Your relationship status can have a significant impact on your finances. Common advantages of being single include greater career flexibility and lower expenses. On the other hand, a couple also has its own financial advantages, including tax benefits, Social Security benefits, and economies of scale. With different advantages at play, SmartAsset examined the latest trends in marriage and singlehood across 118 U.S. cities. SmartAsset Key findings In Miami, there are 138 single men for every 100 single women. This is the highest ratio studywide. In San Francisco, there are 118 single men per 100 single women. New York City and Chicago are just about even at 99.5 and 99.1 single men per 100 single women, respectively. Single women vastly outnumber single men in these Southern towns. Birmingham, AL has the highest rate of single women, with only 82 single men per every 100 single women. Greensboro, NC (85.6 single men per 100 single women); Shreveport, LA (88.6); and New Orleans (90.5) also have some of the highest relative rates of single women. Rochester, NY is the only non Southern city that makes the top five, with...

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