The U.S. Cities With the Most Leftover to Spend ... After Paying for Housing

The comments on my recent post on America's most economically advantaged metros got me thinking.

A number of folks brought up the issue of cost of living. "Does your index take into account the high cost of living in some of the metro areas that top this list," one commenter asked. "The amount of money people have to buy presents is diminished when they're paying over a third of their income on housing."