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Iowa Fifth Best State For Young People

CEDAR RAPIDS, IA (CBS 2/FOX 28)--We hear it all the time complaints about a lack of things to do and young talent escaping Iowa for bigger opportunities.

But tonight a financial website says Iowa is number five in the country for the best places for young people to live.

Money-rates.com looked at everything from unemployment to college costs.

"We didn't force our kids to go here. It just worked out that way, said Parent and Coe College Alumni Mike Elsbury.

Mike has two children who attend Coe College and he says Iowa is indeed one of the best places for young people to live.

"I'm surprised we are not number one. Being from the Midwest and being Iowa home-grown I think you can't those Midwestern values, he said.

While moneyrates.com didn't exactly base their rankings on how 20 something year olds treat each other, they did base it on other important factors like demographics, rental costs and even nightlife.

"I think it's cheaper than a big city for sure obviously cheaper than New York, said Coe Alumni Stephanie Hoskans.

"It's a great place to have a social life and it's a great place to work. I like it, said another alum Paige Draheim.

According to the rankings, unemployment rate for people 20 to 24 in Iowa is at 8.7 and all of the alums we spoke with say they found jobs after graduation--which is a big reason they chose to stay. 

"I wasn't worried about where I was going find a job. I knew there was a nursing shortage so I knew that there would be a job somewhere out there, Hoskans said.

As for Mike, he says he won't be surprised if his two boys were to stay in Iowa after graduation.

"It was a great fit for us and it seems to be a great fit for them, said Elsbury.

The top three states were north and South Dakota as well as Nebraska.
 
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