Nate Dogg
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Portland, Ore
Metro population: 2,241,841
Cost-of-living index: 110
Median monthly rent: $779 (average is $819)
Average annual wage: $43,346
Unemployment rate: 10.2%
Percentage of Gen Y residents: 21.9%
Top employers: Intel, Fred Meyer Stores, Oregon Health & Science University, Providence Health Systems, Kaiser Foundation Health Plan of the NW, city government, Legacy Health System
A haven for bohemians, punk rockers, aging hippies, techies and other creative souls, Portland is renowned for its progressive, DIY spirit. The city's creative-class profile comes at a price, however, as cost of living is now above average. Nearby Olympia, Wash., a two-hour drive from Portland, may be a reasonable alternative for grads who don't mind sacrificing some street cred - it's a much smaller city, but unemployment and cost of living are lower.
PROS: Below-average rent, a walk-able (or bike-able!) average commute, plenty of microbreweries and hip coffee shops, innovative art and music scenes, no sales tax
CONS: Above-average cost of living, surprisingly high crime rate, notoriously rainy weather, an unemployment rate that skews almost a point above the average
I agree with this. We have lots of cultural things and a great transit system.
Source: http://realestate.yahoo.com/promo/10-great-cities-for-young-adults.html


