The 30 cities where millennials carry the most debt don't include New York or San Francisco

Millennials with the most debt in the US live all over the country — but apparently not in New York or San Francisco, two of the most historically expensive cities in America.

That's according to a LendingTree study, in which researchers analyzed anonymized credit report data from My LendingTree to see where millennials with the most debt live. Researchers looked at debt balances, excluding mortgages, of people born between 1981 and 1996, and included people both with and without debt. The debt calculated included personal and student loans, auto, and credit card debt. My LendingTree currently has more than nine million active accounts.

The study concluded that student loan debt made up the largest portion of millennial debt for those who carry it, accounting for 40% of their total credit and loan balances.

"Auto loans make up a large percentage of millennial debt in places where that overall debt tends to run higher, so it's not entirely surprising that people who live in places with vibrant public transportation systems, or even places that don't have a big car culture, would have lower balances," LendingTree s

The LendingTree researchers found auto loans make up 43% of debt for millennials in Riverside, California, but only account for 22% of debt for millennials living in New York City.

"People in expensive cities also tend to earn higher paychecks, which means they may be making bigger student loan payments under an income-based repayment schedule, even if their monthly expenses are significantly higher than people who live elsewhere but earn less," McFadden said.

Here are the top 30 cities in the US where millennials have the most debt, with the median debt balance per millennial in a given city.

30. Chicago, Illinois

Median balance: $22,784

29. Minneapolis, Minnesota

Median balance:

28. Philadelphia, Pennsylvania

Median balance: $23,075

27. Boston, Massachusetts

Median balance:

26. Baltimore, Maryland

Median balance:

25. Las Vegas, Nevada

Median balance:

24. Milwaukee, Wisconsin

Median balance:

23. Hartford, Connecticut

Median balance:

22. Nashville, Tennessee

Median balance:

21. Cincinnati, Ohio

Median balance:

20. Tampa, Florida

Median balance:

19. St. Louis, Missouri

Median balance:

18. Charlotte, North Carolina

Median balance:

17. Indianapolis, Indiana

Median balance:

16. Denver, Colorado

Median balance: $24,477

15. Kansas City, Missouri

Median balance:

14. Atlanta, Georgia

Median balance:

13. Buffalo, New York

Median balance: $24,828

12. Phoenix, Arizona

Median balance:

11. Birmingham, Alabama

Median balance:

10. Columbus, Ohio

Median balance:

9. Oklahoma City, Oklahoma

Median balance:

8. Virginia Beach, Virginia

Median balance:

7. Washington, D.C.

Median balance:

6. Dallas, Texas

Median balance:

5. Jacksonville, Florida

Median balance:

4. Houston, Texas

Median balance:

3. Austin, Texas

Median balance:

2. Pittsburgh, Pennsylvania

Median balance:

1. San Antonio, Texas

Median balance:

The 30 cities where millennials carry the most debt don't include New York or San Francisco

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