Oil field workers in North Dakota. Photo: Ken Cedeno/Corbis via Getty Images

The highest median salary in the U.S. if you're a millennial is San Jose, Calif., and the area around it at about $50,000 a year, according to a new study by the Brookings Institution's Hamilton Project.

  • But once you figure in the cost of living and taxes, Silicon Valley doesn't look as great. You'd be better off — at least from a financial standpoint — moving to Bismarck, N.D., or Midland, Texas, where you'd only earn about $33,000, but would have more in your pocket at the end, the study's authors say.

What's going on: The Hamilton Project compared wages, taxes and the cost of living for 320 unique occupations in about 380 U.S. metropolitan areas, creating an interactive tool that allows further breakdown by age group.

  • Ryan Nunn, one of the authors, tells Axios that the study highlights the importance of living costs in deciding where to work. "It makes quite a bit of difference," he said.

The leading line of work differs substantially between Silicon Valley, Bismarck and Midland. The latter two feature a lot of oil industry jobs, while San Jose has information technology.

By the numbers: Bismarck, Midland, and Rochester, Minn., are the top three locations for adjusted median earnings in the 25-to-34-year-old category.

  • Yes, but: The highest-paying jobs were in San Jose, San Francisco and the D.C. metropolitan area.

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Louisville officer: "Breonna Taylor would be alive" if we had served no-knock warrant

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Sgt. Jonathan Mattingly, the Louisville officer who led the botched police raid that caused the death of Breonna Taylor, said the No. 1 thing he wishes he had done differently is either served a "no-knock" warrant or given five to 10 seconds before entering the apartment: "Breonna Taylor would be alive, 100 percent."

Driving the news: Mattingly, who spoke to ABC News and Louisville's Courier Journal for his public interview, was shot in the leg in the initial moments of the March 13 raid. Mattingly did not face any charges after Kentucky Attorney General Daniel Cameron said he and another officer were "justified" in returning fire to protect themselves against Taylor's boyfriend.

U.S. vs. Google — the siege begins

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The Justice Department fired the starter pistol on what's likely to be a years-long legal siege of Big Tech by the U.S. government when it filed a major antitrust suit Tuesday against Google.

The big picture: Once a generation, it seems, federal regulators decide to take on a dominant tech company. Two decades ago, Microsoft was the target; two decades before that, IBM.

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Why the stimulus delay isn't a crisis (yet)

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If the impasse between House Speaker Nancy Pelosi and the White House on a new stimulus deal is supposed to be a crisis, you wouldn't know it from the stock market, where prices continue to rise.

  • That's been in no small part because U.S. economic data has held up remarkably well in recent months thanks to the $2 trillion CARES Act and Americans' unusual ability to save during the crisis.