With burdensome living costs and a massive shortage of affordable housing in the U.S. on everybody’s lips these days, money saving sounds like a foreign concept to many. Are there any people out there who still manage to put money in their piggy bank after paying all their living expenses? If the answer is yes, where do these people live? How much money do they manage to save monthly?

With these questions in mind, PropertyShark teamed up with RENTCafé for a joint study, looking at the top 50 largest cities (but note that Manhattan, Brooklyn and Queens have been considered individually) in which homeowners and renters can save the most money after paying their living expenses.

It turns out that U.S. homeowners in 44 out of the 50 cities we analyzed can put some money aside at the end of the month, while renters in more than half of the cities in our study can hardly make it till payday unless they cut on their expenses.

Phoenix is one of the 12 cities where renters can save money at the end of the month, though the $88 they could be left with might not seem much. For context, renters in Boston or Brooklyn could end up with over $2,000 in debt monthly.

Here are some of the other key takeaways:

• Homeowners in Phoenix fare much better than renters since they can potentially save $1,091 after covering housing and living costs.

• Renters in Tucson can end the month with a $417 hole in their pockets, mainly due to lower income than the one recorded in Phoenix.

• You can save more than 4.5k/month in Manhattan, $3.5k in San Jose and $2.6k in San Francisco if you’re a homeowner. On the other hand, Miami proves to be the least favorable city you could live in as an owner.

• Renters in Virginia Beach can save the most money ($883), while renters in Brooklyn and Boston have the hardest time out of the batch, with a $2k+ debt/month.