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The Kia Soul carries an MSRP of $14,900 (Credit: Kia)

The Kia Soul carries an MSRP of $14,900 and $20,500.

Cars priced for today's grads

With high school and college seniors across Long Island graduating and taking their next big step in life, the need to find affordable transportation will be a major decision for those heading to college or starting a new job.

Cars.com recently published a list of cars that commonly fall within the $20,000 price range, a dollar amount that most Millennials between the ages of 21 and 24 said they are willing to spend for a new vehicle.

In addition, a recent study completed by Placed for Cars.com also found that 65 percent of Millennials (car shoppers between the ages of 18 and 34) use their smartphones to research new cars prior to visiting a dealership and are more likely to visit a second dealership in hopes of finding a better price.

1. Toyota Corolla

The Toyota Corolla has an MSRP ranging from
(Credit: Toyota)

The Toyota Corolla has an MSRP ranging from $16,800 to $21,300.

2. Honda Civic

The Honda Civic has an MSRP of between
(Credit: Cars.com)

The Honda Civic has an MSRP of between $18,190 to $26,640.

3. Nissan Sentra

The Nissan Sentra has an MSRP of between
(Credit: Nissan)

The Nissan Sentra has an MSRP of between $15,990 and $19,640.

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4. Mazda 3

The Mazda 3 has an MSRP of between
(Credit: Mazda)

The Mazda 3 has an MSRP of between $16,945 and $26,495.

5. Kia Soul

The Kia Soul carries an MSRP of $14,900
(Credit: Kia)

The Kia Soul carries an MSRP of $14,900 and $20,500.

6. Ford Fiesta

The Ford Fiesta has an MSRP of $14,100
(Credit: Ford)

The Ford Fiesta has an MSRP of $14,100 and $21,400.

7. Chevrolet Sonic

Chevrolet Sonic has an MSRP of between $14,170
(Credit: GM)

Chevrolet Sonic has an MSRP of between $14,170 and $21,610.

8. Nissan Versa

The Nissan Versa has a suggested retail price
(Credit: Nissan)

The Nissan Versa has a suggested retail price ranging from $11,990 to $16,890.

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9. Honda Fit

The Honda Fit has an MSRP ranging from
(Credit: Honda)

The Honda Fit has an MSRP ranging from $15,525 to $19,800.

10. Kia Forte

The Kia Forte's MSPR ranges from $15,900 to
(Credit: Kia)

The Kia Forte's MSPR ranges from $15,900 to $20,900