Strapped for cash and struggling to live in your current locale? You may want to consider making a move. A new study from GoBankingRates.com shook down the most and least expensive cities across the country. Below are the results.
Top 5 Cheapest Places to Live
- Virginia Beach, Va.
- San Antonio, Texas
- Oklahoma City, Okla.
- Omaha, Neb.
- Arlington, Texas
Top 5 Most Expensive Places to Live
- San Francisco
- Los Angeles
- Oakland, Calif.
- New York City
- Anaheim, Calif.
Looking for a bit more info? The study shows that Virginia Beach, Va., has the highest median income ($66,634) of the 15 best cities for saving money. Of the cheapest cities to live, Wichita, Kan., has the lowest median list price ($137,250).
At $4,500, San Francisco, the worst city for saving money, has the highest median monthly rent of any city included in the study. San Francisco also has the highest average gas price ($3.16) and highest median home listing price ($1,195,000). Bakersfield, Calif., has a 10.9 percent unemployment rate, the highest of any city in the study.
Of all the cities examined, Honolulu, Hawaii, has the highest average monthly cost of groceries ($490.53).
Source: http://www.gobankingrates.com
Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com
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Keeping Current Matters
National Association of Realtors
Tuesday, June 13, 2017
The Cheapest (and Priciest) Places to Live
Nancy M. Alexander ABR, e-Pro, GRI, RSPS
Nancy has a simple philosophy . Doing the right thing brings real results. A smooth sale transaction = Happy clients. Nancy has built a base of Very Happy clients. Success in today’s market requires a creative, aggressive agent.
Proudly Providing Stone Harbor and Avalon Luxury Real Estate Services. Dedicated to Customer Satisfaction.
I've worked on the island selling exclusive homes since 1980. My success has come one client at a time. I am grateful to have gained a loyal following of repeat customers along the way. It's the long time following of customers who have transitioned to friends over the years, the friends referring friends, which is my greatest reward in this wildly competitive industry.