Thursday, February 25, 2010

Most and Least Affordable Cities

I always love these lists. It is never a surprise what makes the list for the most and least affordable cities. Are we learning anything new about ourselves? The Midwest for years continues to lose jobs which has created affordable cities, but they lack the economies of the most expensive cities. The real question is how do we merge the two so that affordable cities can have a stronger job base while the more expensive cities make it more affordable for people to stay?

Here is the list of the top five most and least affordable:

Indianapolis, IN
Detroit, MI
Dayton, OH
Youngstown, OH
Akron, OH

San Francisco, CA
Honolulu, HI
Santa Ana, CA
Los Angeles, CA


Cap'n Transit said...

New York and San Francisco are more affordable than it looks, because you don't have to spend so much of your income on a car.

Moneyapolis said...

Having just spent 7 years in New York (after growing up in the Midwest and later living in the Bay Area), in my experience not having to own a car did not begin to compensate for the extraordinarily high cost of living in the coastal cities, particularly NYC.

Now I have the best of both worlds: I'm car free in Minneapolis. :)