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Where is the most affordable place to live in America?
6 Answers
- 1 decade agoFavorite Answer
Gross Income - Gross Expense = Net Income (Or Net Loss)
In a nutshell I've heard ppl talk about CA, NY and other places being "relative" in cost of living.
Fact is most ppl in those areas earn a wages that may be exactly the same as someone in other locations.
So affordable means, how much do you have left over after your expenses.
I know folk who live in "rural" america who can't afford to live; since they live above thier means:)
Figuring the equation above will answer your question and allow you to determine "affordability" no matter where you go
I've lived a lot of places and affordability meant making sure I had a Net Income as opposed to a Net Loss to work from.
Source(s): stats are cool but facts are better - Bostonian In MOLv 71 decade ago
Affordability is a relative term. Places with unusually low cost of living (such as SW MO where I live) tend to have much lower wages than more expensive metropolitan areas. If I found a job in Boston that paid double what I'm currently earning, Boston would be more "affordable" for me.
- 1 decade ago
anywhere in rural america. small towns have virtually no property value. a house that would go for a million in a city, you could get for about 200,000 in a small town.
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- Anonymous1 decade ago
Brooklyn, New York if you can handle it!