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Old 06-17-2009, 09:26 AM
 
8,141 posts, read 12,506,027 times
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Quote:
Originally Posted by kayanne View Post
My fiance recently learned that he may be transferred from Chicago to Boston. I've lived in Indianapolis my entire life until last year, when I moved in with him in Chicago.

As I've begun checking real estate web sites for houses in Boston, it's pretty depressing! In Indianapolis, I had a beautiful 3000 sq ft, brick home, with 3-car garage and lots of amenities, on a 1/2 acre lot, currently on the market for $300K. The houses I'm finding in Boston suburbs in that price range....well, they are typical of what I would see in rather poor areas here.

According to indeed.com, the average salary in Indianapolis in $52K, and in Boston, $70K (and my particular field pays very close to this average). Yet the median home price in Boston is about 2 1/2 times higher than in Indy! ($149K to $367K)

Maybe I need to adjust my thinking of what constitutes a "nice house." It's just hard to think of spending $300-350K on a house that would be such an enormous step downward in size, features, and attractiveness.

I find myself wondering, how in the world do most people afford a nice house in the Boston area?
I live on Long island, NY- medium house price here is about $500k. It's insanity, i tell you. Good luck.
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Old 06-17-2009, 11:10 AM
 
Location: A place that's too cold
4,077 posts, read 4,048,407 times
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Originally Posted by LeavingMA View Post
It is great to get out and do things, but if you don't have any money to do it...then it can be difficult. $70k in and around Boston isn't much when you start getting hit with taxes, home prices, and the high costs of everything. Your lifestyle will definitely change, Boston is not a city for automobiles or space.
And we won't be living off only my income---oh my we'd feel destitute! Fortunately my fiance has a much better job than I do.
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