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Old 04-30-2019, 09:52 AM
 
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Hard to get a better value per dollar than Chicago. I'd just look for another less trendy neighborhood.
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Old 05-02-2019, 11:11 PM
 
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Quote:
Originally Posted by rednas View Post
Hard to get a better value per dollar than Chicago. I'd just look for another less trendy neighborhood.
Agree completely. I'd seriously consider just staying in Chicago.
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Old 05-04-2019, 06:11 PM
 
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If you were considering Pittsburgh I would definitely go with that. It does have that smaller feel like someone else mentioned because of the hills that break up the Area a bit. The great lakes are an hour and a half away. It once had about 700,000 people so it definitely feels bigger than you might expect. The populations starting to level out I think and it's been known as millennial hotspot for over 5 years now.
I think it will pick up.
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Old 05-07-2019, 10:38 AM
 
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Just ran my numbers last week for my 2019 Purchasing Power Index (average household incomes vs. average overall cost of living/housing costs) for metro areas. 100 is the national average. The lower the number, the better. Once a metro area goes above a 130, it's is no longer considered affordable for the average American. it's pretty much mathematically and economically impossible to become affordable again:

Better than the national average:
Greensboro/Winston Salem (51.83)
Oklahoma City (60.65)
Cleveland/Akron (61.35)
Rochester (62.88)
Cincinnati (64.25)
St. Louis (65.94)
Detroit (67.89)
Louisville (71.00)
Indianapolis (71.35)
Grand Rapids (73.77)
Buffalo (73.89)
Kansas City (76.23)
Columbus (76.30)
Pittsburgh (79.03)
Houston (81.03)
San Antonio (81.30)
Philadelphia (83.78)
Charlotte (87.59)
Atlanta (94.68)
Dallas/Ft. Worth (96.70)
Norfolk/Virginia Beach (96.72)
Chicago (97.29)
Milwaukee (98.63)

Around the national average:
Tampa/St. Petersburg (101.16)
Raleigh/Durham (101.36)
Minneapolis/St. Paul (104.69)

Still "affordable", but rising:
Nashville (112.24)
Orlando (114.93. Orlando has a low COL, but really low average household income. They need to diversify their economy more to bring this score up)
Phoenix (121.10)
Austin (127.99)

Unaffordable: Las Vegas (133.80)
Miami/Ft. Lauderdale (137.62)
Salt Lake City (146.88)
Washington DC (172.50. DC offsets its very high COL with having the highest average household income in the U.S. at the moment at about $93k)
Denver (179.97)
Riverside/San Bernardino (184.62)
Portland OR (186.45)
Sacramento (201.26)
Boston (230.37)
Seattle/Tacoma (240.16)
New York City (281.88)
San Diego (295.94)
Los Angeles (332.02)
Bay Area (504.30)
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Old 05-07-2019, 01:27 PM
 
Location: Chicago 'burbs
213 posts, read 166,070 times
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Quote:
Originally Posted by march2 View Post
Just ran my numbers last week for my 2019 Purchasing Power Index (average household incomes vs. average overall cost of living/housing costs) for metro areas. 100 is the national average. The lower the number, the better. Once a metro area goes above a 130, it's is no longer considered affordable for the average American. it's pretty much mathematically and economically impossible to become affordable again:

Better than the national average:
Greensboro/Winston Salem (51.83)
Oklahoma City (60.65)
Cleveland/Akron (61.35)
Rochester (62.88)
Cincinnati (64.25)
St. Louis (65.94)
Detroit (67.89)
Louisville (71.00)
Indianapolis (71.35)
Grand Rapids (73.77)
Buffalo (73.89)
Kansas City (76.23)
Columbus (76.30)
Pittsburgh (79.03)
Houston (81.03)
San Antonio (81.30)
Philadelphia (83.78)
Charlotte (87.59)
Atlanta (94.68)
Dallas/Ft. Worth (96.70)
Norfolk/Virginia Beach (96.72)
Chicago (97.29)
Milwaukee (98.63)

Around the national average:
Tampa/St. Petersburg (101.16)
Raleigh/Durham (101.36)
Minneapolis/St. Paul (104.69)

Still "affordable", but rising:
Nashville (112.24)
Orlando (114.93. Orlando has a low COL, but really low average household income. They need to diversify their economy more to bring this score up)
Phoenix (121.10)
Austin (127.99)

Unaffordable: Las Vegas (133.80)
Miami/Ft. Lauderdale (137.62)
Salt Lake City (146.88)
Washington DC (172.50. DC offsets its very high COL with having the highest average household income in the U.S. at the moment at about $93k)
Denver (179.97)
Riverside/San Bernardino (184.62)
Portland OR (186.45)
Sacramento (201.26)
Boston (230.37)
Seattle/Tacoma (240.16)
New York City (281.88)
San Diego (295.94)
Los Angeles (332.02)
Bay Area (504.30)
Interesting list, thanks for the hard work
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Old 05-07-2019, 01:45 PM
 
1,825 posts, read 1,420,016 times
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Originally Posted by BlueChicago View Post
True, but there's certainly still cities with arguably better value. When I visit friends in Indianapolis or Columbus they're spending MUCH less than I am in Chicago (in Wicker Park) and still loving it. I'd consider one of them but I want to get away from cold winters for a few years.
You are also living in one of the most expensive neighborhoods in Chicago. you could easily go 4 stops northwest on the Blue Line in a neighborhood like Avondale and Irving Park and see how greatly reduced your rent will be.
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Old 05-07-2019, 01:48 PM
 
1,825 posts, read 1,420,016 times
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Originally Posted by MassVt View Post
Agree completely. I'd seriously consider just staying in Chicago.
So true. Places like Seattle, Denver, Miami are just as expensive as Chicago, in some cases even more, yet Chicago offers a whole ton more than those cities in regards to culture and urban lifestyle. DC, Boston, SF are more expensive than Chicago and they offer less (not saying they don't offer anything as they do offer plenty in their own right).
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Old 05-10-2019, 06:07 AM
 
6,772 posts, read 4,515,450 times
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Quote:
Originally Posted by rednas View Post
Hard to get a better value per dollar than Chicago. I'd just look for another less trendy neighborhood.
I agree with this as well. Though places like Atlanta, Charlotte and Columbus do have good costs of living and purchasing power, Chicago (and Philly for that matter) have great purchasing power that's better than the national average. They're a great value for what you get.
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