Most and Least Expensive States to live in (real estate, to buy)

[InTheMountains93]

Originally Posted by marinezac

I remember when AZ was cheap, now its pretty average to high cost lol

I mean it’s still cheap compared to a lot of other areas but I notice wages don’t change there…. So in that sense it is pricey. Also I can’t see how infrastructure there can handle all extra people…. I think I will take New Jersey traffic over going all over Phoenix seems hectic to be in Phoenix…..

[masssachoicetts]

Originally Posted by InTheMountains93

I’m in North Jersey it is an extension of NYC, every house goes over asking and rents are way up, was always high but now we are beyond crowded here….

Yeah thats everywhere though. North NJ is still a good mark below the NYC LI area

[Igor Blevin]

I find discussions of COL of states useless in that big cities are brutally expensive and rural areas are far less expensive. Yes, an inner city mansion in Manhattan is far more expensive than one in Denver, but it is still not useful to boil COL down to statewide differences. I find discussions of cities much more compelling.

[BostonBornMassMade]

Originally Posted by InTheMountains93

I’m in North Jersey it is an extension of NYC, every house goes over asking and rents are way up, was always high but now we are beyond crowded here….

North Jersey still ain’t as bad as Eastern MA. I watch the RE in both.

[caliguy92832]

Originally Posted by Gaylord_Focker

Yep and my research has shown that Charlotte and RDU to a lesser extent is very reasonable.

Here are the average apartment rents for the large metropolitan areas with a population of 1 million or more.

San Jose-Sunnyvale-Santa Clara, CA $2362
San Francisco-Oakland-Berkeley, CA $2220
San Diego-Chula Vista-Carlsbad, CA $2146
Los Angeles-Long Beach-Anaheim, CA $1980
Riverside-San Bernardino-Ontario, CA $1909
Boston-Cambridge-Newton, MA-NH $1909
Sacramento-Roseville-Folsom, CA $1835
Washington-Arlington-Alexandria, DC-VA-MD-WV $1814
New York-Newark-Jersey City, NY-NJ-PA $1809
Seattle-Tacoma-Bellevue, WA $1797
Miami-Fort Lauderdale-Pompano Beach, FL $1758
Denver-Aurora-Lakewood, CO $1652
Baltimore-Columbia-Towson, MD $1617
Austin-Round Rock-Georgetown, TX $1571
Phoenix-Mesa-Chandler, AZ $1566
Tampa-St. Petersburg-Clearwater, FL $1555
Orlando-Kissimmee-Sanford, FL $1544
Portland-Vancouver-Hillsboro, OR-WA $1508
Las Vegas-Henderson-Paradise, NV $1486
Virginia Beach-Norfolk-Newport News, VA-NC $1474
Hartford-East Hartford-Middletown, CT $1452
Atlanta-Sandy Springs-Alpharetta, GA $1440
Salt Lake City, UT $1429
Jacksonville, FL $1418
Raleigh-Cary, NC $1414
Richmond, VA $1387
Nashville-Davidson--Murfreesboro--Franklin, TN $1376
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD $1364
Dallas-Fort Worth-Arlington, TX $1356
Chicago-Naperville-Elgin, IL-IN-WI $1342
Minneapolis-St. Paul-Bloomington, MN-WI $1295
Charlotte-Concord-Gastonia, NC-SC $1284
Providence-Warwick, RI-MA $1265
Tucson, AZ $1239
Houston-The Woodlands-Sugar Land, TX $1213
Memphis, TN-MS-AR $1184
San Antonio-New Braunfels, TX $1180
Rochester, NY $1172
Kansas City, MO-KS $1161
Birmingham-Hoover, AL $1143
Indianapolis-Carmel-Anderson, IN $1126
Detroit-Warren-Dearborn, MI $1122
Grand Rapids-Kentwood, MI $1111
Columbus, OH $1097
New Orleans-Metairie, LA $1093
St. Louis, MO-IL $1075
Milwaukee-Waukesha, WI $1053
Buffalo-Cheektowaga, NY $1051
Oklahoma City, OK $1023
Pittsburgh, PA $999
Cincinnati, OH-KY-IN $979
Louisville/Jefferson County, KY-IN $966
Cleveland-Elyria, OH $947

[riffle]

Originally Posted by Igor Blevin

I find discussions of COL of states useless in that big cities are brutally expensive and rural areas are far less expensive. Yes, an inner city mansion in Manhattan is far more expensive than one in Denver, but it is still not useful to boil COL down to statewide differences. I find discussions of cities much more compelling.

Agreed. The Ohio metros are a steal, IMO.

https://www.huduser.gov/portal/datasets/50per.html

[GeoffD]

Originally Posted by BostonBornMassMade

North Jersey still ain’t as bad as Eastern MA. I watch the RE in both.

Fall River is in eastern Massachusetts. Rents are cheap there. LOL

[masssachoicetts]

Originally Posted by kyle19125

Florida has gone off the rails expensive, minus salaries to back it up.

Yeah... I remember 10 years ago a 1 bedroom apartment in an A-rated area of Orlando was $865 a month. That same floor plan goes for $1600 a month. That's a 90% increase, 9% annual increase, where wages have only come up on average by 1.3% per year.

[CrazedCamper]

Most expensive: Basically the entire west.

Cheapest: Indiana, Ohio, and the south (counting Missouri and West Virginia too) outside of Miami, Tampa, Atlanta, Charleston SC, Virginia Beach, Charlotte, Raleigh, Wilmington, Nashville, Fayetteville AR, Dallas, Austin, and all them touristy resort towns.

[BostonBornMassMade]

Originally Posted by GeoffD

Fall River is in eastern Massachusetts. Rents are cheap there. LOL

Even for fall river you can find cheaper rundown cities in NNJ. At least to purchase a home. Rent is different