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Old 11-06-2012, 11:53 AM
 
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Quote:
Originally Posted by scubamaniac View Post
The super high unemployment rate in Las Vegas indicates that there's much more going on behind the scenes and automatically negates a lot of those basic COL benefits. Plus Vegas is still a seedy city full of transient get rich types. The social scene reflects that where a night out is with a bunch of drunken tourists or befriending shady fly by night "professionals" in the city. I've known many many people who have lived and worked in Vegas too.
The unemployment is not super high. That is places like inland CA..

The rate in fact without the construction industry is at or below the nation average.

The professionals in the city are very much the same as in any southwestern city...neither my doctors or lawyer or accountant are the least bit unusual...and they are all well credentialed professionals.

Las Vegas is a little less transient than Dallas TX. You find Dallas hopelessly transient.

Locals deal with drunken tourists only as a part of their well paid jobs. The local community has its own rather normal social life...though the strip adds to opportunity to exceed that if the rare urge occurs.

And from your views you obviously are expert on the wrong part of Las Vegas. I would expect you are in contact with that same social group wherever you live. The lower end search each other out.
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Old 11-06-2012, 11:59 AM
 
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Quote:
Originally Posted by lvoc View Post
The unemployment is not super high.
Yeah, the low low rate of 11.5%. There's something to be proud of.
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Old 11-06-2012, 12:26 PM
 
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Quote:
Originally Posted by BTA88 View Post
Yeah, the low low rate of 11.5%. There's something to be proud of.
And without the construction industry it is on the US average.

Nothing to be proud of...nor terribly bad...

The point being made was that it is terrible...it is not.
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Old 11-06-2012, 12:44 PM
 
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Quote:
Originally Posted by benleis View Post
Given how subjective any of this is I highly doubt you could "prove" your belief to the satisfaction of a majority of folks. I think you have a reasonable case w.r.t Philadelphia's position in the Northeast but the a lot of the other regions in the country are lower cost and can also offer urban amenities. Much of the midwest comes to mind immediately: Chicago, Minneapolis, Milwaukee etc and the sunbelt has always been historically one of the cheapest regions to live in with some areas that also support more than just suburbs.

I'll link the following table: The Cities Where A Paycheck Stretches The Furthest | Newgeography.com which only considers half of the equation COL adjusting the wages by regional col:

MSA Name 2011 Avg. Annual Wage Unadj. Rank 2011 Adj. Annual Wage Adj. Rank Rank Change
Houston-Sugar Land-Baytown, TX $59,838 8 $66,933 1 7
San Jose-Sunnyvale-Santa Clara, CA $92,556 1 $61,581 2 (1)
Detroit-Warren-Livonia, MI $53,424 17 $57,016 3 14
Memphis, TN-MS-AR $48,025 32 $55,908 4 28
Dallas-Fort Worth-Arlington, TX $53,453 16 $55,564 5 11
Charlotte-Gastonia-Rock Hill, NC-SC $51,143 18 $54,816 6 12
Cincinnati-Middletown, OH-KY-IN $49,886 24 $54,580 7 17
Austin-Round Rock-San Marcos, TX $50,422 19 $54,393 8 11
Seattle-Tacoma-Bellevue, WA $60,123 7 $53,874 9 (2)
Columbus, OH $48,483 30 $53,691 10 20

In general downtowns have been strengthening over the last decade and that trend seems to be continuing so your choices and opportunities to live an urban lifestyle are expanding.

Ben
Interesting - The NY Times continues to indicate that salaries are a bit lower and the cost of living higher in Dallas than in Las Vegas.

Obviously a different data base.

Lots of sites indicate that housing costs in Dallas are substantially less than Las Vegas. That is hopelessly untrue. The best virtue of Las Vegas right now is low housing cost. 30 or 40% less than Dallas at the moment.
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Old 11-06-2012, 02:02 PM
 
Location: Manhattan
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Detroit. It's a metro area of about 5 million and has all of the amenities that go along with a metro of such a size. Yet, the cost of living (especially property values) are about as cheap as they get.
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Old 11-06-2012, 06:32 PM
 
Location: Minneapolis (St. Louis Park)
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Quote:
Originally Posted by jayp1188 View Post
Detroit. It's a metro area of about 5 million and has all of the amenities that go along with a metro of such a size. Yet, the cost of living (especially property values) are about as cheap as they get.
That is true in Cleveland as well. I don't think there is anyplace in America where you can purchase a beautiful Art Deco 2,000+ SF home for as cheaply as you can in Detroit or Cleveland. You can own a small mansion for a quarter mill!
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Old 11-06-2012, 07:04 PM
 
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Quote:
Originally Posted by Min-Chi-Cbus View Post
That is true in Cleveland as well. I don't think there is anyplace in America where you can purchase a beautiful Art Deco 2,000+ SF home for as cheaply as you can in Detroit or Cleveland. You can own a small mansion for a quarter mill!
I've never lived in Cleveland, but always felt it was an underrated city after several great times there.

Chicago while a great city, and my hometown, isn't as cheap to own in the nicer areas that are around the amenities as some people might think, or make it seem.
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Old 11-08-2012, 04:42 PM
 
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Quote:
Originally Posted by Min-Chi-Cbus View Post
That is true in Cleveland as well. I don't think there is anyplace in America where you can purchase a beautiful Art Deco 2,000+ SF home for as cheaply as you can in Detroit or Cleveland. You can own a small mansion for a quarter mill!
Yeah, pretty much any major Great Lakes metro will offer quite a bit at a pretty affordable price/cost of living.
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Old 11-08-2012, 04:46 PM
 
Location: In the heights
37,148 posts, read 39,404,784 times
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The ones on my radar have been mostly rust-belt or former rust-belt cities which have good bones, but have been emaciated over the last few decades. I think there's been a slow turn for them, but they are turning for the better for the most part with the population loss either plateauing or slowing and likely to return to a period of modest growth. These cities are generally in fairly high tax states, but there are trade-offs (or potential trade-offs for when they get their ducks in a row) for those high taxes and the cost-of-living is fairly low in them.
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Old 11-08-2012, 05:48 PM
 
Location: NY
778 posts, read 998,436 times
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The Cities Where A Paycheck Stretches The Furthest | Newgeography.com

Chicago, Dallas, Houston, Philadelphia, Atlanta to me.

Last edited by Heyooooo; 11-08-2012 at 05:58 PM..
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