Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Just found this interesting and wanted to share. Fairfield County has the highest COL of any metro area in the USA, but also high income. No surprise there.
Fairfield County has the highest cost of living in the country, at 122.3, but the average resident there has an income that far eclipses those costs.
What surprised me was that Hartford has only slightly above average COL, yet the income there far exceeds the national average.
Metro Hartford, which is Middlesex, Tolland and Hartford counties, is barely more costly than the nation as a whole. If the cost of living in the United States is at 100, we’re at 100.9, the BEA says.
...adjusted for inflation and cost of living, [Hartford metro income] is 27 percent higher than the national figure.
I saw this too this morning. I don't think the Fairfield County part surprises many. Housing costs there are so high overall and that tricles down to all levels of life. Hartford though is the big secret. People do not realize how affluent the metropolitain area is and yet housing prices and the cost to live here are so reasonable. It does make for a very high quality of life. Jay
While we are expensive- Manhattan has us beat by a wide margin. Westchester too. Unfortunately they are lumped in the metro area of 16 million while ffc is standalone. Flawed science unfortunately.
While we are expensive- Manhattan has us beat by a wide margin. Westchester too. Unfortunately they are lumped in the metro area of 16 million while ffc is standalone. Flawed science unfortunately.
While we are expensive- Manhattan has us beat by a wide margin. Westchester too. Unfortunately they are lumped in the metro area of 16 million while ffc is standalone. Flawed science unfortunately.
Still, Bridgeport/Shelton/Stratford/Monroe/Danbury/Bethel/Newtown/Brookfield brings the average down for COL in FFC. Those places are relatively reasonable. If it was just counting the Norwalk/Stamford area, the numbers would be insane.
Also, Manhattan is an extremely dense mega city - apples to oranges comparison. And San Francisco even beats Manhattan by a bit these days.
Still, Bridgeport/Shelton/Stratford/Monroe/Danbury/Bethel/Newtown/Brookfield brings the average down for COL in FFC. Those places are relatively reasonable. If it was just counting the Norwalk/Stamford area, the numbers would be insane.
Or you can say that lower Fairfield County brings it UP.
Quote:
Originally Posted by Stylo
Also, Manhattan is an extremely dense mega city - apples to oranges comparison. And San Francisco even beats Manhattan by a bit these days.
A friend of mine who just moved to San Francisco from lower Manhattan said just the opposite.
A friend of mine who just moved to San Francisco from lower Manhattan said just the opposite.
SF has the highest rents in the country right now. When did your friend move? Prices literally doubled in places in SF in the past 2 years with the tech activity that's going on there right now. A friend's apartment that was $1300 jumped up to $2200 in Haight Asbury. If your friend moved to a cheaper area of SF after coming from lower Manhattan, maybe that would explain it. Apples to apples, SF is edging Manhattan at the moment.
Sf is not even close to manhattan. 2200 rent is about 1000 below a studio in most nneighborhoods.perhaps san fran is appreciating nore quickly but is not more expensive.
Sf is not even close to manhattan. 2200 rent is about 1000 below a studio in most nneighborhoods.perhaps san fran is appreciating nore quickly but is not more expensive.
That's $2200 for a tiny studio in Haight Asbury, which is SF's equivalent to the Lower East Side.
Unfortunately we are comparing manhattan to san fran not nyc to san fran. flawed comparo. Cost of living is much higher in nyc. Period, full stop. Multiple sources confirm- rents and home prices are 30-40% higher in manhattan.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
