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The Bureau of Economic Analysis has calculated that the regional price parity in 2019 of the 50 largest MSAs ranges from 88.3 in Birmingham, Alabama (which has the lowest cost of living of the 50 most populous MSAs) to 126.7 in San Jose, California (the highest cost of living of the 50 most populous MSAs). An income of $0.88 in Birmingham ...
Like counties however, the lowest-income places tended to be located in the Central Valley, and the highest-income places were concentrated in the San Francisco Bay Area. San Francisco is an extreme example of a place in California with both a large population (829,072) and high per capita income ($49,986).
Canton-Massillon, Ohio. Population: 399,474 Unemployment rate: 4.7% Median home listing price: $259,000 Check Out: How Much a Comfortable Retirement Will Cost You in Each State Also See: How Far ...
According to the California Association of Realtors, in May 2007 a median house in San Diego cost $612,370. [45] Growth of real estate prices was not accompanied by comparable growth of household incomes: the housing affordability index (percentage of households that can afford to buy a median-priced house) fell below 20 percent in the early 2000s.
Muncie, Indiana. Average Home Value: $129,695 Average Rent: $926 Median Household Income: $40,309 Population: 65,167. Living in Muncie offers you the chance to buy your house in an area with ...
Methodology: To find 35 cities with low costs of living, GoBankingRates analyzed the 150 largest cities in the United States by population, according to the Census Bureau's 2021 American Community ...
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