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1 bedroom average rent: $1,214. 2 bedroom average rent: $1,572. Methodology: For this study, GOBankingRates analyzed the average rental cost of major U.S. cities and the cost of living in those ...
1-bedroom average rent: $1,568 2-bedroom average rent: $1,784 Methodology: For this study, GOBankingRates analyzed the average rental cost of major US cities and the cost of living in those cities.
1. Lawton, Oklahoma. Population: 94,017. Average monthly rent: $550. State gas prices: $3.050. State cost of living: $52,805. Unemployment rate: 4.2. Lawton is not quite a suburb of the more ...
A housing affordability index (HAI) is an index that measures housing affordability, usually the degree to which the median person or family in a particular country or region can afford housing/housing-related costs. [1] [2] [3] Housing affordability is one contribution to the cost of living in an area; measured by the cost-of-living index. [3]
To put it another way, the purchasing power of a dollar compared to the U.S. average is $1.13 in Birmingham and $0.79 in San Jose. The net impact of accounting for differences in the purchasing power of a dollar in different MSAs is to narrow the gap in the standard of living between rich and poor cities. [6]
Average rent for two-bedroom apartment as of Dec. 2023: $939 One year overall state percentage change: -1.63% Find Out: A $150K Income Is ‘Lower Middle Class’ In These High-Cost Cities
Metropolitan statistical area Population Per capita income 1 Washington-Arlington-Alexandria, D.C-Virginia-Maryland MSA 5,949,178 $47,411 2 San Jose-Santa Clara-Sunnyvale, California MSA 1,918,944 $40,392 3 Seattle-Tacoma-Bellevue, Washington MSA 3,611,644 $39,322 4 San Francisco-Oakland-Hayward, California MSA 4,122,177 $38,355 5
Lewis Center, Ohio (43035) Annual rent as % of local median household income: 13.71% Editor’s note: Photos are for representational purposes only and might not reflect the exact ZIP codes listed ...
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