According to a recent study by Forbes Magazine, three of the most affordable cities are in Texas: San Antonio, Houston and Austin. The study evaluated communities with populations of 100,000 or more. It evaluated the cost of living, the job market and the average cost of groceries, health care and transportation. The study was published before today's NY Times editorial by Paul Krugman, The Texas Omen which relates that Texas is facing enormous deficits. That of course could change the affordability indexes of the state and those cities as taxes and other costs will more than likely rise..
Other cities that made the top ten list include Oklahoma City, Pittsburgh, Buffalo and Rochester NY, as well as Nashville,Louisville and Birmingham.
If you are considering retiring to these or another US city it's a good idea to take a trip and check out the area. You do want to make sure you like the area and the climate suits you, just to mention a few of the considerations before making a move. It's also be a good idea to talk to a local realtor (r) while you are there. They know the neighborhoods and the amenities, distances to downtown, shopping and libraries and are a great resource prior to your final decision to sell at home, and relocate. Call or email me before you travel, and I'll introduce you to a thorough and reliable realtor where you plan to visit.
Originally published at Alexsandra Stewart, Portland Oregon Real Estate Blog
Comments (6)Subscribe to CommentsComment