Tidewater Real Estate Blog

September 27th, 2008 6:49 AM
Most Affordable Cities for Owning a Home

The cost of buying and maintaining a home is pretty reasonable if you live in certain Midwestern or Southern cities, according to Forbes magazine's new report.

To determine America's least expensive places to own a home, Forbes used data from the U.S. Census Bureau's 2008 American Community Survey, released Tuesday.

The survey reported the 2007 median monthly housing costs in the country's metro areas with a population over 65,000. Housing costs include monthly mortgage payments, real estate taxes, various insurances, utilities, fuels, mobile home costs and condominium fees.

Here are the top-10 cheapest cities to own a home (for more details on each location, watch the Forbes slideshow):
  1. Cleveland: $978 a month
  2. Columbus, Ohio: $1,060 a month
  3. Pittsburgh: $1,187 a month
  4. San Antonio, Texas: $1,216 a month
  5. Indianapolis: $1,232 a month
  6. Nashville: $1,256 a month
  7. New Orleans: $1,296 a month
  8. St. Louis: $1,299 a month
  9. Charlotte, N.C.: $1,336 a month
  10. Cincinnati: $1,353 a month
Posted by Brad Nichols on September 27th, 2008 6:49 AMPost a Comment (0)

Subscribe to this blog
Recent Posts:
Archive:
My Favorite Blogs:
Sites That Link to This Blog:

Brad Nichols of Rose & Womble Realty 123 S Lynnhaven Rd Virginia Beach, VA 23452-7401
Phone: Fax:

Home Inspection | Curb Appeal List | Insurance Closing Costs | Getting the Highest Price | Free Home Valuation | Pre-Approval | City and School Info | 2010 Buyers Guide | 10 Steps | Favorite Sites | Home Search | MILITARY | Closing Costs | First Time Buyers | Inspection Tips | Glossary | Home | Writing the Offer | Mortgage Shopping | Lender Types | Staying Approved | Seller Paid Closing | 9 Steps to Ownership | Daily Rate Advisory | Real Estate Blog

Copyright © 2012 Brad Nichols of Rose & Womble Realty
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map
All rate, payment, and area information are estimates and approximations only.