When you reach a certain age, you may think about relocating to another city or even to a different state. It’s natural, after we lived for so many years in one place it’s common to want a change of scene.
However, in today’s economy and living in the United States can prove to be quite expensive, especially when we are talking about the real estate market. Let’s see how expensive exactly it can get by taking a close look at these cities with the highest average home prices in the U.S.:
10. Anchorage, Alaska
Anchorage is a rather small town, with just a little over 200,000 people living in it.
Believe it or not, it’s very expensive to live in Alaska, especially in Anchorage where prices are up to 23% higher than the national average prices. When it comes to housing costs such as rent, mortgages, and so on, the expenses are 34% more than the U.S. average!!!
However, the income of a household is way higher as well, the average stands at more than $80,000 ($60,000 in the U.S.).
9. Portland, Oregon
Over 650,000 people live in Portland.
The situation in Portland is slightly different than the one in Anchorage. Housing costs are higher by 73% more than the national average. The average housing price stands at more than $600,000.