150_cheapest_places_to_live

Forbes:

We’ve all heard about the wonders of the broadband Web. You can stream video, surf at lightning speeds, search for God-knows-what, get your e-mail in a blink. Here’s what you may not know: It can let you live far richer than you probably live now.

Let me explain: For most of us, our biggest expense is the monthly mortgage payment that buys our house. The median house in America costs $210,000. Let’s put in a new kitchen, redo the bathrooms and place the house in a good school district. Bingo, $300,000. For this money, you’ll get a 2,300-square-foot house on a quarter-acre.

Does $300,000 sound cheap or expensive to you? Depends entirely on where you live, right? You’d say ridiculously cheap if you happen to live in Boston, New York, Washington, the Florida coasts or anywhere in California.

 

Originally posted by Dane Carlson on July 25, 2006 in Ideas.

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