A new report from ULI maps out the 'housing plus transportation' costs in all Boston neighborhoods. Turns out living in the heart of the city is cheaper than the outer neighborhoods.
One of the reasons for the cost discrepancy is the greater number of renters in the city, which is cheaper than owning a home. Walkable neighborhoods and good public transit bring the transportation costs down as well.
Elana Schor writes, "Using a method similar to the "H+T" cost index unveiled last month with the support of Obama administration officials, the ULI report calculated how Bostonians' area of residence affected their commuting and housing costs. Overall, the ULI found that the average Boston household spends 54 percent of its annual income, or $34,300, on housing and transportation."
FULL STORY: New Report Puts a Price on Suburbia and Rental Housing in One U.S. City
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Boston Rail Network Sees Significant Increases in Speed After Eliminating ‘Slow Zones’
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The Tesla Cybertruck was recalled seven times last year.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
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