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A Tale of Two Cities

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A nice home in a good suburb of St. Louis, priced at $169,900:

 

MO_home

 

A roughly comparable home in a good suburb of Baltimore (our area), priced at ...  $364,900:

 

MD_home

 

While for time-saving I didn't go toe-to-toe with the match, the houses are probably pretty indicative of the differences between the two areas (I understand it's about a 40% price difference).  Not only are homes here more expensive, but it seems a better quality can be gotten for the more reasonable price, in many circumstances. Wages are supposed to be about 5-10% less in MO.

 

What can be bought for near $170k?   Not very much.  Here's one in our area ( less-nice neighborhood than the previous house)  in much need of a rehab for $170,000:

 

MD_home2

 

That's pretty-much  the basement on home prices in our area.  

There's also a two bedroom, one bath for the low, low price of $175,000

Comments

So, would moving to the

So, would moving to the midwest be like winning the lottery? 

Sara's loss in job wages would probably be offset by my gain from cost of living (I get paid the same no matter where I live), presuming the job market is there.

 

Of course, there are other factors involved ... but it's tempting.  

I concur! You should move

I concur! You should move to the Midwest post-haste. :)

 

It is pretty crazy that house prices can differ by so much...

The first house shown looks

The first house shown looks a lot like the layout we have at our place.  You should get online and pick out some houses you want to see when you all come over for Christmas.  And email Tina and let her know so she can have those all lined out for you all.

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