Most affordable metros: How San Francisco compares - San Francisco Business Times

When it comes to the most affordable regions in the United States, San Francisco ranks — wait for it — dead last.analysis of the latest data from the Bureau of Economic Analysis' Regional Price Parity Index. The index shows how costs compare in a metro compared to the national baseline of 100. That means a metro with an index of 90 would be 10% more affordable than the national average, for example.

The San Francisco-Oakland-Berkeley statistical area had an overall score of 117.37 in 2020, making it the 100th least affordable. The San Jose-Sunnyvale-Santa Clara area was fifth-least affordable with a score of 112.12. The San Diego and Los Angeles areas were also among the 10 least affordable.McAllen, Texas, topped the list as the most affordable place among the nation's 100 largest metro areas. Its overall regional price parity index score was 88.5.

Coastal cities dominated the list of least affordable large metros, with San Francisco and New York City leading the way.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Databricks recommits to S.F. headquarters in SoMa - San Francisco Business TimesThe lease renewal represents a small gain for San Francisco, where office vacancy has risen to close to 25% in recent months.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

12 Bay Area startups, including Astera Labs, raise $300M total in funding - San Francisco Business TimesThe Bay Area saw a flurry of venture deals at the end of the last pre-Thanksgiving week of the year.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

Remote work is likely to be a target during the recession - San Francisco Business TimesTwitter's Elon Musk ended remote work as he warned of difficult times ahead. More executives are likely to follow his lead, but experts warn the move could backfire. Here's why.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

Where California ranks among the top states for legal cannabis sales - San Francisco Business TimesU.S. cannabis sales hit an estimated $21 billion in 2021. Here's how those dollars shook out state by state.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »