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

  • 📰 SFBusinessTimes
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 68%

Business News News

Business Business Latest News,Business Business Headlines

Prices are on the rise everywhere, but some metros are more affordable than others. Here's how we stack up locally.

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 78. in BUSİNESS

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.

Most affordable metros: How San Francisco compares - San Francisco Business TimesAs inflation continues and migratory patterns favor low-cost havens, here's how San Francisco compares to the nation's most affordable metro area.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

Robinhood's 120K-square-foot Denver office space hits sublease market - San Francisco Business TimesIn 2019, Robinhood announced its plans to come to Denver and hire about 800 people. It never moved into its new office.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

Coinbases's Brian Armstrong cites S.F. 'techlash' as reason for move to L.A. - San Francisco Business TimesThe crypto exchange ditched its S.F. office this year and now we know the reason why.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

Madison Park will move forward with Golden Gate Plaza in downtown Lafayette - San Francisco Business TimesA new project poised to start in Lafayette would be one of the city's first new construction rental projects in decades.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

How to recruit and retain Gen Z: Diversity is mission critical - San Francisco Business TimesGen Z is the most diverse generation to enter the American workforce, but experts say that's just one of the reasons it's a pivotal ingredient for recruiting, retaining and connecting with Gen Z.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »