Comments on: Most Expensive City – No Surprise http://www.consumerismcommentary.com/2005/10/19/most-expensive-city-no-surprise/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sat, 21 Nov 2009 16:42:00 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: thc http://www.consumerismcommentary.com/2005/10/19/most-expensive-city-no-surprise/#comment-1061 thc Thu, 20 Oct 2005 05:43:45 +0000 http://wp.consumerismcommentary.com/?p=567#comment-1061 Gee, I sure feel better now. I'm saving over $12,000 per year by living in the Bay Area vs. liiving in NYC! Gee, I sure feel better now. I’m saving over $12,000 per year by living in the Bay Area vs. liiving in NYC!

]]> By: Caitlin http://www.consumerismcommentary.com/2005/10/19/most-expensive-city-no-surprise/#comment-1060 Caitlin Thu, 20 Oct 2005 02:07:57 +0000 http://wp.consumerismcommentary.com/?p=567#comment-1060 Hm. I am suspect if Boston comes out as cheaper than DC...no way. Hm. I am suspect if Boston comes out as cheaper than DC…no way.

]]> By: Flexo http://www.consumerismcommentary.com/2005/10/19/most-expensive-city-no-surprise/#comment-1059 Flexo Wed, 19 Oct 2005 21:23:53 +0000 http://wp.consumerismcommentary.com/?p=567#comment-1059 I thought the same thing at first, but the cost of owning two cars isn't considered in cities where it's not practical, like Manhattan. The cost of mass transit is factored in instead. I think the "$60,000 annual salary" is just to compare similar expenses across cities, not to really determine what an average family will actually spend. It's kind of a weird way to come up with the results, but that's just for consistency. Definitely not one of the most accurate surveys, but it's an interesting analysis and the ranking's probably correct, even if the numbers seem odd. I thought the same thing at first, but the cost of owning two cars isn’t considered in cities where it’s not practical, like Manhattan. The cost of mass transit is factored in instead. I think the “$60,000 annual salary” is just to compare similar expenses across cities, not to really determine what an average family will actually spend.

It’s kind of a weird way to come up with the results, but that’s just for consistency. Definitely not one of the most accurate surveys, but it’s an interesting analysis and the ranking’s probably correct, even if the numbers seem odd.

]]> By: maribeth http://www.consumerismcommentary.com/2005/10/19/most-expensive-city-no-surprise/#comment-1058 maribeth Wed, 19 Oct 2005 21:11:19 +0000 http://wp.consumerismcommentary.com/?p=567#comment-1058 But, if you live in Manhattan, you probably rent a place, not own it, and you probably don't have a car because you don't need it. So this report is ridiculous. But, if you live in Manhattan, you probably rent a place, not own it, and you probably don’t have a car because you don’t need it. So this report is ridiculous.

]]>