Just because the city is expensive doesn't mean it's cheaper to live in the suburbs
Perhaps you've had a similar conversation with your significant other, or discussed it with friends over brunch. The costs associated with living in the city can be stifling:It's easy to focus on the high expenses, but living in the city also helps your finances in other areas: There are jobs nearby, transportation is easy and cheap, and lawn care is a non-issue. Depending on where you live, suburban property taxes can be a budget drain as well.
Below are examples of expenses that will change when you move out of the city. Ask yourself the following questions, and compare your answers closely to your budget today.How much can you put toward a down payment while maintaining an emergency fund as well? Can you afford the mortgage payments, utilities, insurance, and homeowners association fees?
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