3min chapter

Patrick Boyle On Finance cover image

Million Dollar Homes - Where Should "How Money Works" Live?

Patrick Boyle On Finance

CHAPTER

The Cost of Living in America

The average American home trades at 4 times the average household income. Californians earn 26% more than Texans but they pay, on average, $743,000 for a home. Texas homes are much bigger than Californian homes and spaced out from each other too. For the same budget, you'll get a home 5 times as big in Texas as you'll get for your money in California.

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