4min chapter

Patrick Boyle On Finance cover image

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

Patrick Boyle On Finance

CHAPTER

The Cost of Moving to a New City

Most adults especially those with less education or lower incomes do not venture very far from their hometowns. The median distance that buyers travel to their new homes was 50 miles in 2022 according to data published by the National Association of Realtors. Since the pandemic Americans appear to have widened their house hunt radius moving further and further from their original homes. Despite the fact that American cities are more affordable than other cities around the world, no American city cracks the top 10 of any of the most livable cities lists.

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