Tag Archives: cost of living

What Percentage of Your Income Should Go Towards Paying Apartment Rent?

Income to Rent ratio

In the New York City apartment rental market, what is the appropriate rent/income ratio that is required to be paid by individuals seeking shelter?  Sadly if you’re a renter and gladly if you’re the building owner, market conditions mandate that many in NYC are paying 50% or more of their income for an apartment… And not for […]

Why More People Leave New York, New Jersey, Illinois And Connecticut Than Arrive!

taxes

The citizens of the United States have the right to live in any state that they choose! So why is it that in these four population outflows outweigh inflows? Quality of life factors, job opportunity’s and cost of living are certainly serious factors in the living location decision-making process, with taxes being a major component […]

Apartment Rents: What Goes Up, Must Come Down!

housing affordability

It’s certainly no secret that in many of the nations housing markets the price to rent an apartment has been going in one direction…up! But, as the famous phrase about gravity suggests, what goes up must eventually come down. After all whether it was tulips during the 1600’s, technology stocks during the late 1990’s or […]

Top 10 Most Expensive U.S. Cities To Raise A Family

This Top 10 list is presented for those of us who think that their cost of living has gotten completely out of control! After reading the list some might feel a little bit better knowing that their hometown is not present while others will have confirmation of a fact they have always known or at the very […]

If You Want To Earn An Upper Middle Class Income*, Become A Pharmacist! (Video)

According to The Economist, the safest route to the upper middle class is studying to become a pharmacist! Based on data from The Economist’s first-ever study of the best institutions of higher learning, becoming a pharmacist at one of the three specialty colleges mentioned below (colleges that were excluded from the final report for reasons that will be […]

FCI: The cost of a day at the ballpark for a family of four!

With the NFL season opener right around the corner and the MLB season in full swing, thoughts naturally move to the cost of the stadium experience for a family of four! New information that’s also bringing to mind the cost to experience a game live at the stadium versus in the comfort of a friends […]

New York State is #1 but the category is not good! (Map)

title insurance New York,New York City,Long Island

New York State is #1 in the nation for income tax collections per capita! Every US state would like to be known as the #1 best state for a variety of categories including such things as tourism and quality of life. But New York State has the ‘honor’ of being #1 in a category that no other […]

Rents are consuming a higher percentage of peoples income! (Interactive Charts)

title insurance, New York,New York City,Long Island,Michael Haltman

Follow @Hallmark Abstract Service Also at the Hallmark Abstract Service blog in time for the NBA playoffs: ‘NBA Chart: Playoff/Regular Season ticket price comparison!‘ And in some locations the percentage of household income going to paying rent can be close to 50%! On an historical basis the median household has typically spent in the range […]