Homes are one category where you cannot judge the cost by its cover. Housing prices vary wildly depending on geography — the same chunk of change can buy a 1,000 square-foot condo in one part of the country or a 5,200 spacious home in another area.
The 2009 Coldwell Banker Home Price Comparison Index was released this week, and it's an "apples-to-apples" comparison of the prices around the nation for 2,200-square-foot, four-bedroom, two-and-one-half bath, single-family homes. See a side-by-side cost comparison of the 10 most and least affordable cities below.
|Location||Price||Location||Price||La Jolla, CA||$2,125,000||Grayling, MI||$112,675|
|Beverly Hills, CA||$1,981,750||Akron, OH||$121,885|
|Greenwich, CT||$1,519,250||Fayetteville, NC||$130,875|
|Palo Alto, CA||$1,489,726||Canton, OH||$131,867|
|Santa Monica, CA||$1,460,912||Detroit, MI||$132,000|
See five more comparisons when you read more.
|San Francisco, CA||$1,363,250||Arlington, TX||$138,775|
|Boston, MA||$1,337,578||Macon, GA||$139,007|
|Newport Beach, CA||$1,315,505||Eau Claire, WI||$141,270|
|Palos Verdes, CA||$1,237,041||Port Charlotte, FL||$142,750|
|San Mateo, CA||$1,090,000||Wichita, KS||$144,625|