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Why City Living Actually Costs Less

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New geo-coded data from the Center for Neighborhood Technology on housing and transportation costs further affirms that living in dense, livable communities is economical.  According to an article on Atlantic Cities, from 2000-2009, housing and transportation costs increased at nearly twice the rate of incomes for the average American. Yet, for those in housing efficient locations, transportation costs only increased by half. Additionally, the data shows that when including transportation in the analysis of affordable housing, the percentage of neighborhoods considered “affordable” drops from 76 percent to 28 percent. When considering this data, which has far reaching policy implications, more expensive housing in city centers may actually be the more affordable option.


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