Is It Cheaper to Live in the City or the Suburbs?

Is it cheaper to be a city dweller or a suburbanite? When it comes to real estate, the obvious answer is that, yes, it’s probably much cheaper to buy a home or rent in the suburbs. (Thank you, next!)

But, wait just a second! When you start factoring in other costs of living, or you hone in on some housing markets, you may be surprised to find that in some cases, living in the ‘burbs can be more expensive than city life.

Here are some financial factors to consider when it comes to the cities versus suburbs debate:

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