Sometimes you can achieve a major lifestyle upgrade – or downgrade – just by moving. The same salary can mean a life of poverty in one area, and living in the lap of luxury in another.. You just have to know where to live.
Take real estate, for example. In Princeton, New Jersey $350,000 won’t even get you a townhouse. In other parts of the country you can do quite nicely. Let’s take a look at what $350,000 will get you across the U.S.
Princeton, New Jersey – Princeton isn’t known for its cheap real estate. If you want a few bedrooms and a couple of baths, you’re looking to spend at least $1 million. For $350,000 however, you can own a cozy townhouse complete with 3.5 beds and 2.5 baths. There’s a pool and tennis courts in the community so you can expect to pay an annual maintenance fee as well. Property taxes are high in Princeton but then it hosts the best schools in the country.
In New York City, $350,000 will get you a one bed, one bath apartment on the Upper West Side. The apartment boasts 836 square feet and four rooms.
Head West and North to Lapeer, Mi and you’ll find you can live pretty good for $350,000. This 2,700 square foot, 3 bed, 2.5 bath McMansion offers golf course views from your large brick patio.
Lawrence, Kansas – This aint no little house on the prairie. In Lawrence, Kansas you can purchase an open and airy contemporary with golf course views for your $350,000. The property only boasts a half acre but how much land do you need when inside you have a spacious 3032 square feet.
Montgomery, Alabama – You get more bang for your buck down South. This spacious four bed, three bath home can found for the same price as a small New York City apartment. There’s no basement, but you’ll get a fireplace and some hardwood floors.
Chicago, Illinois – Things are bit more pricey in the windy city. Here $350,000 will buy you a 1 bed 1 bath condo. We’re talking four rooms including a kitchen/dining room condo, and hardwood floors.
Billings, Montana – For $350,000 one can buy a charming ranch in Billings. 3 beds, 3 baths and not quite an acre, but the fireplace and hardwood floors make up for the lack of acreage.
Napa, California – If you want to do live the good life in Napa, you’ll to pay. Still for $350,000 you can live in a quaint 2 bedroom, .15 acre ranch. So you get no land, a small price to pay for wine country.
Las Vegas, NV – You can get a nice house in Las Vegas for $350,000. This 4 year old house ranch sits on a little less than a quarter acre. 4 beds, 3 baths, hot tub and gorgeous patio, you get a lot of house for the same price as a condo in Chicago.
El Paso, TX – This beautiful historic home features five beds, a bath and a half, and hardwood floors throughout You could probably get this same house for close to a million in Princeton, New Jersey or Cambridge, Massachusetts.