How Many Hours Americans Need to Work to Afford a Home

Jeff Desjardins :

When it comes to the cost of living in cities, a general rule of thumb is that housing prices are much higher in the country’s economic and population hubs, especially in the cities along the coasts.

Particularly in recent years, prices have been pushed sky-high in places like New York City or San Francisco through a combination of limited supply of new homes, increasing demand, shifting demographics, and government regulations.

Locally, Madison tax and spending grows annually, with schools spending nearly $20,000 per student during the 2017-2018 year.