A study recently done on a national scale revealed that many may be justifying lower home costs while unknowingly paying more in living expenses by choosing suburban homes. Commute costs, grocery costs factors in wrong thinking.
Some Las Vegas home buyers believe that living within the valley is too expensive when it comes to the prices of homes. They shop around for the right real estate deal and then hear about a place like Pahrump or other communities with lower housing costs. They purchase a home and begin commuting to Las Vegas for their work and household needs. What they may have miscalculated is the costs and time associated with the long commute.
Essencially, they end up with higher living expenses and a tighter budget. The solution is to determine your overall costs when deciding on a place to live. Take into account primarily the new costs involved in travel. Investigate the expenses of vehicle wear and tear as well as the added gasoline costs.
In the end, you will have good feel for what you are up against and be able to make a great decision. Happy house hunting!
