As someone in the midst of an apartment search, I can confirm that living in the larger coastal cities is not cheap. Though you probably already knew that. You may have already fled such locales for more affordable living in the country's expansive inland. If you have, you're not alone.
The New York Times ran a piece this weekend about the fleeing of the young middle class from New York and San Francisco to places like El Paso, Little Rock, and Colorado Springs. In a role reversal since the early 2000s, "Oklahoma City has outpaced most other cities in growth since 2011, becoming the 12th-fastest-growing city last year. It has also won over a coveted demographic, young adults age 25 to 34, going from a net loss of millennials to a net gain."
According to Redfin, the city that's seen the largest growth from 2006 to 2012 is Austin, Texas, which comes as no surprise to those searching for a little bit of hipster cool at a cheaper price. My friend Melissa Massello just wrote about her own move from Boston to Austin, sharing a personal story in this Globe op/ed on being priced out of the local housing market. Yet, as Melissa points out, Austinites are feeling the pinch as their own housing costs rise to meet the newcomers' demands.
Bill Curtis, an Austin resident since the 70s, was quoted in the Times with his solution: He's moving to Oklahoma City.
Read More: Affordable Housing Draws Middle Class to Inland Cities
(Image credits: Ali & Dustin's "Beach House Getaway" in Downtown Denver)