Hidden Costs Of Urban Living

5 July 2001 - 11:00am

Microsoft's Money Central looks at the hidden costs of living in a big city and asks, from an economic standpoint, is it worth it?

"Living in New York or San Francisco can be exciting, but how much are you paying for your urban thrills? There are cheaper ways of having it all -- at least part of the time... If it's cultural opportunities, how often do you really take advantage of them? Are you paying $60 a ticket for the symphony PLUS an extra $50,000 a year in higher living costs just to hear live music five times a year? For that kind of money, you could fly in every couple of months and make a weekend of it."

Source: Microsoft Money Central, July 5, 2001
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It's all too easy for projects to claim that they will be successful places, and all too hard to tell ahead of time which ones actually will.