Monday, 18 April 2011

Mortgage Comparison: USA: Los Angeles vs USA: New York City!

And heres today's daily fix of mortgage comparisons! This special edition focusing on the two biggest city's in the USA ;D

Now here we have the USA, the city of Los Angeles!,
Los Angeles is the most populous city in California and the second most populous in the United States, after New York City, with a population of 3.8 million, on a land area of 498.3 square miles (1,290.6 km2). It is the focal point of the larger Los Angeles-Long Beach-Riverside combined statistical area, which contains nearly 17.8 million people and which is one of the most populous metropolitan areas in the world. Los Angeles is also the seat of Los Angeles County, the most populated and one of the most multicultural counties in the United States. The city's inhabitants are referred to as "Angelenos"

Average House Price: $300,000
Average Mortgage:  $345,000


VS 


And here we have the USA again, the city of New York!
New York is the most populous city in the United States and the center of the New York metropolitan area, which is one of the most populous metropolitan areas in the world. New York City has a significant impact on global commerce, finance, media, culture, art, fashion, research, education, and entertainment. As host of the United Nations Headquarters, it is also an important center for international affairs. The city is often referred to as New York City or the City of New York, to distinguish it from the state of New York, of which it is a part.


Average House Price: $350,000
Average Mortgage:  $392,200

So theres the facts guys, mortgage prices for both city's are very similar, with new york being slightly more expensive, but not by much. Where would you prefer to live? ;D

37 comments:

  1. Its my dream to live in NY so there. LA got no chacne baby

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  2. I knew New York would be more expensive, it is like the business hub of North America

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  3. I think that's even more reason to live in the city of angels!

    Interesting blog mate, I'm following :) and thanks for the kind words on my blog

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  4. Los Angeles, people in NYC are rather stand-off ish

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  5. I think I'd prefer to live in New York out of those two. However the big cities of America don't really interest me much for living.

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  6. I would prefer to live in New York! :)

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  7. I'd rather live in New York, just because it is the biggest city in USA

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  8. i would have thought new york would be much more expensive.

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  9. I rather live in New York because I like cold weather and the city life :D

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  10. I think I'd pick LA, but not really cuz of the price. I've always wanted to visit.

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  11. If New York, then Manhattan.
    Otherwise, California =)

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  12. Both are far too expensive for me, I'm afraid.

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  13. I wonder how rents compare.

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  14. I hate NYC... so not there :)

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  15. wow thats really cool, i had no idea the prices were like that! thanks for the info!

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  16. I don't like LA, and never been to NY. But NY lacks the Southern California weather, so it would have to be LA...

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  17. I love the west coast, but used to live in NYC, so would pick NYC.

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  18. very informal post
    i also like the layout of your blog very much
    keep it up

    followed!

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  19. Now show one for Switzerland vs XYZ

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  20. Hands down newyork, the culture there is a blend of well every part of the world, who wouldnt be a part of that?

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  21. i live in nyc right now, will probably have a place in la in the future

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  22. This is a hard choice for me, I live in the OC, and I don't like the weather here that much. Sometimes is too hot or too cold. I haven't been to NYC yet, so I'm still sticking with LA.

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  23. Great comparison! That's a tough one, but I stay with LA because of the beaches. I surf every week.

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  24. I'm not really interested in living on either coast, I'll take Chicago.

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  25. Los Angeles is cheaper? Huh.

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  26. Too crowded, both of them! Give me a little bit of space and open sky!

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  27. i would prefer NY! i live in michigan so i gotta vote for east coast hahh, but... LA has the amazing beaches and alot warmer! so maybe LA! agh, tough choice...

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  28. Um, Id have to go with New York... Think its more culturally divers!

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  29. For that price I'd buy myself a mansion in CT and just drive to NYC every day, or even take a train.

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  30. rather live in LA atleast you get nice weather

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