Snapshot: As of September 18, the Federal Reserve cut interest rates by .5%. Although consumers shopping for a mortgage may not see rates come down within the year, people shopping for auto loans or paying off credit card debt may see interest rates come down faster.
On September 18, 2024, the Federal Reserve announced that it was cutting interest rates by .5%. This is the first time the Fed has lowered interest rates since 2020. During that time, the Fed has been raising interest rates to keep inflation in check and prevent a recession.
Although half a percentage point may not seem like a huge cut, it is expected to have an impact and the Fed has indicated that more cuts may be coming later on.
What happens when the Federal Reserve cuts interest rates
In a nutshell, when the Federal Reserve cuts interest rates, it makes it cheaper to borrow money. Here’s how that can directly affect you:
Lower Borrowing Costs: Banks can borrow money from the Fed at a lower cost, and they often pass those savings on to consumers. This means loans for things like cars, homes, or credit cards can have lower interest rates.
Encourages Spending: When borrowing is cheaper, people are more likely to take out loans and spend money. This can help boost the economy because businesses benefit from increased sales.
Investment Boost: Lower rates can also encourage businesses to invest in new projects since financing is cheaper. This can lead to more jobs and economic growth.
Impact on Savings: On the flip side, lower rates can mean less interest earned on savings accounts, which might discourage people from saving money.
So, in short, when the Fed cuts interest rates, it’s aimed at stimulating the economy by making borrowing cheaper and encouraging spending and investment.
Will interest rates keep dropping?
It looks like rates will continue to drop: members of the Federal Reserve’s rate setting committee have said that they expect to see interest rates come down another half a percentage point in 2024 and then another full point in 2025.
How will this affect my debt?
The decrease in interest rates is most likely to have an immediate effect on APR – annual percentage rate. If you’re looking to take out an auto loan or a credit card, APR is what determines the interest on those lines of credit.
If you already have a car loan, this probably won’t affect you. Generally, the APR on a fixed-rate car loan does not change after you take out the loan. It remains constant for the duration of the loan term. However, if you have a variable-rate loan, the APR could change based on market conditions or specific terms outlined in your loan agreement.
If you already have a credit card, it is possible for the interest rates (APR) on your credit card to change even after you get the card. Many credit cards have variable interest rates that can fluctuate based on changes in the prime rate or other benchmarks. Check your card’s terms and conditions to understand how and when rates might change
Will the rate cut help mortgage rates?
Although the rate cut may not affect mortgage rates immediately, it might have more of an impact later on. As it is, mortgage rates have already shown signs of decreasing even before the Fed announced it was making cuts, dropping to an average of less than 6.05%.
If you’re thinking about buying a home, applying for an auto loan or getting a new credit card, lower interest rates could mean this is a better time than before. Before you apply for anything, make sure you check your credit to make sure that you’re ready to qualify for the best interest rates possible.
You can see your FICO score and a free summary of your credit profile with our Credit Snapshot tool.
Fiji is a true Pacific paradise with two main islands and several smaller islands with stunning scenery and resorts large and small.
As the country’s tourism numbers grow, so do the number of international hotel brands with popular loyalty programs. This means vacationers (or those looking to work remotely in the tropical breeze) have plenty of options.
Most of the familiar resort brands are in the Denarau area, which is about 20 minutes from Nadi International Airport, although there are others. If you’re looking for a great option for a trip to Fiji, a destination whose motto is “Where happiness comes naturally,” here are some of the best hotels in Fiji to consider.
ALL – Accor Live Limitless
ALL – Accor Live Limitless is the loyalty program from the Accor brand, which offers the chance to earn points during a stay or redeem them for cash discounts. Accor has some of the best hotels in Nadi, Fiji, like the Novotel Nadi near the airport and Mercure Nadi, which are budget options without direct beach access.
Sofitel Fiji Resort & Spa
(Photo courtesy of Accor)
Sofitel is an upscale and luxury brand from Accor that leans into its French heritage and is one of the best hotels in Fiji. Its properties around the world offer French cuisine, style and even a French welcome of “bonjour.”
The Sofitel Fiji Resort & Spa enjoys a beachfront location, an enormous swimming pool, family activities with an organized kids club and teenage club, a nightclub and a beachfront seafood restaurant.
Because of the way ALL points are redeemed, there is no award chart for redemptions. Instead, members use their points to reduce the cost of their overall bill by about $45 (40 euros) for each 2,000 points redeemed.
Hilton Honors
With two resorts to choose from, Hilton Honors members can select between a property in the Denarau area or on Sonaisali Island. Coming soon is another of Hilton’s many brands when a Hilton Garden Inn eventually opens in the capital city of Suva.
Hilton Fiji Beach Resort and Spa
(Photo courtesy of Hilton)
This Denerau property enjoys seven swimming pools, a kids club and a private stretch of beach. Nearby shopping and dining make this a popular location for tourists. Hilton Honors uses a dynamic pricing model, which means the cost in points can vary depending on the room type and date.
On the random dates we checked, the average price for an award stay was 55,000 points.
DoubleTree Resort by Hilton Hotel Fiji – Sonaisali Island
(Photo courtesy of Hilton)
The DoubleTree Resort by Hilton Hotel Fiji – Sonaisali Island overlooks the Mamanuca Islands and is about 25 minutes from the international airport. To reach the resort, a three-minute boat ride takes guests from the main island of Viti Levu to Sonaisali Island.
While the rate for a redemption night at this resort varies by date, on average, it is around 40,000 points per night.
And of course, all arrivals receive the famous DoubleTree by Hilton cookie as a special bonus.
IHG One Rewards
IHG has several properties in Fiji representing several of its brands. In addition to two resorts near Nadi, there are two hotels in the capital city of Suva. A Six Senses is also coming to the country soon, representing IHG’s luxury resort partnership.
Crowne Plaza Fiji Nadi Bay Resort & Spa
(Photo courtesy of IHG)
The Crowne Plaza Fiji Nadi Bay Resort & Spa on Wailoaloa Beach counts seven swimming pools among its roster of amenities, including one dedicated exclusively for adults and another with a swim-up bar. Some of the resort’s two-bedroom suites also have direct pool and beach access from the guest room.
Since IHG uses dynamic pricing for its award redemptions, the cost in points will vary based on the dates of your stay. On the random dates we checked, a one-night standard room redemption started at 44,000 points.
InterContinental Fiji Golf Resort & Spa
(Photo courtesy of IHG)
InterContinental Fiji Golf Resort & Spa is another option for earning and redeeming those valuable IHG One Rewards points. Its 35 acres lie along Natadola Beach, which is protected by a natural reef that gives the water an incredible blue color.
IHG One Rewards uses a dynamic pricing model for award redemptions, and on the random sampling of dates we checked, the rate was between 47,000 and 51,000 points per night.
Marriott Bonvoy
The Marriott Bonvoy program has many properties in Fiji. All of them are on the main island with the exception of Sheraton Resort & Spa, Tokoriki Island, which is only partially open because of renovations. Westin Denarau Island Resort & Spa is closed for updates with plans to open in 2025.
Sheraton Fiji Golf & Beach Resort
(Photo courtesy of Sheraton)
Sheraton Fiji Golf & Beach Resort is one of the major players along Denarau Beach, and its impressive convention facilities keep its various wings busy with group business. Beachfront swimming pools, including one reserved for adults, have a beautiful view, and the resort recently added beachfront cabanas. The various grass lawns between the accommodation buildings also have lounge chairs for those seeking extra privacy.
Marriott Bonvoy uses dynamic pricing, and the cost of a room night will vary based on the date. For example, a one-night redemption on the dates we checked cost 46,000 points.
Fiji Marriott Resort Momi Bay
(Photo courtesy of Marriott)
Perhaps the darling for Marriott Bonvoy in Fiji is Fiji Marriott Resort Momi Bay, which is the only resort on the mainland to offer overwater villas. These are in a lagoon, which makes them a little different from what you might find in the Maldives, for example, which are in the open ocean.
On the dates we checked, a standard room went for 44,000 points, based on Marriott’s dynamic pricing model.
Radisson Rewards
Fans of Radisson will find its branding in Denarau, but a second property will open when the Radisson Blu Mirage Resort, Fiji Naisoso Island, opens in 2026.
Radisson Blu Resort, Fiji Denarau Island
(Photo courtesy of Radisson Blu)
The Radisson Blu Resort, Fiji Denarau Island is spread across 10 acres with a private beach, sprawling pools, towering palm trees and waterfalls. Families will love the kids club plus four pools, one of which has a whitewater tunnel slide.
Radisson Rewards uses a dynamic pricing model that determines the number of points based on the room rate. On the dates we checked, the average number of points for a one-night redemption was about 132,000 per night.
World of Hyatt
Hyatt’s acquisition of Mr & Mrs Smith brings a new country to its destination list. There are three properties that participate in the partnership and give World of Hyatt members a chance to earn and redeem points.
Royal Davui Island Resort Fiji
(Photo courtesy of Hyatt)
This adult-only all-inclusive resort is on a private island with only 16 suites in individual villas, each with private terraces and whirlpool tubs.
World of Hyatt is alone in that it still uses an award chart to price redemptions, but Mr & Mrs Smith properties use dynamic pricing. This means you won’t be able to score a super-high-value redemption since you will be paying in points a rate that is tied to the cash rate.
Credit cards for booking stays in Fiji
If you want to bank a bunch of points quickly to get you to Fiji sooner rather than later, consider opening a credit card that earns points you can redeem at the properties you’re interested in. Here are a few options:
Hilton Honors American Express Card
IHG One Rewards Premier Credit Card
on Chase’s website
Marriott Bonvoy Bountiful™ Card
World of Hyatt Credit Card
on Chase’s website
Annual fee
Welcome offer
Earn 100,000 Hilton Honors Bonus Points after you spend $2,000 in purchases on the Card in the first 6 months of Card Membership. Offer ends 1/8/2025. Terms Apply.
Earn 140,000 Bonus Points after spending $3,000 on purchases in the first 3 months from account opening.
Earn 85,000 Bonus Points after you spend $4,000 in purchases in your first 3 months from your account opening.
Earn up to 60,000 Bonus Points. Earn 30,000 Bonus Points after you spend $3,000 on purchases in your first 3 months from account opening. Plus, up to 30,000 More Bonus Points by earning 2 Bonus Points total per $1 spent in the first 6 months from account opening on purchases that normally earn 1 Bonus Point, on up to $15,000 spent.
Still not sure?
Terms apply.
How to use miles to get to Fiji
While no U.S. carrier flies to Fiji, you can get to the best luxury hotels in Fiji via its national airline, Fiji Airways, which flies to Los Angeles, San Francisco and Honolulu with plans to add Dallas/Fort Worth soon.
The airline will soon use American AAdvantage as its loyalty program. This means members will be able to earn and redeem American miles as well as Loyalty Points and elite status when flying Fiji Airways. For example, a one-way flight in business class from the U.S. to Fiji costs 80,000 miles using AAdvantage miles. Once in Fiji, you can also use miles to connect to other islands or regions of the South Pacific.
To view rates and fees of the Hilton Honors American Express Card, see this page.
Do you want to get paid to give advice? A few years ago, I never would have thought that giving advice could turn into a way to make extra money. But after starting my website and sharing what I knew about personal finance, I quickly realized that I could make extra income. It’s amazing how…
Do you want to get paid to give advice?
A few years ago, I never would have thought that giving advice could turn into a way to make extra money. But after starting my website and sharing what I knew about personal finance, I quickly realized that I could make extra income.
It’s amazing how your skills, whether they’re in medicine, cars, law, tech, relationships, or anything else, can become a profitable business. I love helping others and, at the same time, earning money from what I enjoy!
In this article, I’ll go over:
Ways to get paid to give advice
Type of professionals that get paid to give advice
How to get paid giving advice online
How To Get Paid To Give Advice
Here’s a list of 16 ways to get paid to give advice.
1. JustAnswer
JustAnswer is a site that pays people to give advice and answer questions in different fields such as legal, tech, medical, veterinary, antique appraisers, and more.
If you’re an expert in a field that people usually have questions in, you can monetize your expertise on JustAnswer by sharing your expert opinion.
You may be wondering what kind of questions are asked on JustAnswer. Here are a few examples:
How much is my antique worth?
How can I lower my business taxes this year?
What can I do if a sinus infection won’t go away?
How do I fix my car’s alternator?
To get started on JustAnswer, you need to go through an application process (with a background check) and get verified that you’re an expert by providing proof of qualifications like degrees, certifications, or other relevant experience.
Recommended reading: 21 Ways To Get Paid To Answer Questions
2. Start a blog
I run a personal finance blog and share advice all the time (and I get paid for it!). Starting a blog is one of the best ways to share your expertise while creating a reliable source of income.
Sharing your expertise and knowledge with a blog is a great way to diversify your income. You can make money blogging by:
Affiliate marketing (where you get a commission when people make purchases through your links)
Advertising revenue
Sponsored content
Selling services like coaching
Selling products like books or courses
One of the keys to successful blogging is choosing a niche or topic that you’re both passionate about and that has an audience who wants to learn more.
Here are some popular blog niches you can try, depending on your expertise:
Education and career – If you have experience in teaching or career coaching, this niche can focus on helping others with their career goals, job interviews, or study techniques.
Personal finance – Share tips on budgeting, saving, investing, and side hustles. Many people are looking for ways to improve their finances.
Health – Topics like fitness, nutrition, mental health, and self-care are helpful.
Travel – If you love traveling, you can start a travel blog, sharing tips on budget travel, destination guides, family travel, or even remote work opportunities.
Parenting – This niche covers a wide range of topics, from newborn care and toddler tips to advice for teenagers. You can also write about balancing parenting and work or homeschooling.
DIY and crafts – Whether it’s home improvement, crafting, or upcycling projects, this niche is popular among creative individuals looking for inspiration and guidance.
Lifestyle – A lifestyle blog covers several areas like home decor, fashion, personal growth, and productivity.
Tech – If you’re knowledgeable about tech, you can give advice on the latest gadgets, software, app reviews, and even tutorials for beginners.
Beauty – This is a highly popular niche where you can share makeup tips, skincare routines, and product reviews.
Relationships – Help readers improve their relationships or personal growth by sharing advice on communication, self-improvement, or career development.
You can learn how to start a blog in the free How To Start a Blog Course.
3. Create an online course
If you’re looking for a passive way to make money by giving advice, creating an online course is a great way to do so.
My sister runs a popular online course and has done very well with it. Over the years, she has helped thousands of people with her business advice for website owners.
You can create a course on topics such as:
Meal planning and prep – Teach people how to plan meals, prep ingredients, and create healthy, budget-friendly meals.
Parenting tips – Help with topics like raising toddlers, managing screen time, or improving sleep.
Home organization – Help people declutter, organize their homes, and create better living spaces.
Fitness and wellness – Share workouts, stretching routines, or mindfulness practices like meditation or yoga.
Photography basics – Teach people how to use their camera or phone to take better photos. I recently saw a course teaching parents how to take better family photos with their phone, and it looked so helpful!
Gardening for beginners – Guide people through starting a garden, caring for plants, and growing their own fruits and veggies.
DIY home projects – Sell lessons on simple home improvement or crafting projects, like building furniture or making home decor.
Travel planning – Share tips on planning budget-friendly vacations, packing efficiently, and finding fun destinations.
Pet care – Teach new pet owners how to care for their animals, including training, nutrition, and grooming tips.
You can sell your online course on your website or course websites like Udemy, Skillshare, or Teachable (Teachable is my favorite course platform).
4. Answer surveys
You won’t get rich by answering surveys, but it’s an easy way to make money by giving your opinion.
Market research companies pay survey sites to find users to complete surveys for them. These paid online surveys help companies make better products and services.
Here are some of the recommended survey companies to sign up for:
American Consumer Opinion
Swagbucks
Survey Junkie
InboxDollars
Branded Surveys
Recommended reading: 12 Best Online Surveys For Gift Cards
5. User Interviews
User Interviews stands out from most market research companies because, rather than paying for typical online surveys, it specializes in focus groups.
This means they seek more detailed feedback from participants on different products and companies. Their studies are usually conducted via phone or video interviews, with the average study paying over $65.
Large companies like Spotify, Pinterest, GoPro, and Amazon use User Interviews to collect market insights. The platform runs over 2,000 studies each month, and last year alone, more than 77,000 participants were paid.
Michelle (my sister as well as the owner of this blog) participated in a focus group through User Interviews and earned $400 for just one hour of work. She said it was simple, and the entire process was completed online through a video call.
You can click here to sign up for free with User Interviews.
6. Financial advisor
Financial advisors are trained professionals who give financial advice to clients. You can make money as a financial advisor by charging fees for your services, receiving commissions on financial products, or both.
A financial advisor may help with financial planning, retirement, wealth management, insurance, investments, savings, and more.
To become a financial advisor, you need a combination of education and certifications. To get started, you’ll need a bachelor’s degree in finance, economics, accounting, or related field. You’ll also need an internship or entry-level job in finance, banking, or financial planning to get hands-on experience. Most importantly, you’ll need to get certified as a Certified Financial Planner and pass the licensing exams.
As of this writing, the average Certified Financial Planner’s salary is between $66,000-$122,000 a year.
7. Business consultant
One way to make money by giving advice is to start a consulting business and become a freelance consultant.
A business consultant is someone who uses their expertise to help companies improve their business, income strategy, and profitability.
Consultants get paid either by hourly rate, project-based fees, or retainer agreements. Business consultants can also make money by conducting training sessions and workshops for more money.
Business consultants are in high demand as businesses are always looking for ways to improve and make more money.
8. Personal trainer
If you love fitness and working with people, you can try making money as a personal trainer.
Getting a NASM personal trainer certification, which is one of the top certifications in the field is helpful. This is where you’ll dial in form, workout routines, and many other important fitness-related skills.
As a personal trainer, you can make money with one-on-one sessions, group classes, and even online training programs. Trainers typically charge per session or have package deals for multiple sessions. You can also make money by creating workout programs that people can purchase online.
9. Online coach
You can make money working as an online coach through digital platforms.
Some areas that you could coach on include:
Life coaching
Relationship coaching
Business coaching
Fitness coaching
Career coaching
As an online coach, you can make money with one-on-one coaching sessions, group coaching, or self-paced courses that people can buy directly from you. You can charge people one-time fees, package deals, or ongoing membership subscriptions for continued access to your guidance.
To grow your income, you can use social media platforms to build your brand and get people to trust you, such as by sharing helpful free tips in graphics or captions.
10. HelpOwl
HelpOwl is a platform where you can get paid to give advice online to individuals seeking help with different topics.
To get started with HelpOwl, register on the website and set up your profile. Your profile should showcase your expertise, skills, qualifications, and areas of advice.
You can also determine your fee structure for providing advice whether it’s per session or question.
11. Quora
You’ve likely heard of Quora since it’s a goldmine for getting any kind of question answered, but did you know you can make money with Quora?
Yes, it is possible to make money on Quora through a few different strategies.
Quora has a partner program that lets you make money by asking questions that generate high traffic and engagement to their website. You can get paid based on the ad revenue generated from the questions you ask.
Quora’s partner program is great for anyone who wants to become an online advice giver as you can share your honest opinion or answer a question in a simple comment.
12. Start a podcast
You can make money selling advice through a podcast.
This method of selling advice takes a lot of work but can be worthwhile if successful.
If you want to start a podcast to give advice, there are many great topics to choose from. You could talk about personal finance, relationship advice, or career coaching. Health and wellness podcasts are popular too, where you can cover fitness, mental health, and self-care. Parenting tips for new parents, small business advice, or life coaching are also good ideas. You could even share tech help, home improvement tips, or legal advice.
Whatever you pick, your podcast can help people improve their lives.
Once you build up your following, you can make money with ads and different sponsorships on your podcast episodes, along with affiliate links.
13. Start a YouTube channel
Starting a YouTube channel is another great way to get paid for giving advice, especially if you enjoy talking on camera.
I turn to YouTube all the time when I’m looking for answers and advice. It’s a helpful resource where I can find detailed explanations on just about any topic. Whether I need tips on personal finance, blogging, or even tech solutions, there’s usually a video that walks me through the steps. I love how I can watch experts in action, and it’s a great way to learn something new quickly and visually.
With YouTube, you can create videos in your area of expertise and build an audience of subscribers who value your knowledge. Whether you’re skilled in personal finance, cooking, fitness, or any other niche, there’s probably an audience looking for advice in a YouTube video.
To make money on YouTube, you can monetize your channel through:
Ads: Once you reach YouTube’s eligibility requirements, you can earn money from ads that play during your videos.
Sponsorships: Brands may pay you to promote their products or services in your videos.
Affiliate marketing: Include affiliate links in your video descriptions, earning a commission when viewers make purchases through your links.
Selling products or services: You can also use YouTube to promote your own products, courses, or consulting services.
Consistency is key on YouTube, so creating valuable, engaging content that resonates with your audience will help grow your channel and income over time.
14. Share advice on Fiverr
Fiverr is a great spot to sell your advice if you’re looking for an online job.
I searched on Fiverr and found 2,200 listings where people were offering to give advice. The topics included things like relationship advice, tax advice, fantasy football advice, blog advice, business advice, and more.
You simply create a profile and a listing where you share the type of advice you specialize in.
15. Website testing (such as with UserTesting)
Website testing is a simple way to make money by sharing your advice and providing feedback on the website user experience.
There are several well-known website testing sites including UserTesting, TryMyUI, and Userlytics. These sites connect you with people looking for user feedback on their websites and apps.
By using website testing platforms, selling expert advice, and building a strong reputation, you can successfully make money through website testing and sharing your insights.
16. Mystery shopping
Mystery shopping is a fun way to give your advice and feedback on a customer service experience, product, or store operations.
As a mystery shopper, your feedback tells companies how well their employees are treating customers, if customers are happy, and if any operational problems need fixing.
There are three different ways to make money mystery shopping including:
Cash and reimbursement (you’ll get paid to do the mystery shop, plus get the service/product for free).
Cash payment (an example would be a phone call mystery shop when you don’t buy anything).
Reimbursement (an example would be a restaurant secret shop – these typically don’t pay any money except for receiving free food).
BestMark is one of the biggest mystery shopping companies with a great reputation, and they have many different kinds of mystery shopping jobs available. Ath Power Consulting is another well-known mystery shopping company that has over 500,000 secret shoppers. They complete over 10,000 mystery shops each month, and they work with many popular companies.
Recommended reading: Want To Make An Extra $100 A Month? Learn How To Become A Mystery Shopper
Frequently Asked Questions
Below are answers to common questions about how to get paid to give advice.
Can you get paid for giving advice?
Yes, you can get paid for advising in many ways such as consulting (people pay for advice on specific topics), coaching (people paying for expertise in a certain area, like business, relationships, career, and life), and content creation (monetize your advice through blogs, podcasts, social media).
What type of professionals make money by giving advice?
The kinds of professionals getting paid to give advice include:
Consultants
Coaches
Financial advisors
Legal advisors
Counselors
Health experts
Tutors
Real estate agents
Educators
Creative professionals
Entrepreneurs
Public speakers
As you can see, the list is endless. By using the skills and knowledge you have, you can likely get paid to provide practical and personalized advice to people.
Can I sell life advice?
You can sell life advice if you have valuable life experiences that other people find helpful to learn from. People tend to hire life coaches, mentors, and advisors to help them with life challenges, achieve goals, and find purpose in their lives.
You can make money selling life advice in several ways including:
One-on-one coaching sessions
Online courses
Books
Blogs
Podcasts
Social media accounts
It’s important to identify your niche and who you want to help. For example, your target audience may be women looking for a career change or people who need help with relationship advice. Focusing on a specific niche will help you stand out from others and market your services more efficiently.
How can you get paid to give advice online?
There are many ways to get paid to give advice from your laptop. JustAnswer is a great way to get started getting paid to give advice and connect you to people seeking help in your field.
If you’re looking for a passive way to make money giving advice, create an eBook, course, blog, or podcast. You can make money by selling your products, advertising, using affiliate links, or creating sponsored content.
Can you get paid to give relationship advice online?
You can get paid to give relationship advice and dating advice by working as a relationship coach through platforms like BetterHelp (as a therapist) or via your own website. You’ll need specific credentials to work on sites like BetterHelp and Talkspace, whereas having a relationship blog doesn’t require certifications, but may be harder to make money at the beginning of starting your business.
How To Get To Give Advice – Summary
I hope you enjoyed this article on how to get paid to give advice.
If you have knowledge in a specific area, you can turn that into a business by giving advice. Whether it’s in fields like medical, legal, tech, personal finance, or relationships, there are many ways to get paid for your skills.
Plus, you can do this either part-time or full-time, so you can choose what kind of hours you want to work.
When people think of Houston, the bustling city center, the iconic skyline, and its thriving energy industry often come to mind. However, the essence of living in Houston extends beyond the city limits into the surrounding suburbs. These Houston suburbs offer quieter, more relaxed lifestyles while maintaining proximity to the amenities and opportunities of the city. From peaceful communities to waterfront retreats, each suburb offers a unique living experience.
In this ApartmentGuide article, we’ll explore some of the most notable suburbs surrounding Houston—highlighting key aspects like population, average rent, and what makes each area stand out. Whether you’re searching for the perfect apartment in Houston or curious about the various Houston neighborhoods, let’s discover the best parts of Houston to call home.
Cost of living in Houston
Before we dive into the top Houston suburbs, let’s cover how much it costs to live in the area. Houston’s cost of living is about 6% lower than the national average, making it an attractive option for those looking for affordability. The median sale price for a home in Houston is around $331,900, which is significantly lower than the national median of $433,156. Rent is similarly affordable, with the average rent for a one-bedroom apartment in Houston at $1,289, compared to the national average of $1,514.
While some suburbs around Houston offer more affordable options, others provide more luxurious living experiences. Here, we’ll explore a range of top suburbs, offering diverse lifestyle and housing opportunities to suit various preferences and budgets.
If you’re looking for more specific rental insights, check out our guides on the 11 Most Affordable Neighborhoods in Houston, TX for Renters in 2024 and the 11 Most Expensive Neighborhoods in Houston to Rent in 2024.
1. The Woodlands
Known for: Master-planned community, excellent schools, natural beauty
The Woodlands is one of the most popular and sought-after suburbs in the Houston area. Located about 30 miles north of downtown Houston, it’s a master-planned community known for its lush green spaces, high-ranking schools, and scenic trails. The Woodlands is ideal for outdoor enthusiasts, with over 200 miles of hiking and biking trails, along with a vibrant downtown area called Market Street, featuring shopping, dining, and entertainment options.
In addition to its natural beauty, The Woodlands is home to numerous corporate offices, including several energy and tech companies, making it an ideal location for professionals. The welcoming atmosphere, combined with upscale amenities, continues to attract new residents each year.
Population: 118,000 Average rent for a one-bedroom apartment: $1,297 Median home sale price: $592,500 The Woodlands transportation scores: Walk Score 18, Bike Score 45
Apartments for rent in The Woodlands, TX | Houses for rent in The Woodlands, TX | Homes for sale in The Woodlands, TX
2. Sugar Land
Known for: Historic charm, excellent schools, vibrant community
Located southwest of Houston, Sugar Land is a thriving suburb known for its strong sense of community and high quality of life. Sugar Land offers an excellent mix of historic charm and modern amenities, with a walkable town center filled with shops, restaurants, and entertainment options. The suburb is also home to top-rated public schools, making it a popular destination for those seeking an exceptional place to live. Sugar Land’s economy is diverse, with industries including healthcare, energy, and retail. Its well-maintained neighborhoods and numerous parks make it one of the most desirable places to live near Houston.
Population: 119,000 Average rent for a one-bedroom apartment: $1,886 Median home sale price: $447,250 Sugar Land transportation scores: Walk Score 28, Bike Score 37
Apartments for rent in Sugar Land, TX | Houses for rent in Sugar Land, TX | Homes for sale in Sugar Land, TX
3. Katy
Known for: Great schools, vibrant community, affordable housing
Katy, located west of Houston, is known for its welcoming environment, excellent public schools, and affordable cost of living. This growing suburb offers a variety of housing options, from large, newly built homes in master-planned communities to more affordable single-family homes and apartments. Katy ISD is one of the top-rated school districts in Texas, and the area features many parks, recreational facilities, and community activities. Katy’s proximity to major highways makes it easy for commuters to reach Houston’s downtown area.
Population: 21,000 (city proper) Average rent for a one-bedroom apartment: $1,382 Median home sale price: $369,000 Katy transportation scores: Walk Score 68, Bike Score 50
Apartments for rent in Katy, TX | Houses for rent in Katy, TX | Homes for sale in Katy, TX
4. Pearland
Known for: Growing economy, diverse community, suburban amenities
Pearland, located south of Houston, is one of the fastest-growing suburbs in the region. It offers a diverse community, excellent schools, and a wide range of retail and dining options. The city is home to several large employers and is just a short drive from Houston’s Texas Medical Center, making it a convenient location for healthcare professionals. Pearland’s housing market is varied, with both affordable options and upscale developments available. The suburb also features numerous parks, golf courses, and recreational facilities, making it a great place for those who enjoy outdoor activities.
Population: 128,000 Average rent for a one-bedroom apartment: $1,482 Median home sale price: $390,000 Pearland transportation scores: Walk Score 21, Bike Score 36
Apartments for rent in Pearland, TX | Houses for rent in Pearland, TX | Homes for sale in Pearland, TX
5. Cypress
Known for: Affordable living, strong schools, suburban tranquility
Cypress, located northwest of Houston, is a suburban area that offers a blend of affordable housing, high-quality schools, and a peaceful environment. It’s known for its master-planned communities, golf courses, and scenic parks. Cypress is a great option for those seeking a suburban lifestyle while still having easy access to the city’s amenities. The area is also home to several retail centers and restaurants, making it easy for residents to find entertainment and dining options nearby.
Population: 188,000 Average rent for a one-bedroom apartment: $1,443 Median home sale price: $375,000 Cypress transportation scores: Walk Score 52, Bike Score 37
Apartments for rent in Cypress, TX | Houses for rent in Cypress, TX | Homes for sale in Cypress, TX
6. Friendswood
Known for: Quiet atmosphere, excellent schools, strong sense of community
Friendswood, located southeast of Houston, is a quiet, residential suburb known for its community-centered living and excellent public schools. With numerous parks and a growing selection of retail and dining options, Friendswood is a highly desirable place to live. Its location, between Houston and Galveston, makes it convenient for those who enjoy quick trips to the coast. The city offers a range of housing options, from single-family homes to upscale developments, with a welcoming atmosphere that appeals to a wide range of residents.
Population: 41,000 Median home sale price: $347,450 Friendswood transportation scores: Walk Score 23, Bike Score 33
Apartments for rent in Friendswood, TX | Houses for rent in Friendswood, TX | Homes for sale in Friendswood, TX
7. League City
Known for: Waterfront living, access to boating and outdoor activities
League City, located southeast of Houston near Galveston Bay, offers a unique combination of suburban living with a coastal feel. The city is known for its waterfront properties, marinas, and access to boating and fishing. League City’s highly rated schools and growing economy have made it a popular destination for many professionals. In addition to its natural beauty, League City has a variety of parks, shopping centers, and entertainment options, offering plenty of activities without leaving town.
Population: 114,000 Average rent for a one-bedroom apartment: $1,246 Median home sale price: $395,109 League City transportation scores: Walk Score 24, Bike Score 34
Apartments for rent in League City, TX | Houses for rent in League City, TX | Homes for sale in League City, TX
8. Missouri City
Known for: Affordable living, suburban feel, strong amenities
Missouri City, located southwest of Houston, offers residents an affordable, suburban lifestyle with easy access to the city. Known for its peaceful neighborhoods and well-maintained amenities, Missouri City is a great option for those looking for more space without the high price tag. The area features numerous parks, golf courses, and recreational facilities, giving residents plenty of options for outdoor activities. Missouri City’s range of housing choices, from single-family homes to apartments, makes it an affordable alternative to some of Houston’s pricier suburbs.
Population: 75,000 Average rent for a one-bedroom apartment: $1,499 Median home sale price: $335,000 Missouri City transportation scores: Walk Score 25, Bike Score 34
Apartments for rent in Missouri City, TX | Houses for rent in Missouri City, TX | Homes for sale in Missouri City, TX
9. Tomball
Known for: Historic charm, small-town feel, growing community
Tomball, located northwest of Houston, is a rapidly growing suburb known for its historic charm and small-town feel. The downtown area features antique shops, local restaurants, and events like the Tomball German Heritage Festival, celebrating the area’s cultural roots. Tomball is popular among those looking for a quieter lifestyle, with highly regarded schools and plenty of parks and green spaces. With an increasing number of master-planned communities, Tomball is becoming a favorite spot for those looking for space and tranquility.
Population: 12,000 (city proper) Average rent for a one-bedroom apartment: $1,262 Median home sale price: $415,000 Tomball transportation scores: Walk Score 78, Bike Score 47
Apartments for rent in Tomball, TX | Houses for rent in Tomball, TX | Homes for sale in Tomball, TX
10. Clear Lake
Known for: Proximity to NASA, waterfront living, outdoor recreation
Clear Lake is a popular suburb located southeast of Houston, near the Johnson Space Center. Known for its proximity to NASA and the scenic Clear Lake itself, this area is ideal for those who enjoy waterfront living and access to boating and outdoor activities. The community offers a mix of residential neighborhoods and upscale waterfront homes. Clear Lake also features a strong job market, with many aerospace and tech companies nearby, making it a great choice for professionals working in the industry. With numerous parks, marinas, and shopping centers, Clear Lake provides a laid-back lifestyle with plenty of amenities.
Population: 83,000 Median home sale price: $312,000 Clear Lake transportation scores: Walk Score 38, Bike Score 46, Transit Score 2
Apartments for rent in Clear Lake, TX | Houses for rent in Clear Lake, TX | Homes for sale in Clear Lake, TX
Methodology: The suburbs included in this list were selected based on their overall popularity, determined by search trends and housing demand in the Houston area. Average rent and home sale price data were sourced from Redfin and Rent.com as of September 2024. Transportation data, including Walk Scores, Bike Scores, and Transit Scores, was sourced from WalkScore.
Wilmington, North Carolina is a charming coastal city known for its Historic Downtown River District and its beautiful beaches that offer the perfect spots for swimming, tanning, and relaxing. While the sandy shores and historic charm of this city are well-known, Wilmington also offers an array of distinctive activities that go beyond the usual tourist attractions. Whether you’re looking to move into a new apartment in Wilmington, or buy a new house in Wrightsville Beach or you’re planning your next beach vacation, this guide will take you through some of Wilmington’s most unusual and intriguing activities.
In Wilmington, NC there’s no shortage of perks and culture to make people feel connected to one another in one of the most beautiful towns in the country. “Experiencing live music at the most surprisingly scenic swamp-based outdoor venue anywhere, Greenfield Lake Amphitheater, or finding carefully curated vinyl at the towns most beloved Gravity Records, Wilmington has music lovers covered. Wilmington’s food scene has long been established by the likes of local legendary Chef Keith Rhodes and talented team at Catch, and has also seen lots of exciting newcomers like Lauren Wright and Keala Yu from Pie Slayer on Princess Street.” – Dean Neff, Chef/Owner – Seabird Restaurant
One event that captures Wilmington’s essence is the North Carolina Azalea Festival. The Azalea Festival is an annual event that usually occurs in early April and it is always a great time. If you want a fun southern charm event that captures the culture and everything about Wilmington, this is the event for you!
“The events at the Azalea Festival include a garden party, multiple concerts, a big parade, a celebratory gala, a putt putt event with the Alex Highsmith Family Foundation, and so much more. I love so many things about the city of Wilmington but the Azalea Festival is definitely at the top of my list.” – Alex Highsmith with the Alex Highsmith Family Foundation
Photo by Sam Draper
Looking for a fun and unique way to spend your weekend in Wilmington, NC? Check out one of the local farmers markets! From fresh, locally grown produce to handmade crafts and artisanal goods, these markets are a perfect way to support local vendors while enjoying the vibrant community atmosphere. Plus, it’s a great spot to grab a coffee, stroll through the stands, and pick up something special for your apartment.
“Saturdays are for farmers markets in Wilmington. And from April to November you can go to downtown’s red bricked streets that border the wide Cape Fear River for the Riverfront Farmers Market, which is in its 21st year. There you’ll find local farmers selling what’s in season, fresh flowers, homemade jams, mushrooms and eggs, as well as soaps and loofah grown in the soapmaker’s backyard. Saturdays on Dock Street from 8 a.m. to 1 p.m.” – Eileen Duffy – Edible Port City
These open-air markets offer everything from seasonal produce to homemade goods, perfect for anyone wanting to embrace the community spirit. It’s not just about shopping—it’s about connecting with local farmers, artisans, and creators. Whether you’re picking up farm-fresh eggs, a new plant for your apartment, or just enjoying the laid-back vibe, these markets add a little local flavor to your weekend plans.
“Being a local in Wilmington, NC, means getting to know your local farmers! Visit the Wilmington Farmers Market at Tidal Creek every Saturday, year-round from 8am-1pm to purchase local food and get to know the farmers that grow it. Learn about their farming practices and bring home the freshest, most nutrient-dense food you can get your hands on. Be sure to go inside Tidal Creek Co-op for coffees, smoothies, or hot breakfast before shopping at the market; your new Saturday morning ritual.” – Julie Svenson – Market Manager
“Seaglass is a once-a-month destination, featuring over 50 local artists & artisans selling handmade, homemade, resale, and retail items. It is a unique way to shop local and meet the talented vendors each month. Visit our website for dates, hours, and directions. We are completely indoors & open, when scheduled, rain or shine!” – Kelli Benton
Located at 5601 Castle Hayne Road in Castle Hayne, NC this market is just minutes from Wilmington!
“The Really Cool Stuff Holiday Market is held on Nov. 30, 2024 (Small Business Day) and is a great way to celebrate and support small, local businesses. Held on Dock St. between Water and 2nd streets, this annual holiday themed festival brings together 60 plus artists and creators from Wilmington and nearby communities. Street musicians, live DJ spinning, and day of surprises add to the fun, social atmosphere while kicking off the holiday season. From whimsy to traditional, there’s something local and creative to discover. 11am – 4pm.” – Andrella Christopher
If you’re passionate about the environment and looking to support organizations that feel the same way, check out this fun and eco-friendly event! Whether you’re a seasoned eco-enthusiast or just curious to explore, the Veg-Out festival is a perfect way to spend a Saturday outdoors, connecting with the community.
“Wilmington’s own 4th annual Veg-Out Festival brings together local healthy eating and green living vendors at Greenfield Lake in the Rotary Wheel Garden Oct. 12. A great place to try local vegan and vegetarian food, find reusable home goods, natural bath and body products, get a massage, and learn about climate change. A free event in a beautiful, intimate setting from 11am-4pm. Also includes speakers on various environmental and well-being topics.” – Cool Wilmington
“Be sure to check out The ArtSea Shop & Studio when you’re in Historic Downtown Wilmington. This cute little shop features the artwork of over 25 different local artists and offers many different beginner’s level art/craft classes every week! Support local and get your creative juices flowing while here in Wilmington! Located at 3 S 2nd Street, Units 150 and 160, just off Market St.” – Jenn Maksymiak
The Cameron Art Museum in Wilmington, NC, showcases contemporary and historical art with a focus on regional artists. Its diverse exhibitions and beautiful garden offer a unique cultural experience.
“Join us Thursday evening September 19 at 7 PM outside CAM in the PNC USCT Park as we welcome vocalist Leme Nolan to our Sunset Performance Series. This is a FREE event that takes place in front of the Boundless sculpture created by artist Stephen Hayes to honor the USCT that fought on the museum grounds for their freedom. CAM Café is open late serving drinks and more to enjoy outside. Visit CameronArtMuseum.org to learn more.” – Matt Budd, Director of Marketing
Spending an afternoon visiting Airlie Gardens is always at the top of our list of expert recommendations for friends and family visiting Wilmington for the first time. Especially in the springtime, but truly any time of the year, Airlie Gardens is a delight for the senses.
“With its centuries-old majestic oak trees, dripping with Spanish moss; vibrant and ever- changing flower beds that line and surround enormous grass lawns; a view of the intracoastal waterway along Bradley Creek and an abundance of nature and wildlife to take in, there’s always something new to see, hear, smell and feel at Airlie Gardens.” – Shauna Gartz – Shauna Loves Planning
10. Local coffee shops
“Whether you are in Wilmington for the weekend, or you have recently relocated, local coffee shops like BeSpoke Coffee and Dry Goods or Hidden Grounds are an absolute must. Both of these local coffee shops offer unique and creative coffee and/or tea beverages with non-dairy milk alternatives. As a nutrition professional and someone with a couple of food restrictions, I rarely find myself without options in Wilmington.” – Crystal McLean, MS, RDN, LDN, Owner – Thrive Performance and Nutrition
“Wilmington has an abundance of great restaurants to try but make sure to visit Blue Surf Café (near UNCW) and Blue Surf Arboretum West (north of Mayfaire) where you will find great food with a laid back vibe that fits this coastal town. Locals and tourists alike enjoy the patios and comfortable feel while enjoying the inventive twists on modern American cuisine. Make sure to try the gourmet hot chocolate in the fall and winter!” – Colleen Kochanek
Wilmington is a beautiful coastal town that attracts those who appreciate the ocean and are dedicated to preserving it. Local businesses, like The Green House Restaurant, prioritize sustainability to protect what makes this place so special.
“By sourcing from local farms, using clean energy through Arcadia Power, avoiding disposable plastics, and composting, we minimize environmental impact while offering you a mindful, delicious dining experience.” – Anastasia Worrell – The Green House Restaurant
“If you ever find yourself in Wilmington, make sure to drop by… drumroll… The Kitchen Sink. We took an old nook downtown and made it into a place that serves creative dishes-masterfully melding the comfort of Southern food with international flair. From the Sweet & Savory sandwich to our Soup Flight, each plate embodies the heart of Wilmington’s laid-back eclectic food scene. Pull up a chair, get comfortable, and find out why Wilmington feels like home.” – Najee Kenion
“My new spot for food and beverage is Ponysaurus Brewing Co. They renovated an old lawyers’ office and created a beer hall environment complete with a massive upstairs space and an outdoor beer garden. My addictions aren’t limited to the fennel sausage pizza, caesar salad, and a frozen daiquiri. Their beer is top shelf, too.” – William Mellon – Manna Avenue
Nestled in the heart of the Soda Pop District in downtown Wilmington, you’ll find the quirky arthouse theater, Jengo’s Playhouse.
“A staple to the neighborhood for over two decades, Jengo’s Playhouse features a rotating schedule of independent, regional and international films throughout the year. Come early and grab a refreshing cocktail or mocktail at the backyard bar at Jengo’s and then stick around for a special Q&A with a local filmmaker after the screening.” – Anna Bennett – Communications Manager
If you’re passionate about the theater and have time to sit down and watch a remarkable local show, visit the Thalian Association Community Theatre in the historic downtown area.
“Providing performances and education since 1788, Thalian Association Community Theatre is the official community theater of North Carolina. “Enjoy the 2024-2025 productions on the Main Stage of Historic Thalian Hall, Young Frankenstein, Irving Berlin’s White Christmas, A Few Good Men, Disney’s Mary Poppins, and Legally Blonde. The great entertainment continues with Youth Theatre shows at the Hannah Block Historic USO/Community Arts Center, Anastasia, Willy Wonka Jr., Alice In Wonderland, and Fame Jr. See you at the theatre!” – Susan H. Habas, Thalian Association Community Theater
Located as the gateway to downtown Wilmington and just a few blocks from the scenic riverfront, the Wilson Center at Cape Fear Community College is a hub of music, theater, and more.
“If you’re looking for a wide range of live entertainment — from Broadway shows, concerts, and headliner comedians — the Wilson Center has something for everyone.” – Abby Logue, Communications Coordinator
Wilmington Outdoor Adventures invites you to explore the stunning waterways of Wilmington and beyond!
“Our guided kayak tours are perfect for residents seeking outdoor fun and a unique way to experience the natural beauty of local estuaries, creeks, lakes, and rivers. Whether you’re new to kayaking or a seasoned paddler, we have something for everyone. In addition to our regular tours, we offer special events such as full moon paddles, empowering women’s retreats, and hands-on kayaking workshops. It’s the perfect way to unwind, connect with nature, and meet fellow adventurers!” – Kay Lynn Hernandez
Experience the thrill of summer with the Wilmington Sharks Baseball team, the 2024 Coastal Plain League champions!
“Watch top collegiate prospects from across the nation showcase their skills in a family-friendly setting. Enjoy all the classic ballpark fare, including hot dogs and peanuts, while cheering on the reigning champs in Wilmington, NC. It’s the perfect blend of excitement and tradition at the heart of America’s pastime under the coastal summer sky.”
Tickets and merchandise can be purchased at our website: www.wilmingtonsharks.com – Brett Bloomquist – Wilmington Sharks
Looking to spend an entire day in Wilmington? One local offers her comprehensive list of unique things to do all day long.
“Part of the immersive experience of living in Wilmington, even part time like my husband and I do, is the small-town feel of a beach town. Each morning is spent with a spin class at Recess near Wrightsville Beach (say hi to Bevin if you’re a One Tree Hill fan!), followed by a smoothie or coffee at Bitty and Beau’s, which employs people with disabilities.
In the afternoon, I love the cocktails and appetizers on the rooftop at Johnny Luke’s, before driving over to dinner at Bluewater, which is right on the intercoastal waterway and has a beautiful view. After dinner, we drive to the riverfront and stroll the shops and maybe grab an ice cream at Kilwin’s. We love the nightlife on the riverfront. Low key atmosphere at places like Front Street Brewery for a beer and a late night snack, fine dining at Circa or Elijah’s, or oysters at Shuck’n Shack (they also have a location on Carolina Beach!) for oysters! You really can’t go wrong when you spend time at the beach!” – Kristy – Neatly Balanced
Wilmington, NC, is a treasure trove of unique experiences that offer a fresh perspective on this charming coastal city. Beyond its beautiful beaches and historic sites, Wilmington’s eclectic mix of activities ensures that there’s always something new and exciting to explore.
By stepping off the beaten path and embracing the city’s quirky and distinctive offerings, you’ll uncover a side of Wilmington that many overlook. So next time you find yourself in this vibrant locale, take a detour from the ordinary and dive into the unexpected. Your adventure in Wilmington is bound to be as memorable as it is unique.
Loud budgeting is a money-saving trend that is encouraging people to be honest with others about their finances and feel okay about saying “No” to expensive invitations.
The concept was first introduced by TikTok content creator and comedian Lukas Battle in late 2023 as an alternative to “quiet luxury” and involves talking openly — or loudly — about your financial goals and spending limits to those around you. Since Battle first coined the term, TikTok has been deluged with videos extolling the benefits of loud budgeting and how to do it.
Is it time to get on the loud budgeting bandwagon? Maybe. While you can’t trust all the financial advice you get on social media, many finance experts say that loud budgeting is rooted in a time-honored financial principle — that people should make spending decisions based on their budgets and savings goals, rather than peer pressure or FOMO.
Here’s a closer look at what loud budgeting is and how to incorporate this approach into your own life.
Key Points
• Loud budgeting, a concept introduced by TikTok creator and comedian Lukas Battle in late 2023, encourages transparency about financial goals and spending limits.
• Benefits of loud budgeting may include: reduced financial stress, avoiding overspending due to peer pressure, building an enhanced support system, and reaching financial goals.
• It can be implemented by determining priorities, building a basic budget, and being honest with those around you about your budget.
• Budgeting tools, such as those provided by your bank or apps that track or permit you to share your spending and savings goals, can assist with loud budgeting.
• Loud budgeting doesn’t have to entail disclosing financial or personal details — it can be as simple as sharing your financial goal and/or limits.
The Psychology of Loud Budgeting
When it comes to maintaining close ties to friends and family, it can be hard to decline an invitation to a catch-up dinner, reunion weekend, or destination wedding — even if you’re not comfortable with the cost. So, you might grudgingly say “Yes,” and figure you’ll deal with the financial fallout later. Or, you might say “No,” but make up a fake reason why you can’t be there. Neither option is ideal.
Loud budgeting offers an alternative solution — bowing out while being honest about your money concerns. It’s based on the premise that staying close and connected with people you care about doesn’t have to cost a lot. Often, it just takes one member of the group to say “No,” and suggest a way to bring down the cost of a social outing or gathering.
Recommended: 7 Tips for Living on a Budget
Benefits of Practicing Loud Budgeting
While loud budgeting isn’t for everyone, it has a number of benefits. Here are some to consider.
Reduced Financial Stress
Money worries can be a significant source of stress. Loud budgeting can immediately take some of the pressure off by making it acceptable to opt out of social plans that will cause you to spend more than you can afford. Over time, loud budgeting can help you grow the balance in your bank account, pay down debt, and achieve your goals — all of which can improve your financial well-being.
Improved Financial Transparency
While talking about money has long been considered taboo and can even trigger shame, loud budgeting aims to reduce the stigma around having financial limitations. Instead, it advocates being transparent about your budget and why you’re choosing not to spend your hard-earned cash on something. By starting the conversation, loud budgeters may also encourage others in their circle to be more authentic and honest about their finances.
Enhanced Support System
Not everyone will necessarily be receptive and understanding when you get loud with your budget. But there is also a good chance that you will get support from others who (unbeknownst to you) are in the same financial boat. This can help you build a community of people working towards similar financial goals. Your community can help hold you accountable to your plan. You can also share tips and experiences and cheer each other on when you achieve success, such as reaching a savings goal.
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How To Implement Loud Budgeting in Your Life
If you’re interested in trying out this Gen Z budgeting trend, here are some tips for how to incorporate loud budgeting into your life.
Determine Your Priorities
Budgeting (loudly or quietly) is about making sure your spending aligns with your priorities. So a great first step is to sit down and lay out some specific and achievable financial goals, along with a timeframe for when you want to reach them. For example, maybe you want to pay off your credit cards in the next six months or put a down payment on a home in one year. Knowing what you want to accomplish gives you the “why” behind your loud budget and helps you stick to your plan.
Build a Basic Budget
Before you can get loud about your budget, you actually need to make a budget. To do so, you might start by looking at what’s coming in each month (on average) and what’s going out each month (on average). If your total monthly spending is higher than your total monthly income — or it’s about the same (meaning you’re not saving anything) — you’ll need to adjust accordingly.
There are all kinds of budgets, but one simple framework to consider is the 50/30/20 rule. This entails allocating 50% of your monthly take-home income to needs, 30% to wants, and 20% to saving and paying more than the minimum on your debts.
Once you come up with a basic budget, it’s a good idea to track your spending (there are budgeting apps that make this easy) to see how well you’re sticking with the plan and, if necessary, make some tweaks to your budget.
Be Honest With Others
Once you have a clear sense of your budget, priorities, and savings goals, don’t be afraid to share this information with friends and family. While you don’t have to delve into the intricate details of your finances every time you decline a social invitation, you can say that you’re trying to spend less and be better about managing your money. You might also talk about some specific goals you’re trying to achieve. Being honest in this way can help make it easier to decline costly invites and keep you accountable to your plans.
Suggest Alternatives
When someone in your circle suggests an outing that doesn’t work with your budget, consider suggesting alternative options. For example, if you can’t swing an expensive brunch, you might suggest a picnic in the park. Or if your friend group wants to spend the afternoon shopping, see if you can entice them to go hiking instead. The idea is to find some simple, wallet-friendly ways to have fun and stay connected without sacrificing your financial health.
Find Allies
Sticking to a budget can be a lot easier when you have a supportive community — or even just one or two allies — who are on the same financial page. If you can’t find any good budgeting buddies in your circle, you might search the #loudbudgeting hashtag on your social media channels to find others who are blazing the same path. This can help you build a community of people who can hold you accountable and cheer you on as you hit your goals.
Recommended: 7 Different Types of Budgeting Methods
The Takeaway
Loud budgeting promotes being more honest about your financial circumstances and goals, rather than accepting expensive invites out of fear of being a wet blanket and then dealing with the aftermath. While it can be challenging to speak your truth, being vocal about your budget can strengthen your connections and help you stay committed to your financial health — not just while it’s the latest trend on social media, but throughout your adult life.
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FAQ
How can I start loud budgeting without oversharing?
While loud budgeting involves being open about your financial situation, you don’t have to share sensitive details about your finances with everyone you know. Rather than lay out the specifics of your income and monthly bills, you can simply say that you are working toward a particular goal (like paying off your student loans or saving for a home) and trying to be more responsible about spending, saving, and managing your money. That can help explain why you are declining invitations to, say, pricey meals out or weekends away.
Does loud budgeting work for all income levels?
Yes, loud budgeting can be effective for all income levels, as it primarily involves being open about your financial goals and priorities with those close to you. While higher earners may be focused on wealth building and investment strategies, lower-income loud budgeters might share how they are working towards being free of credit card debt, building an emergency fund, or saving for a down payment on a home.
What apps or tools can help with loud budgeting?
Any budgeting app that helps you make better spending decisions can assist you with loud budgeting. Even better if the app allows you to track and share your progress with others. You might consider the tools your bank offers for budgeting. Other options include YNAB (You Need a Budget), which can help you create a plan for every dollar you earn; Goodbudget, which digitizes the “envelope system” of budgeting and allows you to share your budget categories with family or friends, or Honeydue,which helps couples sync bank accounts, credit cards, and more for easier viewing of your financial picture.
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*Awards or rankings from NerdWallet are not indicative of future success or results. This award and its ratings are independently determined and awarded by their respective publications.
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Members without either Direct Deposit activity or Qualifying Deposits, as determined by SoFi Bank, during a 30-Day Evaluation Period and, if applicable, the grace period, will earn 1.20% APY on savings balances (including Vaults) and 0.50% APY on checking balances.
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Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. In this episode:
Get expert tips on how to pack for travel efficiently and effectively, including clever ways to save on baggage fees.
How can you keep luggage costs down during holiday travel? What are the best strategies for managing carry-on luggage, especially for international trips? Hosts Sean Pyles and Meghan Coyle discuss efficient luggage management to help you understand how to save money on baggage fees. They begin with a discussion of minimizing luggage costs, with tips and tricks on rolling clothes, borrowing essentials from family members, and sticking to a carry-on bag. Then, travel writer Jessie Beck joins Meghan to discuss effective packing techniques, including the benefits of using smaller bags to prevent overpacking, creating a versatile travel capsule wardrobe, and dealing with potential issues like gate-checked bags and delayed luggage. They also cover the importance of miniaturizing items such as wallets, using airline apps and AirTags to track luggage, and understanding airline compensation policies for delayed bags.
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Episode transcript
This transcript was generated from podcast audio by an AI tool.
Sean Pyles:
Are you really bringing all that? Do you need everything in that bag? Are you sure? Couldn’t you do with just one pair of shoes instead of, oh, six? Well, if not, you’re probably going to pay a pretty penny for luggage when you’re traveling over the holidays. We’ve got some timely advice for keeping those costs down.
Jessie Beck:
Once you add on the cost of paying to have a carry-on bag on that basic economy ticket, you might as well just get an economy ticket and be able to be a little bit more flexible. I think that’s the most important thing for me. If I did have to make a last minute change, I can do that penalty-free.
Sean Pyles:
Welcome to NerdWallet’s Smart Money podcast. I’m Sean Pyles.
Meghan Coyle:
I’m Meghan Coyle.
Sean Pyles:
This is episode three of our nerdy deep dive into holiday travel and the costs therein. Meghan, I know there are plenty of folks out there who are strict carry-on only travelers, and I am one of them. I’ve not checked a bag in over a decade.
Meghan Coyle:
Wow! You’re one of them. Okay. There’s a lot to be said for that strategy, as long as you can live with fewer choices. There’s a whole cottage industry around figuring out the best ways to stuff small suitcases and even wear multiple articles and layers of clothing on the plane, so they’re not even in a bag.
Sean Pyles:
I have not gone that far yet. I mostly try to roll my clothes as tightly as possible, so I can still have options while fitting everything in my carry-on. There are multiple reasons to restrict yourself like this, though. One is that your luggage will never be lost.
Meghan Coyle:
Oh, man. Remember that period a couple years back, when people were losing their luggage all over European airports?
Sean Pyles:
Yeah. What a nightmare. When you go carry-on, there’s no losing your bag, no worrying about stuff getting stolen out of it. Another benefit to carry-on only is that you don’t have to pay luxurious fees to check your bags. You could put a kid or two through college for what it costs to have your bag fly in the cargo hold. I exaggerate a little bit, of course. But honestly, the fees are pretty bad when you add them on top of airfare.
Meghan Coyle:
And choosing your seat, and your airplane snacks.
Sean Pyles:
Yeah. I’m carry-on only for two main reasons. The first is that I am impatient. I do not want to wait at baggage claim to collect my suitcase after I’ve spent however many hours traveling. And two, I try to be in control of my own destiny as much as possible. Handing off my bag to some airline and hoping it gets to my final destination is just not how I roll. And yes, that’s a suitcase pun.
Meghan Coyle:
I’m also a carry-on type of person most of the time. I hate waiting at the luggage carousel after a flight. I want to be at my destination already. Sean, not everyone can smoosh everything into a bag that fits in the overhead bin or under their seat. Especially in the winter, and that includes holiday travel. If you’re going anywhere with a possibility of snow, ice, frigid temperatures, you’ve got to have the boots, you’ve got to have the sweaters, you’ve got to have the puffer coats. Or if you’re escaping to the tropics, I don’t know, maybe you need 40 sets of swimsuits. Whatever the reason, if you’re a bag checker, we’ve got some tips for you to try to bring the cost down.
Sean Pyles:
All right. Well, we want to hear what you think too, listeners. To share your ideas and experiences around holiday travel with us, the good, the bad, and the insanity, leave us a voicemail or text the Nerd hotline at 901-730-6373. That’s 901-730-NERD. Or email a voice memo to [email protected]. Meghan, who’s talking luggage with us today?
Meghan Coyle:
Our guest today is Jessie Beck. She’s a San Francisco-based travel writer for Afar, a travel magazine, and she’s done plenty of packing and unpacking in her career. She’ll share her knowledge of all things baggage.
Sean Pyles:
That’s coming up in a moment. Stay with us.
Meghan Coyle:
Jessie Beck, welcome to Smart Money.
Jessie Beck:
Hi, Meghan. Thank you for having me.
Meghan Coyle:
Tell us, what are your travel plans this year for the holidays?
Jessie Beck:
Oh, that’s a good question. For Thanksgiving, my husband and I are going back to the East Coast to visit family. But for Christmas, we’re taking advantage of the fact that we both have a lot of time PTO around that time, so we’re going to go to Japan. See the family another time, when it’s warmer.
Meghan Coyle:
Oh my goodness, that sounds incredible. Have you been to Japan before?
Jessie Beck:
Actually, we’re going back to a hotel that we stayed in in February 2020, right when the pandemic was starting in Japan. Really excited to go back and say hello again.
Meghan Coyle:
Well, let’s get right into it. How much luggage are you taking with you for each of those trips?
Jessie Beck:
I am a pretty avid carry-on only packer. Actually, that last trip I took to Japan in the winter to ski season, I only did with a 40-liter backpack and a small purse as my personal items.
Meghan Coyle:
Okay. How many coats were you wearing on the airplane?
Jessie Beck:
One very large coat, and I was very hot.
Meghan Coyle:
Are you going to do the carry-on only for both your domestic trip and your international trip?
Jessie Beck:
Yes, definitely. I think it’s almost a little easier when you’re traveling to visit family, because I’ve got a sister-in-law I can borrow clothes from. They’ll have extra hats and mittens, and all those kinds of things. If you forget your toothpaste, family will step in. Sports or ski trips can be a little bit trickier to stick to the carry-on luggage.
Meghan Coyle:
Tell us exactly what kind of bag you’re using for these carry-on only trips.
Jessie Beck:
I’ve always wondered how big the backpack cohort is, in terms of luggage enthusiasts. I’ve always used a travel backpack. I really love how much easier it is to move around the world with a backpack. I know some people will disagree with me because they’re heavy, and all that stuff.
Meghan Coyle:
For people who don’t normally travel with backpacks, can you tell us what is the difference between a travel-specific backpack and just the backpack you use to carry your laptop, or to go to school or work?
Jessie Beck:
Oh my gosh. This is so embarrassing, but when I first started traveling a lot in college and right after, I was using this massive hiking backpack that I just found in my parents’ garage. It was way too big. But it was also really difficult to get access to anything within the bag, because a traditional hiking backpack is top-loading, so you’ll usually see the opening of the backpack at the top of it. Maybe you’ll have a zipper at the bottom, to be able to access things at the bottom of the backpack.
But a lot of travel-specific backpacks will have a clamshell opening. They’re opening a little bit more similarly to a suitcase, and that makes it a lot easier to open your bag and see everything that’s inside it without having to take all the stuff that’s on the top out. A lot of them will also have some additional pockets and organizational features. Some of them will also design with carry-on restrictions in mind, so they’re really trying to keep it under that 40-liter limit.
Meghan Coyle:
Yeah. One of the features I really like about my travel backpack, I have one from Dagne Dover, is that it has the sleeve on the back of it so that it can very snugly fit over your carry-on rolling suitcase, if you decide to do both backpack and suitcase. I really love that feature.<br>Let’s get back to your travels. How much is that going to cost you to travel backpack-only?
Jessie Beck:
For just the luggage, I will not be spending anything to bring a bag with me on either flight. I’ve noticed, and this is purely anecdotal, I almost never have my bag gate-checked when I’m wearing a backpack. If there’s any other backpackers out there who have had a different experience, I would love to know. But I am operating under this theory that backpack people don’t get gate-checked as often as suitcase people. Not only am I not spending any money, but I generally keep my luggage with me.
Meghan Coyle:
For people who are going to take a carry-on bag or checked baggage, how much would you say they need to budget for bags if they’re traveling for the holidays this year?
Jessie Beck:
In terms of price for checking a bag?
Meghan Coyle:
Yeah. Or even bringing a carry-on, in some cases.
Jessie Beck:
That’s true. Some airlines are now charging for carry-on bags. I always do that calculation as I’m booking the ticket. For example, I’ve tried basic economy a total of one time.
Meghan Coyle:
Jessie Beck:
I was like, “Okay, I’m a light packer. I can do this. Personal item only, visiting a friend in Chicago in the summer, easy. No problem. Got it.” But I think for most scenarios beyond that, the things you’re losing by going from an economy ticket to a basic economy ticket don’t make that savings worth it, especially if you want to bring a carry-on bag. Once you add on the cost of paying to have a carry-on bag on that basic economy ticket, you might as well just get an economy ticket and be able to be a little bit more flexible. I think that’s the most important thing for me. If I did have to make a last-minute change, I can do that penalty-free, whereas you can’t do that with a basic economy ticket.
It definitely varies by airline. You’re probably going to end up spending somewhere between 30 and 50 each way. Definitely do that calculation and that math before you book your ticket, because if you’re traveling with a bunch of luggage, basic economy is not the way to go.
Meghan Coyle:
I totally agree. It makes it hard to compare prices when you’re looking at basic economy, versus economy, versus budget airlines. There’s so much you have to add up before you make your choice, based on price.
Jessie Beck:
I wish Google Flights had an easy feature where you could add all of that up to the total price of your ticket so you could see the actual cost of what your ticket’s going to be. But in short of that, a simple spreadsheet works. I’m super nerdy, I love a spreadsheet.
Meghan Coyle:
Same, same.
Jessie Beck:
Meghan Coyle:
Tell us what has happened to bag prices this year. If people haven’t traveled since the last holiday season, they might be a little surprised when they do go to check out and see the bag fees.
Jessie Beck:
I’m going to be totally honest, I haven’t been keeping tabs too much on this specific story because I am such a carry-on only packer. Though, one change that I was really excited to see is some airlines are now considering sporting equipment, like bikes, as just a regular bag, whereas previously they were not. That’s something I encountered recently this summer, when I was traveling with a bike. I had traveled with a bike previously on United Airlines, and they were charging me $200 each way to fly with this bike. I was like, “That is ridiculous.”
Meghan Coyle:
Yeah. That could be more than the ticket in some cases, I would imagine.
Jessie Beck:
For domestic, at least, I switched to Alaska Airlines when I was traveling with a bike because they always treated bikes as regular luggage, so as long as it stayed under 50 pounds. But recently, United changed their rules as well, so they, too, are now qualifying a bike as regular luggage. That’s probably the one change I’ve been paying attention to the most because that’s pretty much the only time I ever check a bag, is with a bike.
Meghan Coyle:
One story I’ve been following this year was bag fees not only went up across several airlines, and it’s a pretty nominal amount. Delta, United, American, Alaska, all of those airlines raised their bag fees by $5, in some cases $10. There’s a difference between if you check your bag before you get to the airport, when you’re booking your ticket, or if you wait until you’re literally at that kiosk checking in and you add a bag there. But the one that interested me the most was that JetBlue even added peak and off-peak pricing to their bags. Get this. They basically published a set of dates for peak pricing for your bags, where your bags will cost $5 to $10 more than their normal pricing. Of course, the peak pricing is during the holidays.
Jessie Beck:
Meghan Coyle:
If there is a way to, like you said, visit your family and borrow some toothpaste, I would say if you’re flying JetBlue, this might be a good time to try it out. What are some other ways to save on bag prices?
Jessie Beck:
You brought up one good point, which is that some airlines will charge you more if you’re paying at the airport versus paying for your checked bag in advance. Again, not a ton of money. No one’s going to hate on saving $5 or $10. Credit cards are another good way to save on checked baggage fees. If you have airline-branded credit cards, then you can check that bag for free. That’s a good option if you travel often. If you’re only traveling once or twice a year, I don’t know if an airline-branded credit card is really the best option. But if you are traveling frequently and you have that, that’s something to look into. Or if you’re traveling with other people, try to consolidate so you’re only checking one bag between the two of you, or something. There’s a bunch of ways to get creative and just minimize how much you’re bringing or checking with the airlines.
Meghan Coyle:
It has so many benefits beyond just saving money. If you have just one bag to worry about, it brings you so much peace of mind in other ways of traveling as well. Tell us a little bit about your travel history and when this idea of being team carry-on only really started to resonate with you.
Jessie Beck:
It’s been a process. I started by reducing from that 65-liter, to buying a 45-liter backpack. I traveled with that for quite a while. Including when I was in the Peace Corps, that’s the main luggage that I brought with me, along with a day bag. Then in my two years in the Peace Corps, I actually tried to minimize even further. Mostly because, in the country where I was at, Madagascar, you’re mostly traveling by bus. If your luggage cannot fit in your lap or under the seat in front of you on those buses, it goes above the bus. Which normally, wouldn’t sound like such a bad idea, except it’s not covered. If it rains, your luggage gets wet. I ended up with a soggy bag full of clothes and was like, “I’m never doing this again. I’m just going to bring two outfits next time I travel, because they’re going to stay dry.”
Meghan Coyle:
Oh my goodness.
Jessie Beck:
I’m never putting anything on the roof.
Meghan Coyle:
Yeah. Oh, what a bummer to have soggy luggage.
Jessie Beck:
Meghan Coyle:
What is your packing strategy, then? To be able to fit everything in such a small bag?
Jessie Beck:
It can be intimidating to try and go from a lot of luggage to a very small amount. Just start small, try to reduce what you’re carrying by maybe 10 liters, five liters. Some of the strategies that I’ve found really effective. The first one is get a smaller bag. We all have this case where, if our bag is bigger and we have extra space, we’re going to fill it. I was traveling with a friend to Portland over the weekend, and she had exactly that scenario. She packed everything she needed for the weekend. Then she said she had half of her bag empty, so she decided to just start throwing in some extra sneakers and some extra towels and all these things that she didn’t really need, just because she had the space. I think that’s a really good forcing function, is get a smaller bag. Don’t give yourself the opportunity to pack those things you don’t really need in the first place. That can be a really helpful place to start.
Meghan Coyle:
It’s like when you have a smaller dinner plate and you don’t fill your plate as much.
Jessie Beck:
Meghan Coyle:
Because there’s just less space for it.
Jessie Beck:
Yes, so true. I think there’s probably some psychological reasoning for all of this. But yeah, definitely noticed it works.
Meghan Coyle:
What else are you doing? What is a must pack for you, in terms of your carry-on?
Jessie Beck:
The other two things I do. One, I miniaturize or bring a travel-sized version of everything. I’ve even taken my giant wallet and gotten a super small travel-friendly wallet. It seems like a small thing to just go to a smaller wallet. But when you do that across a bunch of different items, you can get from a medium-sized bag to a small bag worth of things. The other thing I do is I do a travel capsule wardrobe. This is taking that capsule wardrobe approach, but travelizing it. So instead of 30 items of clothing for your full season, which is what a lot of capsule wardrobe enthusiasts will recommend, I’m focusing more on 10 to 12 items of clothing. Plus your PJs, underwear, and no more than two pairs of shoes. I think that’s a big one, too.
Meghan Coyle:
Oh, the shoes take up so much space.
Jessie Beck:
Meghan Coyle:
It’s so hard to choose just two shoes.
Jessie Beck:
I know. It really is.
Meghan Coyle:
Let’s get to what happens if your bag does get gate-checked, you get separated from your bag somehow. Are there any things you do to give yourself some peace of mind so you know you’ll get your bag back or be able to locate it?
Jessie Beck:
The number one thing, always download the airline app. Even if it’s an airline that you don’t fly very frequently, always, always, always download that app before you go. They can provide a lot of information and services just through that app on your phone. A lot of airlines will allow you to track the status of your bag through their app. Whenever the barcode on that tag is being scanned on your luggage, it’s going to update in that app. It’s going to tell you where it is. If you have a connection, it’ll tell you if your bag made the flight with you.
Another thing that other people like to do is putting an AirTag or something similar in their luggage, just to be able to see that location. I do that with my bikes, just because those are really expensive and I want to make sure that they’re not getting lost somewhere. That’s definitely a nice way to keep peace of mind with your luggage.
Meghan Coyle:
What are some airline policies around compensation for delayed or lost bags? Just in case something does happen to it, what should customers know about getting some sort of reimbursement for that?
Jessie Beck:
I know there’s more than one, but definitely Alaska Airlines. Then I think it’s Delta. Both of them will compensate you if your bag is late. I think a lot of people don’t know this, which is a super nice tip to keep in mind. If it takes more than 20 minutes to get to the carousel, you can write in and get some miles as compensation for that bag being late. I forget what Delta’s policy is.
Meghan Coyle:
I think it’s 2,500 miles if your bag doesn’t show up in 20 minutes. So yeah, very similar.
Jessie Beck:
Exactly. That’s a decent amount of miles just for being like, “My bag was 10 minutes late.” And it takes you a couple minutes to write in and say, “Hey, my bag was late. Can you compensate me?” I think a lot of people don’t take advantage of that.
Meghan Coyle:
I agree. It just takes that one extra step of looking up the online form. But then, it’s an easy way to get miles. At least you got a little something for waiting at baggage claim for so long. One other tip I always like to remind people is that your travel credit card might always have some lost luggage or delayed luggage reimbursement. This doesn’t really help in the moment when it’s happening and you’re like, “Where’s my bag?” But it could help you get reimbursement for anything new you had to buy. If they actually did lose your luggage, you might be able to get reimbursed for any valuables in your bag. Something to keep in mind is that you should try to book your travel with a travel credit card that has those kinds of protections if you have one.
Jessie Beck:
Yeah. That’s a really good one to keep in mind.
Meghan Coyle:
Jessie Beck, thank you so much for helping us out today.
Jessie Beck:
Yeah, of course. Thank you for having me. It was great speaking with you.
Sean Pyles:
Jessie’s experience of downsizing her packing is something that I can really relate to. I will admit that I am a recovering over-packer. Historically, I’ve tried to cram as much as possible into my suitcase. But over the past year or two, I’ve gotten much better at selecting just a couple of staples that I can mix-and-match. I may have fewer options on the whole, but it helps me get creative. I’m basically doing a less intentional version of that whole capsule wardrobe thing that you and Jessie talked about. I found that my suitcase is lighter, which makes traveling easier. And I also just have more room for souvenirs from my travels.
Meghan Coyle:
I think the real lesson here is that you do have options. You can take little baby steps to become someone who travels light. Sometimes, you just have to make those decisions based on who you are. Some people are fine wearing the same clothes day in and day out for a week-long holiday stay. Others want a new outfit every day plus room for shopping. We say you do you. But definitely look into some of the ways to cut down on those baggage fees through credit card benefits or other means.
Sean Pyles:
Agreed. As long as you’re prepared for the possibility that your luggage could end up hanging out somewhere in an airport, or even in another country without you, well, then it’s up to you to take that risk. Me? No giant suitcases, no problems. And then I have more money to spend on margaritas.
Meghan Coyle:
Luggage fees versus margaritas, is that what this has come to? I’ll join you.
Sean Pyles:
Meghan, tell us what’s coming up in episode four of the series.
Meghan Coyle:
Next time, we’re going to focus on people traveling internationally, either for holidays or any upcoming trip abroad, and what you should know about traveling with your debit and credit cards. Plus, how to save on getting local currency.
Craig Joseph:
As long as there’s a mobile signal, you can now use a card in a lot of situations where you previously couldn’t. That means you don’t have to carry as much cash, which is obviously safer, and credit card purchase protections cover you from fraud, in case you swipe the card in the wrong place.
Meghan Coyle:
For now, that’s all we have for this episode. Do you have a money question of your own? Turn to the Nerds and call or text us at 901-730-6373. That’s 901-730-NERD. You can also email us at [email protected]. And remember, you can follow the show on your favorite podcast app, including Spotify, Apple Podcasts, and iHeart Radio, to automatically download new episodes.
Sean Pyles:
This episode was produced by Tess Vigeland. I helped with editing. Claire Tsosie helped with fact checking. And a big thank you to NerdWallet’s editors for all their help.
Meghan Coyle:
Here’s our brief disclaimer. We are not financial or investment advisors. This nerdy info is provided for general educational and entertainment purposes and may not apply to your specific circumstances.
Sean Pyles:
With that said, until next time, turn to the Nerds.
When people think of Milwaukee, they often picture its vibrant downtown, lakeside views, and rich brewing history. However, living in Milwaukee extends beyond the city itself, as the surrounding suburbs offer a more relaxed lifestyle while still providing easy access to the city’s many amenities. From historic neighborhoods to bustling suburban hubs, these Milwaukee suburbs each have their own unique character and appeal.
In this ApartmentGuide article, we’ll explore some of the most notable Milwaukee suburbs—highlighting key aspects such as population, average rent, and what makes each area stand out. Whether you’re searching for the perfect apartment in Milwaukee or curious about the various Milwaukee neighborhoods, let’s dive into the best suburbs to call home.
Cost of Living in Milwaukee
Before we dive into the top Milwaukee suburbs, it’s important to consider the cost of living. Milwaukee’s cost of living is about 1% higher than the national average, making it an affordable option compared to many major cities. The median sale price for a home in Milwaukee is about $225,000, while the average rent for a one-bedroom apartment in Milwaukee hovers around $1,725 per month. Suburbs around Milwaukee may vary in affordability, with some offering more luxurious homes and others providing budget-friendly options for those looking to save.
1. Wauwatosa
Known for: Historic charm, proximity to downtown, vibrant local scene
Located just west of Milwaukee, Wauwatosa is a bustling suburb known for its charming, tree-lined streets and historic homes. Often referred to as “Tosa” by locals, this suburb combines small-town charm with the conveniences of city living. Wauwatosa is home to the Milwaukee Regional Medical Center and several top employers, making it a convenient option for professionals. Residents can enjoy a variety of restaurants, boutiques, and coffee shops, particularly in the trendy East Tosa district. With plenty of parks and proximity to downtown Milwaukee, Wauwatosa offers a balanced suburban lifestyle with easy city access.
Population: 48,000 Average rent for a one-bedroom apartment: $1,964 Median home sale price: $385,000 Wauwatosa transportation scores: Walk Score 60, Bike Score 57, Transit Score 43
Apartments for rent in Wauwatosa, WI | Houses for rent in Wauwatosa, WI | Homes for sale in Wauwatosa, WI
2. Brookfield
Known for: Spacious homes, top-rated schools, tranquil environment
Brookfield is a thriving suburban community located just west of Milwaukee. Known for its large homes, top-rated schools, and a focus on quality of life, Brookfield is an ideal choice for those seeking a suburban retreat with easy access to the city. Brookfield Square Mall provides excellent shopping and dining options, while numerous parks offer outdoor recreation opportunities. The suburb is known for its quiet, spacious neighborhoods, making it a popular choice for those looking for a peaceful living environment with plenty of amenities.
Population: 40,000 Average rent for a one-bedroom apartment: $1,669 Median home sale price: $492,090 Brookfield transportation scores: Walk Score 20, Bike Score 33, Transit Score 8
Apartments for rent in Brookfield, WI | Houses for rent in Brookfield, WI | Homes for sale in Brookfield, WI
3. Shorewood
Known for: Walkability, vibrant local culture, lakeside access
Shorewood is a vibrant, highly walkable suburb located just north of downtown Milwaukee along the shores of Lake Michigan. Known for its bustling local scene, Shorewood offers a mix of independent shops, cafes, and restaurants, all within walking distance. The community is highly sought after for its lakeside living, with access to scenic views and waterfront parks. With its diverse mix of housing, from historic homes to modern apartments, Shorewood is perfect for those looking for a dynamic living experience close to both the lake and the city.
Population: 13,000 Average rent for a one-bedroom apartment: $1,741 Median home sale price: $541,000 Shorewood transportation scores: Walk Score 86, Bike Score 82
Apartments for rent in Shorewood, WI | Houses for rent in Shorewood, WI | Homes for sale in Shorewood, WI
4. Whitefish Bay
Known for: Quiet atmosphere, highly rated schools, lakeside living
Whitefish Bay, located just north of Shorewood, is a serene suburb known for its welcoming atmosphere and highly rated schools. This lakeside community offers peaceful neighborhoods, manicured lawns, and easy access to Lake Michigan’s scenic parks. Residents appreciate the walkability of Whitefish Bay, with a quaint downtown area that features a variety of shops, restaurants, and local businesses. Whitefish Bay’s housing market consists of a mix of historic homes and newly developed properties, making it a desirable place for those seeking a quiet, close-knit community near the city.
Population: 14,000 Average rent for a one-bedroom apartment: $1,375 Median home sale price: $505,000 Whitefish Bay transportation scores: Walk Score 46, Bike Score 57
Apartments for rent in Whitefish Bay, WI | Houses for rent in Whitefish Bay, WI | Homes for sale in Whitefish Bay, WI
5. Mequon
Known for: Scenic beauty, large homes, outdoor activities
Mequon is a picturesque suburb located northwest of Milwaukee, offering a blend of natural beauty and suburban living. Known for its spacious homes and large properties, Mequon is a great choice for those seeking more space and privacy. The suburb is dotted with parks, nature preserves, and golf courses, providing residents with ample opportunities for outdoor recreation. Mequon’s quiet, scenic environment makes it a highly desirable place for those who appreciate the outdoors and a slower pace of life, while still being within a short drive of Milwaukee.
Population: 24,000 Median home sale price: $601,000 Mequon transportation scores: Walk Score 11, Bike Score 32
Apartments for rent in Mequon, WI | Houses for rent in Mequon, WI | Homes for sale in Mequon, WI
Methodology: The suburbs included in this list were selected based on their overall popularity, determined by search trends and housing demand in the Milwaukee area. Average rent and home sale price data were sourced from Redfin and Rent.com as of September 2024. Transportation data, including Walk Scores, Bike Scores, and Transit Scores, was sourced from Walk Score.
After sustaining a 23-year high for over a year, the Federal Reserve has elected to slash the federal funds target rate by half a point, dropping from a range of 5.25%-5.50% to 4.75%-5%.
Lenders anticipated that the Fed would move to lower rates by some degree, and began adjusting mortgage rate offers ahead of the September 17-18 meeting: Rates fell 23 basis points in the week ending September 12. (A basis point is one one-hundredth of a percentage point.) This means that home shoppers who still find today’s rates out of budget shouldn’t expect more than modest drops in the coming days.
Why the Fed is moving quickly now
The Fed has held rates steady for the past 14 months in an effort to control inflation. Recent data shows that the economy is moving toward central bankers’ target inflation rate of 2% — the latest Consumer Price Index (CPI) report, a broad measure of price changes for goods and services in the U.S., shows that inflation slowed to 2.5% in August, down from 2.9% in July and 3% in June.
This data alone may have justified a softer cut of 25 basis points to keep inflation on a downward trajectory. However, job growth continued to slow in August, and a fairly weak July jobs report showed the rate of unemployment hitting a three-year high. Unemployment is a leading sign of recession, and the Fed’s decision to reduce rates by 50 basis points indicates that employment may have now eclipsed inflation as the Fed’s chief concern for the economy.
While this is good news for mortgage shoppers hoping to score a lower interest rate, the Fed’s aggressive move may reflect an effort to hold off “more rapidly deteriorating labor market conditions and weakening of the economy,” said Selma Hepp, chief economist and senior vice president at the housing data provider CoreLogic.
Lawrence Yun, chief economist at the National Association of Realtors (NAR), said that the Fed’s choice could be the result of both positive and negative factors. If an unsteady job market is the Fed’s primary motivation, it could mean that central bankers see the possibility of a recession. On the other hand, it could be a good sign “if the Fed has a solid belief that inflation is conquered, even as CPI remains at 2.5%.”
Mortgage rates have further room to fall (but home prices will rise)
Falling interest rates are likely to signal changes across the housing market. Freddie Mac’s August 2024 Outlook projects that the labor market will continue to weaken into 2025. In this scenario, Freddie Mac outlines the probability that mortgage rates will trend downward in the coming months, leading to a “significant surge in demand, mainly from the first-time home buyers left at the margins,” as well as a small uptick in housing inventory as the rate lock-in effect loosens somewhat.
With an influx of buyers and inventory remaining tight, home prices are expected to rise 2.1% in 2024 and 0.6% in 2025. Fannie Mae’s August economic development report projects that mortgage rates will average 6% in 2025.
While Fed watchers are mostly inclined to believe that another cut will come at the November 6-7 meeting, any decision by central bankers will be informed by trends in new economic data as it emerges. One CPI report and two jobs reports will be released between now and then, and what they reveal about the rates of inflation, unemployment and job growth will be a major indicator of when and how the Fed may choose to shift rates.
How home buyers can move forward
Market traders were divided over predictions of what central bankers would do in the days leading up to this September meeting. Those currently shopping for a mortgage should remember that mortgage rates will continue responding to expectations of what the Fed will do, rather than waiting for central bankers to take action. If additional rate cuts are expected, we could see mortgage rates fall even further before the November meeting.
There’s no perfect way to time the market, and buyers holding out for mortgage rates to hit their lowest point will have to contend with greater competition and higher home prices. While it’s understandable to want to get the best deal, the “right time to buy” is determined by personal factors as much as economic ones.
If you can afford to move forward with your homebuying plans now and want to take advantage of refinancing later, you can benefit from strategically keeping your closing costs as low as possible, since you’ll have to pay them again when refinancing. For example, if you’re hoping to refinance in the next year or so, it wouldn’t make sense to pay for points that lower your mortgage rate at closing right now.
However, while it can be useful to think about your refinancing plans when considering your closing options, it’s not recommended that you commit to a mortgage you cannot comfortably afford with an expectation that you’ll refinance later. The lack of consensus among industry experts going into this meeting should underscore the fact that it’s too risky to rely on a concrete timeline of when rates will hit your specific target.
When people think of Richmond, Virginia, they often picture the city’s rich history, vibrant arts scene, and its role as the capital of the Commonwealth. But beyond the city limits lies a network of charming and diverse suburbs that offer peaceful living while maintaining close proximity to the amenities of Richmond. These suburbs provide a wide range of lifestyle options, from quiet, tree-lined neighborhoods to rapidly growing communities with modern amenities.
In this ApartmentGuide article, we’ll explore some of the most notable Richmond suburbs—highlighting key aspects such as population, average rent, and what makes each area stand out. Whether you’re seeking a cozy apartment in Richmond with historic charm or curious about the different Richmond neighborhoods, these Richmond suburbs have something for everyone.
Cost of Living in Richmond
Before we explore the top Richmond suburbs, it’s important to consider the cost of living. Richmond’s cost of living is around 5% lower than the national average, making it an affordable option for many. The median sale price for a home in Richmond is about $375,000, while rent for a one-bedroom apartment in Richmond averages around $1,384 per month. Though the cost of living in Richmond is lower than in many other metropolitan areas, some suburbs offer even more affordable housing options, while others provide more luxurious living experiences.
1. Short Pump
Known for: Upscale shopping, modern amenities, vibrant community
Located just west of Richmond, Short Pump is a popular suburb known for its modern developments and upscale lifestyle. The area is home to Short Pump Town Center, a large shopping mall featuring high-end retailers and dining options, along with numerous residential communities. Short Pump’s schools are among the best in the region, making it appealing to those seeking access to quality education. The suburb also has ample parks and recreational facilities, including Deep Run Park, which offers trails and open spaces for outdoor activities.
Population: 30,000 Median home sale price: $525,000 Short Pump transportation scores: Walk Score 30, Bike Score 32
Apartments for rent in Short Pump, VA | Houses for rent in Short Pump, VA | Homes for sale in Short Pump, VA
2. Glen Allen
Known for: Community-focused environment, convenient location, suburban tranquility
Glen Allen, located north of Richmond, is a well-established suburb known for its peaceful neighborhoods and suburban appeal. With plenty of parks, including Crump Park and Meadow Farm Museum, Glen Allen offers a relaxed lifestyle with easy access to the city. Its proximity to I-95 and I-295 makes commuting to Richmond convenient for residents. Glen Allen’s housing market features a mix of older homes with character and newly built developments, offering a variety of options for those looking to settle in the area.
Population: 15,000 Average rent for a one-bedroom apartment: $1,545 Median home sale price: $410,240 Glen Allen transportation scores: Walk Score 40, Bike Score 41
Apartments for rent in Glen Allen, VA | Houses for rent in Glen Allen, VA | Homes for sale in Glen Allen, VA
3. Mechanicsville
Known for: Historic charm, tight-knit community, suburban living
Mechanicsville, located just east of Richmond, offers a mix of historic charm and modern convenience. The suburb has deep roots in Civil War history, with several historic sites and landmarks scattered throughout the area. Despite its historical significance, Mechanicsville has grown into a bustling suburb with a variety of shops, restaurants, and services. The area is known for its welcoming atmosphere and suburban feel, with easy access to Richmond for commuters.
Population: 37,000 Average rent for a one-bedroom apartment: $1,369 Median home sale price: $384,950 Mechanicsville transportation scores: Walk Score 14, Bike Score 26
Apartments for rent in Mechanicsville, VA | Houses for rent in Mechanicsville, VA | Homes for sale in Mechanicsville, VA
4. Midlothian
Known for: Historic village, high-quality schools, outdoor recreation
Midlothian, located southwest of Richmond, is a historic village that has grown into one of the area’s most popular suburbs. Known for its top-rated schools, Midlothian attracts a wide range of residents, and the area is surrounded by plenty of parks and natural areas. Residents enjoy easy access to outdoor activities at Pocahontas State Park and the James River, which are perfect for hiking, boating, and picnicking. With a blend of historic charm and new developments, Midlothian offers a mix of housing options, from colonial-style homes to modern subdivisions.
Population: 92,000 Average rent for a one-bedroom apartment: $1,801 Median home sale price: $428,000 Midlothian transportation scores: Walk Score 13, Bike Score 27
Apartments for rent in Midlothian, VA | Houses for rent in Midlothian, VA | Homes for sale in Midlothian, VA
5. Bon Air
Known for: Historic homes, serene neighborhoods, proximity to Richmond
Bon Air, located just a short drive from downtown Richmond, is a suburb known for its historic homes and quiet, tree-lined streets. Originally established as a resort community in the late 19th century, Bon Air has preserved much of its historic character while offering modern conveniences. Its location makes it ideal for those seeking a peaceful suburban lifestyle with easy access to the amenities of the city. Bon Air’s housing market is filled with charming older homes, many of which feature unique architectural styles.
Population: 16,000 Median home sale price: $435,000 Bon Air transportation scores: Walk Score 29, Bike Score 24
Apartments for rent in Bon Air, VA | Houses for rent in Bon Air, VA | Homes for sale in Bon Air, VA
6. Tuckahoe
Known for: Quiet neighborhoods, high-quality schools, strong sense of community
Tuckahoe, located west of Richmond, is a peaceful suburb known for its quiet neighborhoods and highly-rated schools. The area is primarily residential, with a mix of established homes and newer developments. Tuckahoe offers easy access to shopping centers, parks, and recreational activities, providing a balanced lifestyle for those looking to escape the busier pace of downtown Richmond. Its location makes it a convenient option for commuters while offering a suburban feel.
Population: 45,000 Median home sale price: $427,500 Tuckahoe transportation scores: Walk Score 30, Bike Score 31
Apartments for rent in Tuckahoe, VA | Houses for rent in Tuckahoe, VA | Homes for sale in Tuckahoe, VA
Methodology: The suburbs included in this list were selected based on their overall popularity, determined by search trends and housing demand in the Richmond area. Average rent and home sale price data were sourced from Redfin and Rent.com as of September 2024. Transportation data, including Walk Scores, Bike Scores, and Transit Scores, was sourced from Walk Score.