Every now and then, The New York Times gives us an awesome new personal-finance tool. Back in 2007, they created an amazing rent vs. buy calculator, which they’ve diligently updated and maintained over the past fifteen years. A couple of weeks ago, they unveiled their where should you live? tool. [Warning: possible paywall, which is unfortunate.]
Here’s how it works:
We created a quiz using data for almost 17,000 places across more than 30 metrics. Realtor.com shared housing prices with us; Yelp contributed tallies of restaurants, music venues and gay bars; and AccuWeather helped us collect statistics on temperature, sunshine and snowfall, to name just a few of our sources.
We want the quiz to be useful to anyone whoâs thinking about moving â not just affluent, highly educated people who are working remotely because of the Covid pandemic. Weâve included data on affordability, jobs and abortion rights, which could be relevant to young people deciding where to start their careers. And weâve quantified health care quality, snowfall and crime rates â criteria that might be top of mind for retirees.
To use the tool, you select from 35 different factors that matter to most people, factors ranging from population density to climate to racial diversity to political affiliation. You can even emphasize the qualities that matter most to you. The tool tells you which American cities best match your preferences.