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QUESTION:  Does the Geographic Assessor's Two City Comparison profile 'renter only' analyses?

 

The original Two City Comparison table only reports summary cost-of-living differentials based on the rental housing market and benchmark assumptions for each earnings level. In the original Two City Comparison table, too many variables affect a home ownership analysis for ERI to make an appropriate set of assumptions for a cost-of-living comparison based solely on inputted earnings levels.  However, the updated Two City Comparison table is designed to allow you to input the many additional variables (down payment and interest rate information, for example) that affect a home ownership comparison. The updated Two City Comparison table includes cost-of-living data for both rental and home ownership scenarios. (To upgrade your subscription of the Geographic Assessor to include the updated Two City Comparison table, contact info.eri@erieri.com.)

 

For a detailed explanation of ERI cost-of-living methodology, please refer to the documentation for the Relocation Assessor.