Is Renting On Airbnb Cheaper Than Staying At A Hotel? A Graphic Comparison Of US Cities

Airbnb has become one of the go to sites for travelers looking for a more authentic experience while traveling. After all, if you are in a city for more than a few days, it’s certainly more comfortable to have your own kitchen and space for chilling out after hours of adventuring.

But it’s not just about having a cool place to stay. Renting from individuals on Airbnb is cost effective as well.

Pricenomics did an official breakdown of hotel vs Airbnb prices. Overall, you will save yourself about 21 percent if you rent an entire Airbnb apartment, and 49 percent for a single room. Of course, there are some places where your wallet will be happier opting for the hotel option than for a full apartment – Las Vegas and Houston, for example.

Often times full Airbnb apartments are around the same price as hotels, but pack them full of a few travel buddies and not only do you have a cheap place to stay but an instant travel party as well.

Check out the full findings and infographic here.

Via: Fast Company

NYC tops U.S. list of most expensive cities

It’s not exactly shocking to see that New York City is the most expensive city in the United States. Groceries, gasoline and other items tend to run a tad more than twice the national average. Whether you rent or buy, you’ll spend a fortune in this city, where the average price for a home is $1.1 million and an apartment, on average, will cost $3,400 a month.

So, how can so many bloggers live here? Remember: these are averages. That means someone has to be on the underside of them.

Housing prices were also among the reasons why San Francisco, San Jose, Los Angeles and Washington, D.C. worked their way into top spots on the list. Average home prices shot past $600,000 in all four of these cities. In Austin, the average home price is a much more modest $226,998, and it’s even more comfortable in Nashville, at $201,020.

The measure used to determine the cost of leaving in each of the cities is based on expenses in six categories: groceries, housing (rent/mortgage), healthcare, utilities, transportation and miscellaneous items. The prices of 57 goods in these categories were used.Six of the most expensive cities in the country are in California, with four of them among the top 10. Texas has four – Austin, San Antonio, Houston and Dallas. Most of the costliest cities are on the two coasts, though Chicago (14), Las Vegas (18), Phoenix (25) and St. Louis (35) made the top 40.

The most surprising appearance on the list of most expensive places to live is Detroit. Even though it’s plagued by unemployment of 16.7 percent, utilities are expensive. Electricity costs an average of $243.56 a month, compared to a mere $141.64 in Atlanta.

The ten most expensive cities on the list are:

  1. New York City
  2. San Francisco
  3. San Jose
  4. Los Angeles
  5. Washington DC
  6. San Diego
  7. Boston
  8. Philadeplhia
  9. Seattle
  10. Baltimore

Check out the full list here.

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[Photo via MigrantBlogger]

Which U.S. cities charge travelers the most taxes

Perhaps you’ve been one of those folks to receive your hotel bill and you clutch your chest in dismay. “My word! How can this be?” you exclaim.

You didn’t touch your mini-bar. You didn’t use the phone. You didn’t slip so much as a washcloth into your luggage. Still, your bill is well over what you expected. What you thought was a bargain vacation has turned into more than you counted on. How come? Taxes, my friend.

The National Business Travel Association recently released information from its study that ranks cities according to the ones that charge the most in taxes and those that charge the least. Taxes on hotels, restaurant meals and gasoline are a handy way for cities to generate revenue. How much revenue depends upon the city. Some cities are a bargain where taxes are concerned. It doesn’t mean they are cheap cities. Their expensive factor is not due to taxes.

Would you guess that Honolulu is the least expensive city tax wise? Three of the other four cheapest tax cities are in Florida. Maybe there is enough revenue generated by tourism in each of them.

The most expensive city for taxes is Chicago.

Here are the top five cities in each category. To read the report on the other 50 cities, click here. A warning, though. Reading the report can make your head swim.

Lowest

  1. Honolulu
  2. Portland, Oregon
  3. Fort Lauderdale, Florida
  4. Fort Myers, Florida
  5. West Palm Beach, Florida

Highest

  1. Chicago, Illinois
  2. Nashville, Tennessee
  3. Charlotte, North Carolina
  4. Seattle, Washington
  5. Houston, Texas

Thanks to Steve Stephen’s recent article in the Columbus Dispatch for this heads up on travel costs that can sneak up on you when you’re trying to budget.