Growing your family can be exciting. But house hunting and minivan shopping get old quickly. Suddenly, you’re consumed with worry about how to budget for additional family expenses, such as child care and diapers. Most assume the urban lifestyle won’t suit new obligations that come with raising young children and guess the most cost-effective solution is to move outside of town.
Well, according to a study from Care.com and Zillow, some suburbs aren’t exactly the money-savers they’re cracked up to be. In fact, it might be cheaper to live in the city. But wait, didn’t Monica and Chandler ditch the hustle and bustle of New York City to raise a family in the suburbs in the series finale of Friends? Yes, they did. And that probably was the less expensive option. But before you cut ties with your urban oasis for a life of white picket fences and lawn mowers, know that a quieter life isn’t always cheaper.
In Care.com and Zillow’s report researchers compared urban verses suburban rates to find where families can really get the most bang for their buck. Mortgages, property taxes, babysitters, and nannies can drain the life out of your wallet living in the suburbs, too.
Let’s take a look at the 15 worst suburbs to move to if you’re trying to save money.