Londoners pay a 42,700 premium to live close to a train or Tube station, new research suggests. A property in the capital that is 500m (0.31 miles) away from a station is 8% more expensive than a similar property 1,500m (0.93 miles) from one, a study by Nationwide found. In contrast, the premium is 4.9% (10,900) in Manchester and 4.6% (8,800) in Glasgow, the building society's study discovered.
The most affordable lake town in the U.S., according to their rankings, is Grenada, Mississippi. Located in north-central Mississippi, about 1.5 hours from both Jackson and Memphis, Grenada has a very low cost of living (just $2,493 a month) thanks in part to low average mortgage costs, which are around $708 a month. The average value of a single-family home is $123,711, and the median household income is $42,470.
Western Springs, Illinois took first place, while Massachusetts' own Lexington and Winchester placed second and third. Lexington experiences a property crime rate of 2.937 per 1,000 and a violent crime rate of 0.294 per 1,000. The annual cost of living there runs about $145,764 per household. The mean household income in the area sits just above $300,000. The average value for a single-family home in Lexington is $1,697,821.
According to Theiss' research, the Brooklyn-to-Staten Island migration came from just four neighborhoods - Sunset Park, Bensonhurst, Borough Park and Bay Ridge - and was most likely fueled by a disparity in real estate prices. Redfin's data showed that Brooklyn's median home sale price hovered at $850,000 in the first five months of 2025, while the average Staten Island home fetched approximately $712,000 during the same span.
