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Reply to "Where to live in America or the world that's cheap with excellent schools?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Look at where college professors at great schools live. They want their kids educated well but don't always have the budget for an expensive privates. They also volunteer at their kids' schools. Areas like Pittsford, New York have dirt cheap real estate and good public schools. [b]Areas like Roland Park, where many Hopkins professors live have less expensive private schools that punch above their weight.[/b][/quote] Yes, no one has mentioned Baltimore yet, likely because people on this board are allergic to it. But privates in Baltimore are more affordable than in NYC and DC, and real estate is cheaper. You have to be selective about neighborhood, but if you are really looking to get out of a hyper-competitive, more more more culture, Baltimore is a good option. Roland Park is really nice, and even has decent public elementaries if you want to wait until MS for private (no idea how old OP's kids are). Baltimore also has great food, good sports culture, and a decent amount of entertainment, plus is a short train ride from DC and only a slightly longer one from Philly or NYC if you want something more from time to time. One thing to look at with Baltimore is city property taxes. This was what kept us from relocating there from DC. It would still be cheaper to live there, for sure, but what held us up was the high taxes combined with limited or zero appreciation on real estate. It just didn't work with our long term financial plans, despite the lower COL. But I think it would work for someone willing to rent and just invest their money elsewhere, or if you were buying for cash with no mortgage, as the taxes would still be way cheaper than rent in NYC and then you'd just invest your remaining income more aggressively.[/quote] Didn't mention because want to keep that a secret. That area of town is lovely. There, it's out there now.[/quote]
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