Housing costs are rising far faster than income, creating an alarming affordability crisis in America, reports the Center for Housing Policy in its study "Paycheck to Paycheck: Wages and the Cost of Housing in America." Housing costs in southeast Florida:
| Market | 2005 Median Home Price | 1-Bedroom Rent | ||
| Fort Lauderdale | $210,000 | $830/Month | ||
| West Palm Beach | $245,000 | $761/Month | ||
| Miami | $225,000 | $775/Month | ||
Source: Center for Housing Policy |
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For more information: nhc.org/housing