Big-city living seems to draw people in easily. With the promise of job opportunities, a multitude of food choices, and plenty of activities around every corner, it’s easy to see why the city could seem so tempting. Along with all those fantastic pros, city life also brings a higher cost of living, a higher crime rate, and even higher insurance rates. If you live somewhere with a large population, be prepared to spend the money to do so. On top of paying more for your living situation, you are also putting yourself at higher risk to be the victim of a crime, and your insurance will expect some compensation for covering you in such a high-risk area. This means you can expect to pay a lot more for coverage in a big city.
Read More
