Transportation Costs Can Trump High Home Costs

Posted: July 14, 2026 | Source: www.floridarealtors.org

To solve the affordability problems from high prices and mortgage rates, some people buy a home far from where they work and socialize. According to the U.S. Bureau of Labor Statistics, half of household spending in 2024 went toward housing (33%) and transportation (17%). That is changing the math behind the traditional home-buying recommendation to “drive until you qualify,” particularly in areas that lack public transportation.