The late January auction of iconic Hamptons estate ‘La Dune’ marked the first time a property was included in an art auction at Sotheby’s. The $88.48 million winning bid on ‘La Dune’ also made the estate the most valuable property ever auctioned live at Sotheby’s.
‘La Dune’ was included in Sotheby’s weeklong ‘Visions of America’ auction, which included art and luxury items that showcased “the heights of American craftsmanship in the finest art and objects.”
The estate consists of two residences on a four-acre property on Gin Lan in the Southampton area of Long Island. The residences were offered individually and collectively via Sotheby’s Concierge Auctions in partnership with Harald Grant of Sotheby’s International Realty, Tim Davis of The Corcoran Group, and Cody Vichinsky, the president and founding partner of Bespoke Real Estate.
Bidders from North America and the Caribbean competed for the residences in the auction room, on the telephone via a team of specialist and online. Ultimately, both residences sold to a single bidder, with the winning bid being 121.2% higher than the opening bid.
“The remarkable final sale price for ‘La Dune’ reflects its stunning design, exclusive address, and historic pedigree,” said Chad Roffers, the founder and CEO of Sotheby’s Concierge Auctions, who recently appeared on HousingWire’s Power House Podcast. “It’s a result that our team, as the world’s leading luxury property auctioneer, is best positioned to obtain. We deal in real market value, which is ultimately measured by what a group of qualified bidders are willing to pay for a unique, one-of-a-kind piece of real estate like ‘La Dune.’”
Boasting more than 11,000 square feet with 10 bedrooms, eight bathrooms and staff quarters, ‘La Dune’s’ main house was designed by Stanford White. The second residence, which was built in 2001, was designed by French architect Francois Cartoux.
“I am pleased to have partnered with Sotheby’s Concierge Auctions on yesterday’s sale of the iconic ‘La Dune’ residence,” Grant said in a statement. “This extraordinary oceanfront compound represents one of the finest offerings in the Hamptons; it is no surprise that this auction resulted in a record sale.”
The $88.48 million sale includes a 12% buyer’s premium that goes to the auctioneers and the real estate brokers who marketed it. ‘La Dune’ has been listed on and off since 2016, and was once asking $150 million.
In 2022, Sotheby’s Concierge Auctions broke the world record for the most expensive residence ever sold at auction and the highest sale for any U.S. property listed that year, with the successful auction of the $141 million California estate, known as ‘The One.’
Calvin Cordozar Broadus Jr., aka Snoop Dogg, has had many impressive wins over his long-spanning career. However, there’s one notable triumph that often flies under the radar – his real estate prowess.
While he’s been dropping beats, he’s also dropped and set firm roots in a sweet neighborhood.
Believe it or not, he bought the property for less than $1 million.
The palatial estate was reconstructed to ensure it was fit for one of the OG kings of hip-hop. It has now doubled in value, thanks to major improvements and additions to the property.
While Snoop has multiple mansions, his Diamond Bar, California home has been his main residence for over 20 years! Some celebs buy, sell, and trade their houses like it’s a game of Monopoly but Snoop likes to chill back and enjoy when he’s found a good deal.
Before this bargain purchase, the rapper also had another Californian mansion under $1 million, which he sold for more, earning him around $2 million. His real estate moves are as slick as his rhymes!
Snoop Dogg’s first-ever mansion in California
Snoop was discovered by hip-hop legend Dr. Dre back in 1992. He was signed to Death Row and soon dropped his debut album Doggystyle.
After his career took off, he purchased his first mansion in California for $660,000. The Mediterranean-style home originally had 3,700 square feet of living space and was later expanded to 6,527 square feet.
This major renovation saw the value of the home shoot up, enabling Snoop to sell the house for a nifty profit in 2007.
The eight-bedroom home is located in a cul-de-sac in a quiet neighborhood in Claremont, California. Snoop proudly showcased the property in an episode of MTV Cribs and also introduced his family and pack of dogs to the audience.
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His longtime Diamond Bar mansion was purchased for only $720,000
Following the sale of his first mansion, Snoop moved to Diamond Bar, where he bought his beloved home for $720,000.
The gorgeous mansion that has been serving as Snoop Dogg’s house for well over 20 years now has about 4,000 square feet of living space and sits on 2.8 acres of land in a gated community.
The four-bedroom, four-bathroom mansion offers luxurious living, with a spacious living room, a formal dining room, a modern kitchen, and a library.
Outdoors, there is a large pool with a jacuzzi, an outdoor patio, and a basketball court. As the home is on top of a hill, panoramic views of the area surround the property.
Snoop loved the community so much that he bought another house on the same street, just minutes away from his main mansion.
According to reports, he only uses his second house as a place where he can relax, play, and work on his music. The three-bedroom house was transformed into a fully functioning recording studio with the best equipment.
See also: 12 most expensive rapper houses: Drake, Jay-Z, and Kanye in the lead
If you didn’t know yet, then let us tell you – Snoop doesn’t play when it comes to his office. It’s go big or go home for this guy and we definitely can’t help but admire his passion for his craft.
Snoop’s music studio complex — The Compound — was custom-made to look like a spaceship
The rapper linked up with Westlake Pro design to create a music studio complex modeled after a spaceship.
The futuristic space dubbed “The Compound” is located in Inglewood, California, and features state-of-the-art technology, recording consoles, and custom furniture.
It has three main rooms named Starship, Battleship, and Mothership — and each area is designed with significant decors, memorabilia, and music equipment.
On the hallways of his music studio, Snoop paid tribute to the greats who have inspired his career.
A mural of N.W.A, which he called “the backbone of West Coast hip-hop”, is displayed proudly alongside Star Wars artwork, as well as framed posters of Snoop’s albums and other prized possessions.
His wife of 26 years, Shante Broadus, also has a special spot in The Compound — a dance studio that pays tribute to performers like Janet Jackson, Beyonce, and Michael Jackson.
The property also houses some of the rapper’s impressive car collection, which includes a Ferrari, a Rolls-Royce Phantom VII, and several classic lowriders.
Currently, the rapper has been busy growing his empire. His career has now come full circle, as he acquired Death Row records in 2022.
“I am thrilled and appreciative of the opportunity to acquire the iconic and culturally significant Death Row Records brand, which has immense untapped future value,” the hip-hop icon said.
“It feels good to have ownership of the label I was part of at the beginning of my career and as one of the founding members. This is an extremely meaningful moment for me… I’m looking forward to building the next chapter of Death Row Records.”
And we’re looking forward to seeing what comes next!
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Across the United States, many homeowners are saying yes to renovating their homes in 2024.
Key findings from Opendoor’s 2024 Home Decor Report reveal that Americans plan to spend an average of $5,635 on home remodeling projects this year. This money will be invested to breathe new life into their existing spaces.
See: 10 Expenses Most Likely To Drain Your Checking Account Each Month Learn: How To Get $340 a Year in Cash Back — for Things You Already Buy
What are Americans prioritizing with their home renovations? GOBankingRates spoke with several experts in the renovation business to learn more about homeowner ideas for improving their spaces in the year to come.
Updated Kitchen Appliances
Investments are being made in the kitchen this year, especially when it comes to updating appliances. According to Opendoor’s report, updated kitchen appliances may potentially help with resale value when and if homeowners decide to sell their homes.
When deciding which appliances to replace, Stephanie Duncan, senior home designer at Opendoor, recommends opting for sleek, stainless-steel appliances. These appliances, like a new refrigerator and stove, should inspire potential buyers to imagine life in that kitchen — and encourage them to make an offer right away.
As an additional shopping pro tip, Duncan said you don’t need to buy the most expensive appliances on the market.
“While it is important to have updated appliances, it is not necessary to buy the top-of-the-line options. Not overspending on the most luxe brands will ensure people see a return on their investment,” said Duncan.
View: 4 Red Flags as You Check Your Bank Statements Every Month More: How To Survive on $500 a Month: A Frugal Living Guide
Sponsored: Owe the IRS $10K or more? Schedule a FREE consultation to see if you qualify for tax relief.
Stained Wood Makes a Comeback in the Kitchen
Stained wood tones are making a comeback in kitchens as more homeowners move away from head-to-toe white kitchens. Julie Hampton, interior designer and project director at Freemodel, said some of the popular stains she sees range from light cerused oak to inviting medium hickory shades.
The good news for buyers is that it’s cost-effective to shift cabinet finish from paint to stain. According to Hampton, homeowners who choose stain over paint can save $3,000 to $5,000 on their project.
Related: What Is the 75/15/10 Rule? A Simple Path to Financial Wellness
Upgraded Kitchen Cabinet Hardware
The spotlight is on kitchen cabinets and cupboards this year.
Buyers trying to avoid overspending on their kitchen renovations are recommended by Duncan to upgrade knobs and handles on their cabinets or cupboards. Switching the hardware out is an effective way to upgrade these spaces without needing to buy new pieces.
Storage as a Decorative Element
Buyers this year are getting inspired by organization-themed TV shows, Instagram Reels and TikTok when it comes to kitchen storage for specific purposes.
Amber Shay, national VP of design studios at Meritage Homes, has seen everyday items, like snacks and supplies, being organized into specific pantry containers. Shay said there’s also storage being used as a decorative element with containers in fun colors and designs to match the décor scheme.
For the full kitchen, Hampton said buyers can expect to spend $3,000 to $6,000 on customizing cabinet interiors. Other options to explore, if you have a big budget to work with, include appliance garages or pantries with pullout shelves.
Those on a budget can still customize their cabinet interiors. “Homeowners should budget $150 to $1,200 for each cabinet to add options such as drawer pullouts, appliance lifts or converting a cabinet with doors to drawers,” Hampton recommended.
Read: 5 Frugal Habits of Barbara Corcoran
Sanctuary Bathrooms
The primary bathroom is getting a makeover as a relaxing retreat inside homes.
Buyers seeking to create a luxurious, spa-like atmosphere in their bathrooms are recommended by Shay to explore the following investments:
Adding vintage rugs, art and other décor to make the primary bathroom look and feel like a welcoming place of respite. (Opendoor’s survey notes Americans spend an average of $1,599 per year on home décor.)
Embracing matte black. “A matte black faucet seamlessly blends with on-trend iron and aged brass light fixtures in a bathroom,” said Shay.
Using plants as accessories. This helps bring the outside indoors.
Hotel-Style Living Rooms
Buyers don’t need to spend a lot of money to create a stylish living room that they love.
“Think of items like upscale hotel-style bedding, monogrammed towels, cozy throw pillows or a stylish mirror. You can keep your eye out for original art when you’re on the hunt for furniture at thrift stores,” said Shay.
“Also, consider investing in a high-quality area rug that’s designed to look like a priceless heirloom — it can set the tone for the entire space,” she added.
Discover: 9 Frugal Secrets I Learned From Growing Up Poor
Eco-Friendly Laundry Room Solutions
More homeowners are prioritizing eco-friendly solutions in their laundry rooms.
Hampton uses the example of homeowners choosing to air-dry clothes instead of putting them into the dryer. This choice is both environmentally friendly and causes less damage to garments.
“Laundries may include pullout drying racks that are hidden in the cabinets to maintain the aesthetic,” said Hampton. “Popular systems with installation cost around $1,500.”
Interior Painting Is the Second Remodeling Priority
According to Opendoor’s survey results, kitchens are the number-one remodel priority for homeowners with the number two slot going to interior painting. (New lighting fixtures and new floors take the third and fourth priority spots, respectively.)
As far as which colors are popular with buyers, Duncan said subdued greens and blues are emerging to the forefront. Both shades offer grounding and stability to homeowners.
Shay also agrees with Duncan’s color assessment, adding in her color recommendations of sea blue and darker, moody blues for interior painting.
Buyers who choose sea blue will be able to complement any marble and other natural stones in a space or use it as a fun accent while a moody blue is ideal for a sophisticated and dramatic space. If you dare create a bolder look in your home, Shay said to use dark blue as an interior wall or ceiling color or for painted cabinets and furniture.
More From GOBankingRates
This article originally appeared on GOBankingRates.com: Experts: Here Are 8 Home Renovations Buyers Want the Most in 2024
With so much to offer, the cheapest places to live in Arizona consist of picturesque and popular cities, so no matter your budget, you’ll find the perfect home.
Arizona’s average rent prices
From the upscale city of Scottsdale to the college town of Tempe, rents throughout the state sit on the more affordable side. For example, a one-bedroom apartment will cost you $1,322 on average per month.
While that number is up by almost 8 percent over last year, it’s still close to the median rent for the entire U.S.
The cheapest cities in Arizona for renters
You don’t have to live in Phoenix to experience what makes Arizona such a great place to live. Although this big, capital city has a lot going on, you do have alternatives that keep you close by, but at a more affordable price. Opting for a smaller city can improve your cost of living without sacrificing access to activities and fun.
Give your monthly budget a break. Consider one of the cheapest places to live in Arizona as your new home.
10. Queen Creek
One-bedroom average rent price: $1,189
Average rent price change: -8.18%
With an easy commute to Phoenix, Queen Creek gives you the benefits of small-town living without being far from an urban center. This laid-back community offers horseback riding, more than one mountain range to explore and four 18-hole golf courses. Queen Creek’s proximity to the airport also makes it an affordable place to live even if you spend a large amount of time traveling.
This family-friendly, innovative city continues to grow without losing its reputation as one of the best-kept secrets in Arizona.
9. Litchfield Park
One-bedroom average rent price: $1,152
Average rent price change: -13%
Dotted with palm and orange trees, the unique appearance of Litchfield Park only cements its reputation as another local gem within Arizona. Full of beautiful homes, sidewalk cafes and casual and comfortable public spaces, you can find a cozy feel at the right price.
When it’s time for a little luxury, you won’t have to go far. The Wigwam, located in Litchfield Park, has served as an elegant retreat for more than a century. With more than 400 acres of amenities, restaurants, golf courses and more, it’s a definite bonus to have somewhere to pamper yourself within such an affordable area to live.
8. Avondale
One-bedroom average rent price: $1,118
Average rent price change: 7.22%
Known as one of the primary suburbs of Phoenix, Avondale is a quickly growing city with plenty of open space, recreational amenities and employment opportunities. Located where the Sierra Estrella Mountains and Agua Fria and Gila rivers meet, Avondale continues to develop. A new city center is currently underway to bring even more to this affordable town.
7. Glendale
One-bedroom average rent price: $1,097
Average rent price change: 0.98%
With a downtown labeled as one of the best shopping districts in the country, Glendale has a diverse history that residents treasure. One of the four largest cities in Arizona, it offers something for everyone from annual music festivals to a water park to the University of Phoenix Stadium, which hosted the 2015 Super Bowl.
Giving off a modern vibe and providing a lot of entertainment options, it’s no wonder Glendale is one of Phoenix’s most popular suburbs to call home.
6. Goodyear
One-bedroom average rent price: $1,078
Average rent price change: 45.33%
More than 20,000 acres of recreational parks, 47 miles of trails and more than 100 miles of paved bike routes all make Goodyear a perfect city for those who prefer an active lifestyle. It’s also home to the Goodyear Ballpark where you can catch the Cincinnati Reds and Cleveland Indians during spring training.
Named for the well-known tire company, Goodyear offers a safe, small-town feel, with affordable housing, only 20 minutes from Phoenix.
5. Mesa
One-bedroom average rent price: $1,052
Average rent price change: 0.29%
For a dose of natural history, Mesa is an ideal place to live. Home to the Mesa Grande Cultural Park, you can see a centuries-old ceremonial mound and learn more about the native Hohokam people. You’ll also find the Arizona Museum of Natural History and the i.d.e.a Museum here.
This nicely-priced town sits alongside the Tonto National Forest, the fifth-largest forest in the United States. Mesa keeps you active and outdoors as you enjoy living in some of the best weather in the country.
4. Casa Grande
Source: Rent. / Courtyard Apartments
One-bedroom average rent price: $914
Average rent price change: -6.17%
Situated halfway between Phoenix and Tucson, Casa Grande provides a relaxing atmosphere for those who want to live in Arizona without the bustle of a big city. Residents golf year-round when they’re not walking through the historic downtown area, hiking, biking or enjoying local community-wide events.
With historic charm and a lot of amenities, Casa Grande looks to create an ideal quality of life for residents at a price everyone can afford.
3. Tucson
One-bedroom average rent price: $835
Average rent price change: 5.50%
The biggest Arizona city on the list, Tucson encompasses a huge amount of space in the southern part of the state. Nestled in the Sonoran Desert, there’s a good chance you’ll see a giant saguaro cactus from your own apartment window.
With all the amenities of a large city — like resorts, golf and amazing shopping and restaurants — and the beauty of mountain ranges and desert landscapes, you get the best of both worlds in Tucson without having to break the bank.
2. Yuma
One-bedroom average rent price: $759
Average rent price change: -4.18%
Overlooking the Colorado River, Yuma is home to the Marine Corps Air Station and thousands of Marines and their families. It’s also a popular destination for snowbirds, residents who spend only the cold winter months living comfortably in the Arizona sun. They double the city’s population during the first few months of each year.
No matter the population size, Yuma strives to preserve its culture and heritage alongside its wide array of outdoor activities. The city is also close to Mexico and San Diego, offering opportunities for easy getaways you won’t find everywhere in the state.
1. Sierra Vista
One-bedroom average rent price: $663
Average rent price change: 17.87%
Living in Sierra Vista gives you a perfect balance between an active, engaged lifestyle and affordability. Mixing a smaller population with big-city amenities, Sierra Vista is also a popular spot for those interested in technology. This is, in part, thanks to the tech-forward missions at Fort Huachuca.
The city supports a healthy mix of young professionals and those looking for a slower pace of life. It has received distinctions as both a best place to retire and a best place to live, work and play. And, that’s all for less than what you’d pay in many other cities around the country.
The 10 most expensive places to call home in Arizona
Looking for a little upgrade in where you call home in Arizona? For some extra luxury in your rental, check out the most expensive places in the state to call home.
Methodology
Rent prices are based on a rolling weighted average from Apartment Guide and Rent.’s multifamily rental property inventory of one-bedroom apartments. We pulled our data in December 2020, and it goes back for one year. Our team uses a weighted average formula that more accurately represents price availability for each individual unit type and reduces the influence of seasonality on rent prices in specific markets.
We excluded cities with insufficient inventory from this report.
The rent information included in this article is used for illustrative purposes only. The data contained herein do not constitute financial advice or a pricing guarantee for any apartment.
Lesly Gregory has over 15 years of marketing experience, ranging from community management to blogging to creating marketing collateral for a variety of industries. A graduate of Boston University, Lesly holds a B.S. in Journalism. She currently lives in Atlanta with her husband, two young children, three cats and assorted fish.
Looking for the best jobs for single moms? Being a single mom can be hard because you have to manage both your job and taking care of your kids. There are not many hours in a day, so it’s probably important to you to find a job that pays you a good income and lets…
Looking for the best jobs for single moms?
Being a single mom can be hard because you have to manage both your job and taking care of your kids. There are not many hours in a day, so it’s probably important to you to find a job that pays you a good income and lets you take care of your children.
The good news is that nowadays, there are many stay at home jobs for moms. This means you don’t have to follow a strict 9-to-5 schedule, making it easier to balance work and family. There are also many in-person jobs that allow you to have a better schedule to match your children’s schedule (such as when they are in school!).
Whatever you may be looking for, there are many flexible jobs for single moms. Continue reading below to learn more!
Best Jobs for Single Moms
Below is a quick summary of some of the best jobs for single moms.
Bookkeeper – You can organize the finances for businesses and have flexible working hours. With quick training, entry-level bookkeeping jobs might start at around $20 per hour, but with experience, you could earn a lot more.
Blogger – Bloggers get to work from home and make their own schedule, which is great for anyone, including single moms.
Teacher – Teaching probably aligns well with your child’s school schedule. Whether full-time, substitute, or part-time, teaching can be a good choice.
Virtual Assistant – This job involves helping businesses with tasks online, and you can typically make your own schedule.
Childcare provider – If you enjoy taking care of children, providing childcare for others while watching your own can, at the same time, be a way to earn money.
Below, you can learn about each of these, as well as many more of the best jobs for single moms.
1. Blogger
Blogging is one of the best jobs for single moms, and this is because you can work from home, make your own flexible schedule, and be your own boss; these are all reasons why I think it’s one of the best jobs for single moms who stay at home.
Plus, to start, you don’t need a lot of stuff – just a computer and internet.
I do this myself while taking care of my daughter, Marlowe. Blogging lets me travel whenever I want, make my own work schedule, earn good money, write about topics I like, and I really enjoy having a blogging business.
I started Making Sense of Cents in 2011, and since then, I’ve earned over $5,000,000 with my blog. When I began, I didn’t know it would become one of the best jobs for stay-at-home moms. Now, blogging lets me have a flexible schedule and spend lots of time with my daughter. It’s been a great way to balance work and family for me.
You can learn how to start a blog with my free How To Start a Blog Course (sign up by clicking here).
In this free course, you will learn:
Why you should start a blog today
How to decide what you should write about
How to create a blog (this will go over the actual step-by-step process)
How to make income from your blog
How to get people to read your blog
And more!
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Want to see how I built a $5,000,000 blog?
In this free course, I show you how to create a blog, from the technical side to earning your first income and attracting readers.
2. Day care (and bring your kid)
Finding a job that lets you bring your child along can save you childcare costs and watching other people’s kids is one way to do it.
You could start your own day care or find a job at a day care.
If you want to start a home day care, then you will want to check your state’s rules for home day cares, such as if you need a license. You’ll also need a safe space for children, as well as toys and games.
You could also try to find a job at a day care in your local area. Many day care centers allow you to bring your child, or they will give you a discounted rate to have your child attend the day care as well while you work.
Another option is to become a nanny or babysitter for a family that allows you to have your child there as well.
Starting a day care, working in one, or becoming a nanny/babysitter can be a win-win. You earn money and don’t worry about finding someone to watch your kid. Plus, your child gets to play and learn with other children.
Recommended reading: How to Make Money on Maternity Leave: 27 Real Ways
3. Sell printables
Selling printables is a great work-from-home business idea for single moms. This is because you can do this while your kids are sleeping or at school and earn passive income too!
Printables are digital files that people buy, download, and print themselves. These can include planners, calendars, wall art, grocery shopping checklists, weekly meal plans that someone puts on their fridge, and educational worksheets for kids.
You can sell your printables on websites like Etsy. This is a way to make money from home because you only need to make one digital file for each product, and you can sell it many times. You don’t have to print or send anything to your customers. You make the digital file; your customer buys it, downloads it, and takes care of the rest.
I recommend reading about this further at How I Make Money Selling Printables On Etsy to learn more about one of the best jobs for stay-at-home moms.
Do you want to make money selling printables online? This free training will give you great ideas on what you can sell, how to get started, the costs, and how to make sales.
4. Virtual assistant
As a single mom, you may be looking for a job that fits into your schedule. Working as a virtual assistant (VA) could be your answer, as you get to work from home and choose hours that work for you.
I’ve worked as a virtual assistant before, and I also have virtual assistants who help me with my business. Many parents have told me that a virtual assistant job is one of the best jobs for stay-at-home moms because it’s very flexible, and I agree!
A VA is someone who works from home as an assistant for someone else. Nowadays, many businesses can be operated from home, so it makes sense that an assistant can also work from home.
A virtual assistant can do tasks like managing social media accounts, formatting and editing content, scheduling appointments, handling travel plans, managing emails, and overseeing Facebook groups, among other things.
You can learn more at How Kayla Earns $10,000 Each Month From Home as a Virtual Assistant.
5. Freelance writer
If you’re a single mom looking for a job you can do from home, freelance writing might be a good fit for you. It’s a job where you write articles, blog posts, and sometimes even books for money. You don’t have to work in an office; you can write from anywhere, even your own kitchen table.
I have been a freelance writer for years, and it can be a great career choice for someone who wants to work from home.
When you’re just starting as a freelance writer, you might begin by writing articles that pay around $50 each or even more. However, the amount of money you can earn can vary a lot. You may be able to earn around $50,000 a year, and I know several freelance writers who are moms who make over $200,000 per year.
Many people are searching for freelance writers, and this job has a lot of opportunities for growth. It could be a great career to begin with.
Learn more at 14 Places To Find Freelance Writing Jobs – (Start With No Experience!).
6. Book author
If you love telling stories or sharing your knowledge, writing books could be an ideal job for you as a single mom. You get to create your own schedule and work from anywhere, even your home. Writing can be done at times that fit your schedule best, such as when your kids are at school or asleep.
For publishing your book, there are two options:
Traditional Publishing – You submit your manuscript to publishers. If a publisher likes your work, they will print, distribute, and market your book for you. In return, you’ll earn royalties from sales.
Self-Publishing – Platforms like Amazon Kindle Direct Publishing allow you to publish your book yourself. You control every aspect and get a higher percentage of the sales, but you also handle marketing and distribution.
The amount of money that you can make as a book author can vary by a lot. As a first-time author, getting published can be challenging, and earning substantial income takes time. If you self-publish and your book becomes popular, you could make a significant amount. But, this isn’t guaranteed.
Recommended reading: How Alyssa is making $200 a DAY in book sales passively
7. Graphic designer
Graphic design is a creative job that involves making artwork and visual designs. You might create designs for websites (like logos), advertisements, or printed materials like brochures and magazines.
Your work helps companies communicate with their customers through eye-catching and effective visuals.
This can be a great job for single mothers, as you may be able to find a work-from-home job as a graphic designer, or even start your own business where you can make your own flexible schedule.
Recommended reading: How To Make Money As A Digital Designer
8. Social media manager
Becoming a social media manager can be a great fit for single moms looking for remote work jobs.
Social media managers are in charge of social media accounts for businesses or people. Their job is to post on social media, reply to comments, and keep everyone interested.
This can include TikTok, Instagram, Pinterest, Facebook, X (formally known as Twitter), and more.
I have been a social media manager for companies, and it’s a great job that allows you to have a flexible schedule. That means you can work when it suits you – such as when the kids are at school or asleep.
9. Real estate agent
If you’re a single mom looking to balance work and family, becoming a real estate agent might be a great fit. As a real estate agent, you help people buy and sell homes.
To be a real estate agent, you just need a high school diploma and a license.
In 2021, the average pay for this job was $23.45 per hour, which is about $48,770 per year. But, there are many real estate agents who earn much more than this.
10. Proofreader
Proofreaders read documents and check for spelling, grammar, and punctuation errors, and they make sure everything is perfect before it gets printed or published online. They review books, articles, blog posts, social media content, newsletters, advertisements, and more.
If you want flexible work hours, proofreading is a good choice. Depending on your experience and the job’s complexity, you can earn between $20 and $50 per hour and more.
As a single mom, this job lets you balance work with looking after your kids. You can usually set your own schedule and work from home, which can make life a little easier.
You can read more at How To Become A Proofreader And Work From Anywhere.
There is also a FREE 76-minute workshop where you will learn more about how to become a proofreader with Proofread Anywhere. You can sign up for free here.
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This free 76-minute workshop answers all of the most common questions about how to become a proofreader, and even talks about the 5 signs that proofreading could be a perfect fit for you.
11. Bookkeeper
If you’re a single mom, becoming a bookkeeper might be a good option for you. Bookkeepers manage money records for businesses by keeping track of all the money that comes in and goes out.
If you work as an online bookkeeper, you could make about $40,000 or more per year. Typically, this involves managing finances for around 12 to 16 clients.
Being an online bookkeeper is great because you don’t need to be an accountant or have any prior experience. Also, virtual bookkeeping is a service that many people are looking for, so there’s a demand for it.
Recommended reading: Online Bookkeeping Jobs: Learn How To Get Started Today
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This free training will teach you what you need to know to become a virtual bookkeeper and make money from home.
12. Transcriptionist
As a transcriptionist, your job is to listen to audio or video files and type out what you hear into text. This is a task that you can do from home, making it a good option if you’re a single mom looking for flexible work.
One of the biggest benefits of this job is flexibility. You can usually choose when and how much you want to work (such as when your kids are sleeping or when they are at school). This can make balancing work and family much easier.
You need to be able to type quickly and accurately and attention to detail is important because you need to catch every single word.
Recommended reading: 18 Best Online Transcription Jobs For Beginners To Make $2,000 Monthly
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In this free training, you will learn what transcription is, why it’s a highly in-demand skill, who hires transcriptionists, how to become a transcriptionist, and more.
13. Customer service representative
Customer service representatives help people by answering questions and solving problems on the phone or online, which means they can sometimes work from home.
On average, customer service representatives earn around $35,868 a year as an average salary. This will change depending on where you work and how much experience you have.
Some large companies like Apple, Progressive, U.S. Bank, American Express, and U-Haul hire customer service representatives who can work from home. This means you can do the job from the comfort of your own house.
14. Data entry clerk
Data entry clerks enter information into databases or spreadsheets. They type things like numbers and names into computers to keep everything organized and make sure records are correct.
Jobs in data entry usually pay about $15 to $20 per hour.
Recommended reading: 15 Places To Find Data Entry Jobs From Home
15. Dog walker or pet sitter
If you’re a single mom looking for a job that fits around your schedule, you may want to look into becoming a dog walker or pet sitter. This type of job lets you choose when you work, which is great for making sure you have time for your kids.
As a dog walker, you walk dogs for people who are busy or away from home. You might take them around the neighborhood or to a park. If you’re a pet sitter, you take care of pets while their owners are out of town or at work.
The money you make can vary. Some jobs might pay you each day, like $15 to $25 an hour or a flat rate per day like $75. How much you make could depend on how many pets you care for and how long you spend with them.
Rover is a great company that you can sign up with in order to become a dog walker and pet sitter.
16. BabyQuip
If you’re a mom looking for a flexible side hustle, BabyQuip might be worth looking into. It’s a service where you can rent out baby gear like strollers and car seats to traveling parents – starting is simple: apply online, and BabyQuip will guide you through the process.
As a mom after all, you probably already have a lot of baby gear that you can rent out to make money with.
With BabyQuip, you make money by renting out items you already own or plan to invest in for rentals. Because parents travel, the demand for clean and safe baby gear is always there.
People using BabyQuip can make about $1,000 a month on average, and some even earn more than $10,000 each month.
On BabyQuip, you can rent items like cribs, strollers, car seats, high chairs, toys, bouncers, books, hiking packs, and many other things.
17. Teacher
As a single mom, teaching can be a great career for you. As a teacher, you typically work while your children are in school as well, after all.
Most teaching jobs follow a traditional school year calendar. This means you usually have summers off, along with school holidays, which can help you spend time with your kids.
18. Doula
If you’re a single mom looking for a job, you may want to become a doula. A doula supports women during childbirth, but your work can also extend to helping moms after the baby is born.
They are there to give comfort, encouragement, and knowledge during the pregnancy journey, labor, and the postpartum period.
19. Tutor
If you’re looking for part-time jobs for single moms, then tutoring may be an option to look into.
If you’re a single mom who knows a lot about a specific subject like math, science, or a language, becoming an online tutor could be a smart choice. You can schedule sessions around your life and help students learn. You pick when you work, which is perfect when you have kids at home. You might teach early mornings, afternoons, or even nights.
You will need a quiet place to work, a computer, and a good internet connection.
Income as a tutor ranges, and you may be able to earn $20+ an hour. And, if you specialize in something more advanced, like SAT prep or college courses, you could make more, even up to $50 per hour or more.
20. Photographer
As a single mom, becoming a photographer can be a rewarding job choice for you. With a camera and some practice, you can start taking photos that people will enjoy.
To begin, you need a decent camera. Don’t worry, it doesn’t have to be the most expensive one. You also need to learn about lighting and how to frame a good picture. There are lots of free tutorials online, such as on YouTube, if you want to learn more.
One of the best parts about photography is that you can make your own schedule. You decide when to book photo shoots, which can be great for balancing time with your kids. It’s possible to do photo shoots on weekends or during special events like weddings.
You can earn money by selling your photos online or by working with clients directly. Graduations, weddings, family portraits, and even pet photos can be great opportunities. Pricing varies depending on the job, but as you gain experience, you can charge more for your work.
As you grow, you can invest in better equipment and editing software to enhance the quality of your photos. This helps you stand out and can lead to more jobs and higher pay.
I know many moms who are successful photographers, and they love having a photography business.
Recommended reading: 18 Ways You Can Get Paid To Take Pictures
21. Instacart shopper
If you’re a single mom looking for a job that fits around your schedule, becoming an Instacart shopper might be a good choice. Instacart is a service that lets people order groceries online, and shoppers like you do the shopping and deliver the orders to their homes.
When you’re an Instacart shopper, you can set your own hours. This means you can work when it’s best for you, like when your kids are at school or sleeping. As a shopper, you get a payment card from Instacart to buy the groceries at the store.
Shoppers usually earn about $11 to $20 per hour. It’s important to remember that as an independent contractor, you will have extra costs like gas and vehicle maintenance that you need to think about when figuring out your earnings.
You can learn more at Instacart Shopper Review: How much do Instacart Shoppers earn?
22. Paralegal
As a single mom, you might find the role of a paralegal interesting. It’s a job where you work in a law firm or legal department, helping lawyers by preparing legal documents and doing research.
Your typical work hours are most likely Monday to Friday, fitting well with a school-week schedule.
Paralegals earn around $30,000 to $35,000 a year.
23. Dental assistant
As a single mom, if you’re looking for a job that lets you help people and have regular hours, you might like being a dental assistant. In this job, you work in a dentist’s office and help the dentist with patients.
Your tasks could include getting the tools ready, making sure patients are comfortable, and teaching them how to care for their teeth.
Your week would be busy, but you usually wouldn’t have to work nights or weekends. This is great because it matches up with your kids’ school schedule.
24. Travel agent
As a single mom, you may find that being a travel agent is a job that fits well with your life. It’s a job where you get to plan and book trips for others. You could work from home or an office.
Travel agents plan vacations, business trips, and getaways for clients and they find the best deals on flights, hotels, and fun activities.
The money you earn can vary because some agents get paid hourly and others get a commission, which is a part of the trip cost.
25. Nurse
As a single mom, you might worry about balancing work with taking care of your kids. As a nurse, there are jobs that can fit your life.
Some examples include:
School nurse – You can work the same hours your kids are in school. You’ll care for sick children, keep track of health records, and help with health checks.
Doctor’s office nurse – Working here can be less stressful. Usually, the hours are regular, Monday to Friday, so you can be home with your kids in the evenings and on weekends.
Home health care nurse – You’ll visit patients in their homes, which can give you a flexible schedule.
Public health clinics – These places look after the community’s health. Hours can be more regular, meaning you won’t have to do lots of night shifts.
Nurse educator – If you love teaching, this lets you work in a classroom instead of a hospital. You’ll have a steady schedule, perfect for family time.
26. Speech pathologist
A speech pathologist helps people with speech and language issues. You would work to improve their communication skills, which can be very rewarding.
You need a master’s degree in speech-language pathology and certifications vary by state.
Your work may take place in schools, hospitals, or private clinics. Some speech pathologists work from home providing virtual sessions.
27. Sleep consultant
Sleep is really important for the growth and well-being of babies, and it’s important for parents too. But sometimes, parents find it hard to make sure their child gets the sleep they need.
Pediatric sleep consultants are very helpful in solving children’s sleep problems, making it easier for families to have peaceful nights. If you really enjoy working with kids and want to make a positive difference in their lives, becoming a sleep coach could be a great career option.
I have personally learned from sleep consultants in the past, and I know many others who have hired a sleep consultant as well. These are typically moms who have firsthand experience with improving a baby’s sleep.
Learn more at How To Become A Sleep Consultant And Make $10,000 Each Month.
28. Run a dog treat bakery
If you enjoy cooking, starting a home bakery could be a way to make money from home. It allows you to use your cooking skills to create dog treats and earn some income.
You can make dog treats, cupcakes, cookies, cakes, and more.
Starting a dog treat bakery business could potentially help you earn an extra $500 to $1,000 a month or even more. It’s a niche small business idea that taps into the love people have for their pets.
I also recommend reading How I Earned Up to $4,000 Per Month Baking Dog Treats (With Zero Baking Experience!).
Frequently Asked Questions
Below are answers to common questions about how to find jobs for single moms.
What should a single mom do to handle financial stress?
I get it – as a single mom, you may have a lot of financial stress. It is hard to be a single mom and manage everything all on your own after all. To manage financial stress, I recommend trying to find jobs that pay well but also have flexible hours or work hours that match up with your children’s school schedule. Jobs that allow you to work remotely can also help lower your childcare expenses as you can work from home.
How to work as a single mom without help or childcare?
If you don’t have help or childcare, then you may want to work during hours when your kids are at school or asleep. This may include looking for jobs or employers who understand your situation and have flexible schedules or the ability to work from home.
What are the best work from home jobs for single moms?
I think one of the best ways for a single mom to make money is to work from home. This is because you may be able to make your own schedule, and you may be able to find a job that allows you to take care of your kids at the same time.
The best work-from-home jobs include jobs like virtual assistants, freelance writers, and bloggers.
What are jobs for single moms without a degree?
Jobs for single moms without a degree include administrative support, customer service positions, and sales roles as these jobs usually give on-the-job training.
How can a single mom go back to college and what degrees are best?
You can go back to college by looking for online degree programs, or classes when your children are at school, that fit your schedule. Popular degrees that balance well with being a single mom could be in fields like education, business, or healthcare, which have the potential for career growth.
Best Jobs for Single Moms – Summary
I hope you enjoyed this article on how to find the best jobs for single moms.
Whether you are looking for full-time or part-time jobs for single moms, there are many options that may fit what you need.
As you probably noticed above, jobs for single moms vary and include different types of work. Some jobs are creative, like writing or graphic design, while others are more regular, such as customer service or bookkeeping.
If you enjoy telling stories and writing, you could be a blogger or a freelance writer. If you’re good with organizing and numbers, you might like being a virtual assistant or a bookkeeper.
If you prefer doing your own thing, you could start a home day care or sell printables online.
As you can see, this is a long list of the best jobs for single mothers! There are many different job ideas that you could try that have a good work-life balance.
What do you think are the best jobs for single parents?
Chubb is a property and casualty insurance company that operates in 54 countries and territories. Its executive offices are in France, Singapore, Switzerland, the United Kingdom and the United States.
Besides property and casualty insurance, the company also offers personal coverage and supplemental health insurance, life insurance and travel insurance. Chubb travel insurance is underwritten by ACE Property and Casualty Insurance Co.
What does Chubb travel insurance cover?
Depending on what type of coverage you’re looking for, Chubb offers several different travel insurance options. It offers annual policies as well as single-trip plans for trips to domestic and international destinations.
Coverage ranges across:
Chubb travel insurance plans
Three single-trip travel insurance plan options are available: Travel Basics Plus, Travel Essentials Plus and Travel Choice Plus.
These are comprehensive travel insurance plans that include medical coverage as well as trip protections, such as trip delay, baggage delay and baggage loss.
Here’s how coverage varies across the plans.
Travel Basics Plus
Travel Essentials Plus
Travel Choice Plus
Trip cancellation
100% of the trip cost (with a $100,000 limit).
100% of the trip cost (with a $100,000 limit).
100% of the trip cost (with a $100,000 limit).
Trip interruption
100% of the trip cost (with a $100,000 limit).
150% of the trip cost (with a $150,000 limit).
150% of the trip cost (with a $150,000 limit).
Trip interruption – return air only
Trip delay
$100 per day, with a $500 maximum.
$150 per day, with a $750 maximum.
$200 per day, with a $1,000 maximum.
Missed connection
Baggage delay
Baggage loss
$750 (with a $50 deductible).
Emergency medical
$15,000 (with a $50 deductible).
Emergency evacuation and repatriation
$1 million.
Accidental death and dismemberment
Preexisting medical conditions waiver
Must be purchased within 21 days after your initial trip payment.
Must be purchased within 21 days after your initial trip payment.
Must be purchased within 21 days after your initial trip payment.
All three plans offer an optional car rental collision coverage add-on that covers up to $35,000 (with a $250 deductible). This add-on includes damage caused by collision, vandalism or weather and does not include theft.
Chubb single-trip plan cost
Below is how much a 35-year-old traveler from Utah would pay for travel insurance for a 10-day trip to Argentina valued at $2,500.
The least expensive of the options, the Travel Basics Plus plan will set you back $124.62. The Travel Essentials Plus policy comes in at $150.73 and provides more coverage. The most expensive plan, Travel Choice Plus, costs $215.13 and includes the most coverage with higher limits.
All plans include a $7 policy fee.
Chubb multi-trip/annual travel insurance
Chubb also offers multi-trip or annual travel insurance plans to those who take multiple trips per year. Three policies are available: Travel Basics 365, Travel Essentials 365 and Travel Choice 365.
Below are the coverage limits for annual travel insurance plans offered by Chubb.
Travel Basics 365
Travel Essentials 365
Travel Choice 365
Trip cancellation
Trip interruption
Trip delay
$150 per day, with a $750 maximum (kicks in after five hours).
$150 per day, with a $1,000 maximum (kicks in after five hours).
$150 per day, with a $1,500 maximum (kicks in after five hours).
Missed connection
$500 (kicks in after three hours).
$1,000 (kicks in after three hours).
Baggage delay
$150 per day, with a $300 maximum (kicks in after 12 hours).
$250 per day, with a $500 maximum (kicks in after 12 hours).
$250 per day, with a $1,000 maximum (kicks in after 12 hours).
Baggage loss
Emergency medical
Emergency evacuation and repatriation
$1 million.
Accidental death and dismemberment
Car rental collision damage waiver
$35,000 (with a $250 deductible).
$35,000 (with a $250 deductible).
Security evacuation
Chubb annual plan cost
Below is how much a 35-year-old traveler from Utah would pay for an annual travel insurance policy from Chubb.
The most affordable option of the three, the Travel Basics 365 plan, will set you back $141. The Travel Essentials 365 policy will set you back $233, and the Travel Choice 365 policy costs $449.
Which Chubb travel insurance plan is for me?
If you’re seeking coverage for one trip: Look into the single-trip travel insurance plans, such as Travel Basics Plus, Travel Essentials Plus and Travel Choice Plus.
If you’re traveling extensively: For travelers who take multiple trips per year or who are constantly on the road, an annual plan, such as Travel Basics 365, Travel Essentials 365 and Travel Choice 365, will provide a more economical solution.
If you hold a travel rewards credit card: Take a look at your card’s benefits guide and determine what kind of trip protections, if any, are offered by your credit card. Pick a travel insurance plan with perks that don’t overlap with what is already covered.
How to get a quote from Chubb
To get a quote from Chubb for an individual or family travel policy, start on it’s website. Decide whether you need a single-trip plan or an annual plan, and click on “Get a quote.”
Select between a domestic or an international policy and confirm that you’re a U.S. resident and at least 18 years old by checking the respective box. Enter your travel destination, state of residence, travel dates, the initial trip deposit date and the number of travelers.
Then provide a couple of more details, such as the primary traveler’s age and the cost of the trip.
The quotes for each plan will be displayed on the next page.
For an annual policy, select your state of residence from the dropdown menu, pick a coverage start date, enter the traveler’s age and click “Get quote.”
What isn’t covered by Chubb travel insurance?
Like most insurance providers, Chubb publishes a list of exclusions to its coverage. Below are some of the situations not covered by Chubb travel insurance:
Intentional self-inflicted injuries or suicide.
Normal pregnancy or elective abortion.
Participation in professional athletic events.
Mountaineering.
War, acts of war or participating in a civil disorder, riot or resurrection.
Operating or learning to operate an aircraft.
Being under the influence of drugs or narcotics.
Traveling for the purpose of securing medical treatment.
Traveling against a physician’s recommendation.
Is Chubb travel insurance worth it?
If you look online, Chubb travel insurance reviews are mixed, but they also include car, home and business insurance, not the company’s travel insurance branch specifically.
In any case, before you purchase a plan, we recommend not only comparing prices but also reading policy terms to make sure you understand what’s covered so your claim will be accepted should you need to file one.
How to maximize your rewards
You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2024, including those best for:
To rent or not to rent? That is a very personal question: This rent vs. buy calculator can help.
Both the cost of rent and U.S. home prices soared during the pandemic. After historically high home prices and rising mortgage interest rates in 2023, the rent vs. buy calculator now favors renters for the first time in decades. But just barely.
Paying a mortgage builds home equity. That’s the difference between the current value of the home and the amount of money paid in, minus any liens on the property. When a homebuyer sells, they pocket any surplus, after expenses. For years, home ownership has been a way to build individual and generational wealth.
Paying rent doesn’t build equity. But that doesn’t mean it’s a waste of money, despite what some financial gurus might try to tell you. Home prices are high and the availability of affordable properties hit an all-time low in 2023. So renting is a smarter financial decision for many U.S. residents right now.
The rent vs. buy calculator
Personal finances and the national housing market aren’t the only things to consider. The rent vs. buy calculator includes many variables. They vary from person to person and year to year.
Age, lifestyle, career outlook and financial risk tolerance matter. Where you want to live both factor into the decision. Take a look at Redfin’s rent vs. buy calculator to evaluate which option makes more sense for you.
Reasons to rent in 2024
Many renters will benefit from extending their lease into 2024. Here are six reasons why renting is a good choice right now.
Renting is more affordable in most markets
Redfin reports that buying a home costs 25 percent more than renting in 2023. In fact, last year was the most expensive year for home prices in Redfin’s records. A buyer making the country’s median wage would need to pay 41.4 percent of their income for a home. That’s well above the 30 percent recommended by experts.
Record high home prices were only part of the issue. High interest rates and low inventory kept home prices elevated through the end of 2023
In contrast, nationwide rent prices actually fell late last year. According to the December Rent Report, rent prices dropped .57 percent month-over-month. Rates were also down 2.09 percent from December 2022.
In cities, the price difference between buying and renting is even steeper. It was more expensive to buy a home than to rent one in all but four major metropolitan areas in May 2023.
Renting costs less upfront
Purchasing a home is a major financial investment. Buyers typically need a 20 percent down payment to secure a mortgage. When housing stock is low, they may also need to offer more than the asking price. They might also need to compete in bidding wars or be able to pay a percentage in cash to secure the house they want.
Renting is more cost-effective for many. A typical apartment lease includes a security deposit. Rents get this security deposit back when they move out if there’s no damage, outstanding fees or rent owed. Fees for parking spaces or having pets in the apartment added. A rent calculator can help determine your budget.
Fewer monthly costs
It’s usually cheaper month to month as well. Business Insider reports that U.S. homeowners pay a median of $2,690 each year in property taxes. Property taxes, mortgage interest and home repair costs are tax deductible. But these costs add up.
Renter’s insurance is almost always cheaper than homeowner’s insurance. NerdWallet states that the average price for renter’s insurance in the United States is $148 a year. That breaks down to just $12 per month. The same outlet reports that homeowner’s insurance typically costs $1,820 a year. Rates vary state to state.
A lease may also include some (or all) utilities. This means fewer bills to pay and a more predictable household budget.
No repairs or maintenance
A homeowner has to pay for emergency expenses like a broken water heater or a new roof out of their own pocket. They also have to file their own insurance claims. Then they need to make any necessary repairs – or hire professionals to do so. But renters can pass these responsibilities on to their landlord or property manager.
In addition, renters don’t need to stress about lawn care, landscaping, or snow removal either. That saves a lot of time, stress, and money over the course of a lease.
As a bonus, many rentals offer communal amenities. These can include workspaces and lobbies, rooftop patios and grills, pools and playgrounds. Residents can also enjoy perks like gyms, dog wash stations or bike storage. Residents get all the benefits without membership fees or maintenance.
Renting is flexible
Building home equity is an investment with higher upfront costs. So experts recommend that residents stay in their home for at least five years to break even. But high housing costs and high interest rates mean that reaching the break-even point may take even longer.
To recoup their investment, homeowners need to commit to staying in one place for years. Homes usually appreciate in value, but there’s no guarantee homeowners will turn a profit..
Renting is best for people who need flexibility. Applying for a mortgage requires a stable job and regular and predictable paychecks.
People planning a major career change may be better off renting for now. The same goes for people facing job insecurity. Going back to school, retirement or caregiving can also influence income. A renter can re-evaluate before signing a year-long lease. Homeowners are tied to a 15- or 30-year mortgage.
You can try before you buy
Renting is a great way to explore different neighborhoods, home types and amenities. Location is the one thing about a home that buyers can’t change. So it’s smart to rent in a neighborhood before committing to a mortgage. Or you could experiment with the best of both worlds with a rent-to-own home.
Renting can also allow residents to experience different house types. They can experience living in apartments, townhomes, duplexes and single-family homes).
Reasons to buy in 2024
Renting is a smart option for many. But there are certain instances when the rent or buy calculator favors purchasing a home instead.
More homes mean lower prices for buyers
Housing experts say that the number of homes available will increase in 2024. More housing stock means home prices could tick downward. That’s a plus for buyers.
Lawrence Yun, National Association of Realtors (NAR) chief economist, predicts that 1.48 million new housing projects will begin in 2024. That number includes 1.04 million single-family units.
Interest rates should stabilize or drop
Mortgage interest rates have been holding steady for the last several weeks. Rates hovered around the 7 percent mark for 30-year fixed rate mortgages and just over 6 percent for 15-year fixed rate mortgages. That’s down from last year’s high.
“Many of the factors that made 2023 the least affordable year for homebuying on record are easing,” said Redfin Senior Economist Elijah de la Campa. “Mortgage rates are under 7 percent for the first time in months, home price growth is slowing as lower rates prompt more people to list their homes, and overall inflation continues to cool. We’ll likely see a jump in home purchases in the new year as buyers take advantage of lower mortgage rates and more listings after the holidays.”
But it’s important to note that these available properties are at the high end of the market. Affordable housing numbers remain historically low.
More options in key metros and affordable markets
More housing stock and lower interest rates will help push home prices lower. Housing experts predict certain markets will rebound first.
“Metro markets in southern states will likely outperform others due to faster job increases,” says Yun, NAR chief economist. “While markets in the Midwest will experience gains from being in the most affordable region.”
The takeaway
Choosing whether to rent or buy is a personal decision that depends on many factors. For many U.S. residents, renting is a more affordable and flexible option right now, but investing in a home is never a bad idea.
Check out houses and apartments for rent.
Looking to buy? See homes for sale here.
Alicia Underlee Nelson is a freelance writer and photographer. Her work has appeared in Thomson Reuters, Food Network, USA Today, Delta Sky Magazine, AAA Living, Midwest Living, Beer Advocate, trivago Magazine, Matador Network, craftbeer.com and numerous other publications. She’s the author of North Dakota Beer: A Heady History, co-host of the Travel Tomorrow podcast and leads travel and creativity workshops across the Midwest.
Philadelphia is a modern, glittering, cosmopolitan city on the east coast. Settled between massive New York and powerful Washington, D.C., Philly is a keystone of the Northeast Corridor as its state’s nickname suggests.
So as a representative major northeastern city, you would expect it as an expensive place to live. Well, not so fast. While Philadelphia stands as the nation’s sixth-biggest city by population, it’s just the 41st most expensive city in the U.S. among the top 270 largest. The cost of living in Philadelphia is pretty affordable for all you get. In fact, the city’s COL Index is a realistic 111.7, meaning it’s just 11.7 percent more expensive than the national average.
The cost of living in Philadelphia involves a number of expense factors. These include budget items such as housing, utilities, transportation, food and more.
The individual indexes range from nearly 20 percent over the national average for groceries to just 0.4 percent for health care. But regardless of category, including average rent in Philadelphia, the City of Brotherly Love is an affordable place to live.
Housing costs in Philadelphia
With about 30 percent of a household budget going towards housing, paying for where you live will be your single highest expense no matter where that is. But how is the affordability of the literal cost of living in Philadelphia? The answer is simple — not bad.
Despite its size as the sixth most populous city in America, housing in Philadelphia is 16.8 percent more expensive than average.
In fact, the cost of living in Philadelphia for housing is only the 46th most expensive in the nation. That makes it cheaper to live than such cities as Baltimore, Stockton, Flagstaff, Denver and Portland, Maine. Compare that to New York City. Manhattan is just 70 miles from Center City, but its Housing Index is a whopping 442.3.
The average rent in Philadelphia for a one-bedroom apartment is $2,142 a month. That’s just over $500 a month above the national average of about $1,600. The cost of that average Philly one-bedroom rose just 2.52 percent from the same period last year.
Philadelphia’s least and most expensive neighborhoods
Considering there are over 300,000 rental units in Philadelphia, the average one-bedroom figure varies widely depending on where in the city you wish to live. The top four least expensive neighborhoods in Philly sit in Near Northeast Philadelphia.
Melrose Park Garden, Pennypack Woods, East Oak Lane and Burholme all rent one-bedrooms for under $1,175 on average, with Melrose Park Garden the only district in the city under a grand a month. East Falls, a popular residential neighborhood for young professionals just south of Manayunk, is the fifth least expensive at $1,226.
On the flip side, the majority of the most expensive neighborhoods surround the city’s downtown. Washington Square West, Logan Square, Avenue of the Arts South and greater Center City itself all rent a lone bedroom for over $2,300 a month.
Washington Square West, home of the Gayborhood district, is the only region in town where rents top $3,000 monthly. Graduate Hospital, just across Broad Street, saw the highest year-to-year increase in the city at nearly 55 percent.
Home values in Philadelphia
If your life path has moved you from renting to homeownership, Philadelphia is an affordable place to buy as well. The average home — a new construction house with 2,400 square feet of living area for the purposes of this survey — is priced at $426,000.
While that is $115,500 above the nationwide average, Philly ranks an impressive 50th among cities with the most expensive new homes.
Mortgage rates, which by their nature fluctuate wildly, tend to hover around 3 percent.
Food costs in Philadelphia
Compared to other large cities, the price of food in Philadelphia is reasonable but not cheap. Philly’s Food Index is just under 20 percent above the national average. The city falls 16th among all cities, cheaper than some smaller locales like Seattle, Wilmington and suburban DC.
If you know anything about Philadelphians, they are big fans of party foods, backyard barbecues and sandwiches (particularly local faves hoagies, roast pork and cheesesteaks). And as incredible as the restaurant scene is in Philly, locals love to eat at home both in the dining room and on the patio. That means residents buy a lot of family and snack food.
Unfortunately, several of these common grocery items are pricey. For example, the city is among the top five most expensive for popular party items including potato chips, pork sausage and Coca-Cola, and a loaf of whole wheat bread ranks eleventh.
Not only is Philadelphia high nationally, but it’s unsurprisingly more expensive for food than other major cities in Pennsylvania.
For nearly every food item surveyed, Philadelphia is priciest compared to Pittsburgh, Allentown, Scranton and Wilkes-Barre. For example, frozen meal prices are over 30 percent higher than the average of all of the state’s population centers. A dozen eggs are nearly 30 percent higher as well and a head of lettuce is a 14.5 percent increase.
Looking for grocery bargains? They do exist. Shampoo is 5.6 percent cheaper than the state average. And both a bag of potatoes and can of peaches are 3 percent under, with the latter the cheapest in the state. While a bottle of table wine is steep at $12.11, ranked 14th and over $3 above the national average, beer is cheap.
In the town known for the “Citywide Special,” a six-pack runs 58 cents below the national average — the 64th cheapest city for beer in the U.S.
Dining out in Philadelphia
But not all food fun in Philly comes from the kitchen. Philadelphia is known as one of America’s top restaurant cities. No wonder, considering it’s home to the nation’s best pizza, best coffee shop, best chef and America’s best restaurant.
Philly folks love dining out. City households spend on average 45.7 percent of their yearly food budget on restaurants, delivery or take out. That’s 5.6 percent of the entire household budget and translates to slightly over $4,000 a year. Comparatively, that number is just under $2,500 on average statewide and $2,700 nationwide.
Is eating out affordable in Philadelphia? On average, a meal at a cheap restaurant runs about $15. That’s the same as the national price. A three-course meal for two at a mid-range restaurant will leave you with a $55 check, five bucks below the national average. Even a combo meal at Mcdonald’s is the same as the rest of the country at about $8.
Transportation costs in Philadelphia
It’s no secret that commuting in Philadelphia is tough if you’re driving your own car. The city is known as the second-worst for traffic congestion, behind only New York City in the number of hours spent in the car to and from work.
But at least the cost of commuting in Philly isn’t horrifically pricey. The city has a Transportation Index of 13.5 percent, good enough for just the 29th most expensive in America.
Like in many major east coast cities, it’s expensive to own a car. Thankfully, the price of a gallon of gas (unleaded regular including all taxes) in Philly averages $2.43, just 28 cents above average. That last part is key, as Pennsylvania has one of the highest gasoline taxes — currently 58 cents per gallon.
One of the biggest auto expenses in the city is parking. In Philadelphia, monthly parking averages $275 a month. The cheapest lots, in outlying areas, run about $140 a month while lots and garages near or in Center City can run as much as $500.
And while there are no toll roads within the Philly city limits, the Pennsylvania Turnpike runs east/west just north of town. On average, the PA Turnpike charges 13 cents a mile if you pay with EZPass (and about double that without).
However, the city features four toll bridges that run to and from New Jersey: the Walt Whitman, Betsy Ross, Ben Franklin and Tacony Palmyra Bridges. All are free from Philly into Jersey but carry a toll of five dollars to return (except the Tacony Palmyra which is three).
Public transit in Philadelphia
Thankfully, Philadelphia has a robust public transportation system. The city’s transit authority SEPTA offers four subway and elevated train lines, 13 regional rail lines and dozens of bus and trolley routes. Nearly a quarter of Philadelphia workers commute via public transit. The city’s transit score is 68.
All city rapid transit, which includes trolleys, buses and trolley buses, costs $2.50 for a single trip regardless of distance or time of day. That goes down to two dollars when using the city’s new smart card program, SEPTA Key. Those are the same prices for Philly’s rapid rail lines as well, which includes the Broad Street, Market Frankford, Ridge Spur and Norristown High Speed lines subways and elevated trains. A transfer is a dollar, with the first one free.
As with most systems, prices are cheaper when purchased in bulk in advance. A weekly transit pass in Philly runs $25.50 and $96 for a monthly ride pass. Overall, this is one of the lowest prices of any city in its category (when calculated as a percent of income).
SEPTA’s commuter rail network is known as Regional Rail and operates within the city and to the suburbs as well as New Jersey and Delaware. Trains depart any of the 150 stations across the region about once an hour on average. All of its 13 lines pass through the city’s three Center City stations: Suburban, Jefferson and 30th Street (also home of the city’s Amtrak hub).
Prices for regional rail vary depending on distance and day traveling. For travel entirely within the city, a one-way ticket runs $5.25 during the week and $4.25 on the weekend and holidays.
For travel to and from the suburbs, tickets cost up to $6.75 on weekdays and $5.25 on the weekend depending on to and from which “zone” you are traveling. Pricing is higher if purchased on board with cash rather than in advance or with a smart card. Seniors and children riding with adults ride free on any mode while riders with disabilities travel at half price.
Walking and biking in Philadelphia
Philadelphia is also an eminently commutable city without requiring power transport. The gorgeous city streets are highly walkable, with an excellent walk score of 84.
As well, Philly is a haven for bikers with designated bike lanes and bike paths throughout the city and a bike score of 76.
The city also provides a convenient bicycle ride share program called Indego. The program offers over 1,000 bikes at 125 stations throughout the city. Pricing varies from four dollars for an individual half-hour to $17 a month for unlimited hour-long rides.
Healthcare costs in Philadelphia
Pennsylvania Hospital, founded in 1751 by Benjamin Franklin, is the oldest hospital in the U.S. Today there are over a dozen major hospitals in Philadelphia, along with a slew of smaller ones, a number of children’s hospitals and several cancer specialty centers. Philly is a hotbed for quality healthcare.
The Philly healthcare scene’s excellence balances by the breadth of available service. This has kept healthcare prices in the city stunningly low. The cost of living in Philadelphia for healthcare is 0.4 percent above the national average and the 111th most expensive in America.
A visit to a doctor (specifically a general practitioner) is $133 on average. This is good enough to rank 51st nationwide. Need your teeth checked? An appointment with a dentist for a cleaning is just the 141st priciest in the country, nearly 70 cents below average.
The best value in health care in Philly? Prescriptions within the survey are $88 below the national average, the 14th cheapest of all cities.
However, if your furry roommate needs attention, you might be paying a bit more. A veterinary visit (for an annual exam) is the 17th most costly in the nation.
While these numbers are promising, it is difficult to determine an average cost of healthcare overall as needs vary depending on your individual health.
Goods and services costs in Philadelphia
Most everything else that isn’t included above falls as goods and services. Goods covers everything you buy that’s not consumable or isn’t a tangible item. This could be anything from paper clips to potting soil to concert tickets. Services include most visits with professionals that don’t involve health care or your car. This is any personal business trade from dog grooming to plumbing repair, yoga instruction to landscaping.
As far as a goods and service economy, Philadelphia is incredibly affordable for its size. In fact, the cost of living in Philadelphia for goods and services is 5.6 percent above the national average. Despite its ranking as the sixth-largest city in the nation, its goods and services rank is 61st.
There are a number of items that are inexpensive in Philly. For example, a newspaper subscription averages just $14, just the 60th priciest in the nation. An average movie ticket for a first-run film ranks 61st at just $12.
Think it is expensive to get your hair done in a cosmopolitan east coast city? It’s not cheap, but a visit to a salon will run you $61, that’s just the 20th most expensive in the nation. In fact, it’s comparable to a visit to a stylist in Manhattan or Queens, about $23.50 above the national average.
Taxes in Philadelphia
The full sales tax rate in Philadelphia is 8 percent. This represents 6 percent from the state and the remaining 2 percent from Philadelphia County. The county is conterminous with the city, which has no sales tax of its own.
In general, non-sales-taxed items in the state include food (both grocery and dining), medicine and drug store items and most clothing. If you purchase $1,000 of taxable items in Philadelphia, you’ll be paying $80 in sales tax.
The city also charges a sugary drink tax. The 1.5 cents per ounce tax applies to sodas and any non-alcoholic beverage that lists sugar or any sweetener as an ingredient. The proceeds primarily benefit city education and recreation programs.
Philadelphia’s current property tax rate hovers around 1.4 percent. City income wage tax sits just under 3.9 percent. The wage tax applies to all Philadelphia residents regardless of where they work and all Philadelphia-based employees regardless of where they live.
How much do I need to earn to live in Philadelphia
The monthly rent in Philadelphia is $2,152 on average for a one-bedroom apartment. That represents a 2.56 percent increase in similar units year to year.
Experts suggest spending no more than 30 percent of your annual income on housing. Multiplying the rent on average for a one-bedroom by 12, you determine the average yearly rent is $25,824. This means you should have an annual household income of at least $86,080.
However, according to Payscale.com, the average salary in Philadelphia is $69,000. That means that a resident earning the average salaried wage would be budgeted to spend $21,000 a year or $1,750 a month on rent. That’s over $400 less than the average one-bedroom apartment.
Check out our rent calculator to see how much you can afford each month.
Living in Philadelphia
There are a number of factors to consider when moving to, within or around Philadelphia. But regardless of the category, the cost of living in Philadelphia is moderate compared to many cities its size. It’s a budget-friendly city especially when it comes to health care, housing and other channels.
No matter your budget, there’s a perfect Philly neighborhood and comfortable home waiting for you. Check out the great places to lay your head at night in the Philadelphia apartment rental listings or for homes to buy.
Cost of living information comes from The Council for Community and Economic Research.
Rent prices are based on a rolling weighted average from Apartment Guide and Rent.’s multifamily rental property inventory of one-bedroom apartments in April 2021. Our team uses a weighted average formula that more accurately represents price availability for each individual unit type and reduces the influence of seasonality on rent prices in specific markets.
The rent information included in this article is used for illustrative purposes only. The data contained herein do not constitute financial advice or a pricing guarantee for any apartment.
With its world-class golf courses, scenic beauty and natural landscapes, and high degree of privacy and exclusivity, the small coastal residential community of Pebble Beach is a magnet for affluent homebuyers.
And said deep-pocketed buyers have more choices to pick from, as a meticulously renovated private estate — sitting on a generous 3.16-acre lot — has recently landed on the market.
Priced at a hefty $39,000,000, the Pebble Beach property is currently the most expensive active listing in the unincorporated community on the Monterey Peninsula. And it has all the attributes to back its sky-high asking price.
Owned by WeatherTech founder and CEO (and automotive accessories tycoon) David MacNeil, the Pebble Beach estate is as impressive as its price point would imply.
Built in 2000 and fully renovated in 2023, the property has nearly 7,500 interior square feet on a 3.16-acre lot and includes seven bedrooms, eight full bathrooms, and two half-bathrooms.
“I was fortunate to purchase this property at the beginning of the pandemic before the prices of properties had skyrocketed,” MacNeil says, before commenting on the property’s extensive renovation spearheaded by Monterey-based Holdren + Lietzke Architecture.
“This home has been modernized and opened up with more windows and access to the outside. It was renovated from top to bottom, both inside and outside with the finest finishes by Monterey-based Holdren + Lietzke Architecture,” MacNeil added.
Inside upgrades include the addition of a chef’s kitchen with custom cabinetry, three dishwashers and Wolf appliances, a 1,000-bottle temperature-controlled wine room, a laundry room with three sets of Miele commercial-grade washers and dryers, a billiards room, custom walnut and stone floors, and six fireplaces.
In addition, the property was updated with a copper roof, a backup battery system, a Lutron lighting system, an Axis security system, and geothermal heating and cooling systems.
The outdoor recreational areas have not been overlooked in the renovation process.
See also: You can buy the house Jennifer Aniston rented while filming ‘Friends’
Extensive landscape design completed in 2023 included adding a 30,000-gallon water collection and storage tank to reclaim water for landscaping use.
There’s also a built-in BBQ, dining and seating areas, hot tub, lower yard with putting green, tournament-ready bocce ball court with two firepits and built-in seating, and a pergola with solar panels.
Why would the WeatherTech founder part ways with his beautifully updated Pebble Beach house?
Talking about his decision to sell, MacNeal shares “Since I predominantly use another property in the vicinity when I spend time on the West Coast, I have made the difficult decision to put this property on the market for the next owners to thoroughly enjoy. The real estate market is lacking properties and I feel fortunate that I can pass this one on to someone else who can share it with their family and friends.
And he picked the best local realtor to find the right buyer.
The property’s real estate agent — Tim Allen of Tim Allen Properties Team, affiliated with Coldwell Banker Realty — is no stranger to selling multi-million dollar homes in the area for record amounts.
With nearly four decades of real estate sales experience under his belt, Allen was the #2 individual Coldwell Banker agent for 2022 sales (out of approximately 100,000 agents worldwide) and helped close some of 2023’s biggest real estate sales for the area, including the $29 million sale of the Butterly House in Carmel-by-the-Sea and the $22 million sale of architect Frank Lloyd Wright’s only oceanfront home in Carmel.
“The ultra-luxury market on the Peninsula remains strong, and we were fortunate to represent the buyers in two other iconic, historic local sales in 2023, a Frank Lloyd Wright-designed house and The Butterfly House, the latter of which was a record high for Carmel-by-the-Sea,” Allen says.
And he seems confident that the Pebble Beach house will also sell for top dollar.
“This architectural masterpiece provides a stunning setting for relaxation and magnificent views from its coastal Pebble Beach location. The house and property were completely reimagined and rebuilt to the highest quality, offering something unique and special to the market that had not been previously available,” the real estate agent adds.
Situated near the famous Pebble Beach Resorts, this property offers stunning views of Carmel Bay, Point Lobos, and the Pacific Ocean. Its location provides easy access to renowned golf courses, exclusive clubs, and the village of Carmel-by-the-Sea.
And just in case potential future owners need an extra reason to move to this idyllic area, we hear Brad Pitt lives nearby, in the historic DL James house (which also commanded a sale price somewhere around the $40 million mark).
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Florida’s luxury real estate market is heating up like a jet ski on a hot summer day. And three smart South Florida neighbors decided to cash in on that.
According to the Wall Street Journal, Jorge Luis Garcia, former owner of Orlando Family Physicians, and his adjoining neighbors, Juan Miguel Almeida and Adria Adrian Almeida are listing their Palm Island properties for a combined $150,000,000.
The three waterfront properties — adjacent to each other — are located on the 82-acre gated Palm Island, a man-made island in Biscayne Bay, Florida famous for its Latin Quarter nightclub, which was owned by Barbara Walters’ father, Lou, and is said to have been frequented by the likes of Frank Sinatra and Jane Russell.
Garcia reportedly owns two of the $50 million properties, with his neighbors owning the other, and they’re selling them as a package deal. But even if they were to list independently, the asking prices stand out for the area, as Palm Island’s record sale price for a single-family residence is $32 million.
But combining the properties definitely adds to the appeal of the offering.
Beyond bringing their ocean frontage up to 300 feet, the offering allows the right buyer to acquire several existing, already-built properties together — an option that’s becoming increasingly rare in greater Miami.
So let’s take a closer look at each of the three South Florida properties, currently offered as a package deal for a whopping $150 million.
#1 190 Palm Ave, Miami Beach
The largest of the three residences, 190 Palm Avenue offers 12,386 square feet of luxuriously appointed living space.
With a total of 7 bedrooms, 8 bathrooms, and 3 half bathrooms, the stately house pairs Mediterranean-style architecture with elegant, modern interiors.
#2 198 Palm Avenue, Miami Beach
While just a tad smaller than the neighboring house, at 11,650 square feet, 198 Palm Avenue is equally luxurious.
This one comes with 8 bedrooms, 9 full baths and 2 half baths, and sits on a 30,000-square-foot lot.
#3 210 Palm Avenue, Miami Beach
The third and last house has similar characteristics, clocking in at 11,349 square feet, with 6 bedrooms, 8.5 bathrooms, and a 30,000 sq. ft. lot.
Just like its neighbors, it has 100 feet of ocean frontage and has been meticulously appointed with the finest luxury finishes.
And while the trio of properties currently stands as one of the priciest residential listings in all of Florida, surpassed only by $187 million newly built mansion in Palm Beach, they wouldn’t set a new state record even if they were to sell at full ask.
The record for the most expensive home sale in Florida is held by billionaire Larry Ellison’s $173 million purchase of the Gemini mansion, the former Ziff family estate in Manalapan.
Nevertheless, the future sale will likely set a record for Palm Island, and bring this Miami Beach enclave into the spotlight, alongside more hyped areas like Star Island or Indian Creek, both holding headlines recently due to notable sales. Spearheading the efforts to make that a reality is Cesar Powell with Coldwell Banker Realty Miami Beach, who holds the listing.
And while the sellers aren’t at all interested in splitting it into three separate listings, we’d be remiss if we didn’t ask: Which one of the three properties do you like the most?
The article Three neighboring properties in Miami Beach eye $150 million sale first appeared on Fancy Pants Homes.
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