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Property Crossroads - Real Estate Info

Tired of rising gas prices? Look at where you live

by Dan on June 13th, 2008

It’s no fun filling up at the gas pump. Not that it ever was, of course, but today, with gas in many cities having cleared the $4-a-gallon hurdle, it’s more painful than ever.

But did you know that where you live could have a significant impact on how painful these rising gasoline costs are?

An interesting story on CNNMoney.com, which you can read here, ranks the U.S. cities best able to withstand rising oil prices. These cities boasted the best public-transportation systems, the most workers who telecommuted and the most people who walked or biked to their destinations.

Writer Lara Moscrip ranked San Francisco as the top city, followed by New York, Chicago, Washington, D.C. and Seattle. On the other end of the list, the cities that are not positioned to weather the oil crisis at all, came Virginia Beach, Va.; Fort Worth, Texas; Nashville; Arlington, Texas; and Jacksonville, Fla.

So if you are worried about rising fuel costs, and you happen to be looking to move, you might want to pick a city where you can ditch that gas-guzzling SUV and instead jump on the train to work.

Your wallet will thank you.

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