Americans are moving out of big cities in states like New York, California and Illinois at an accelerated rate to more affordable areas of the country, according to Census Bureau data.
Nearly 80,000 people left New York City just last year, according to the latest Census Bureau data. The motivation for many is that big-city rents are increasing and people are looking for a more affordable lifestyle. "Good luck to anyone trying to move find an apartment. It’s not easy," said New York City resident, Sophie Aldoh.
That's up $24 a month from 2022. Zachi partially blames the pandemic for the uptick in rent prices across the country. "During that time, less and less developers built new apartment buildings. We are seeing that effect now. So there was about a quarter of what should have been built that was built in 2023," said Zachi. Other states seeing people bolt are California, Illinois, and Pennsylvania. The states seeing an increase of people moving in are Arizona, Texas, and Florida.
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