How widely does the cost of home building vary from city to city?
The latest figures we've seen were created by the Federal Housing Administration for a hypothetical frame house having 3 bedrooms, two baths, kitchen and dining and living rooms; total floor space, 1,138 square feet. In Chicago, which topped all other cities and was 29 percent above the national average, this house cost $14,007. The lowest figure was $9,133 for Knoxville, Tennessee. Cleveland, 21 percent above the national average, was the second from the top. The findings seem to bear very little relationship to size of city. In Philadelphia, for example, the hypothetical house costs only $10,079 to build.