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by CareyBot

Transportation expenses exceed housing costs for low- to moderate-income working families in some major metro areas, according to a report by an affordable-housing research group. The report by the Center for Housing Policy, a research affiliate of the National Housing Conference, an affordable-housing advocacy group, states that working families with annual incomes ranging from $20,000 to $50,000 pay more for transportation than they do for housing in 17 of 28 metro areas studied. And across all 28 metro areas, working families spend an average of 28 percent, or $9,700, of their incomes for housing and about 30 percent, or $10,400, for transportation. Transportation costs are based on auto ownership, auto use and public transit use, and take into account the cost of commuting, as well a...