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U.S. states and D.C. by median home price, February 2024 (in February 2024 dollars) [1] State rank State or territory Median home price in US$ 1 Hawaii: $839,013 2 California: $765,197 — District of Columbia: $610,548 3 Massachusetts: $596,410 4 Washington: $575,894 5 Colorado: $539,151 6 Utah: $509,433 7 New Jersey: $503,432 8 Oregon: $487,244 9
Linear Pricing Schedule - A pricing schedule in which there is a fixed price per unit, such that where total price paid is represented by T(q), quantity is represented by q and price per unit is represented by a constant p, T(q) = pq [1]
The places were sorted to show the cheapest price per square foot for new construction locations first to find the Southern cities where you can get a house for the lowest price per square foot ...
The board foot or board-foot is a unit of measurement for the volume of lumber in the United States and Canada [1]. It equals the volume of a board that is one foot (30.5 cm) in length, one foot in width, and one inch (2.54 cm) in thickness, or exactly 2.359 737 216 liters .
Above-ground lines cost around $10 per 1-foot (0.30 m) and underground lines cost in the range of $20 to $40 per 1-foot (0.30 m). [10] In highly urbanized areas, the cost of underground transmission can be 10–14 times as expensive as overhead. [11] However, these calculations may neglect the cost of power interruptions.
Denoting T is the total price paid, q is the quantity in units purchased, p is a constant price per unit, and k is the fixed cost, the affine price is then calculated by = +. [1] In mathematical language, the price is an affine function (sometimes also linear function) of the quantity bought.
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