In college towns across America, young alumni often spend their first years in the workforce a few miles from their alma mater. Stanford students planning to stay close to the Farm after graduation had better find a lucrative source of income quickly — Palo Alto won the dubious honor of most expensive “football town” in a Coldwell Banker survey for the third year in a row.

Stanford’s local community topped the list of 119 NCAA Division I schools surveyed. A four-bedroom home of 2,200 square feet costs an average of $1.7 million in Palo Alto, the realtors found.

Bargain hunters should look to the Midwest. In the least expensive college town, Muncie, Ind., the same size house sells for an average of $150,000.