Imagine looking through a fancy telescope at a distant galaxy, a billion light years from earth. Let's call it the Obama galaxy. You will have no way of telling how "far away" this galaxy is without reference to a cosmological survey chart. These charts are compiled using very sophisticated instrumentation which can calculate how much time the light has taken to get to reach the earth from various points in the universe. This chart tells you that the light from the Obama galaxy has taken a billion years to reach us and it them performs a simple calculation to turn this temporal interval into a spatial distance. This calculation will reveal to you that the Obama galaxy is 9,460,730,472,580,800,000,000 kilometers "away" from earth.
Does that make you any the wiser? If this number had a zero more on it, it would mean it was ten times further away and if it had a zero less it would be ten times closer. Does this give you a clearer mental picture of the universe? Of course it doesn't, which is why cosmologists don't express it this way. Not only does this silly calculation give you a number so large as to be meaningless, it also tells you nothing about the object you're looking at. The simple truth is that you can say nothing about the Obama galaxy which isn't a billion years out of date so to say it's "out there" at all is nonsense. It WAS "out there" a billion years ago and nobody will ever be able to tell you where the bloody thing is right now.
Why not just say the Obama galaxy lies a billion years in your past and leave it at that?
Regards Leo