Most expensive cities to live in USA-New York City is not only home to the most expensive city in the United States but also among the most expensive cities in the world.
This makes it difficult for people who live outside of New York or people looking for apartments on a budget to make it their permanent residence. below down is the list of top 10 Most expensive cities to live in USA
1. New York
New York City is not only home to the most expensive city in the United States, but also among the most expensive cities in the world. The average price of a Manhattan apartment is $1,489 per square foot with some asking upwards of $30 million for a luxury condo.
2.San Francisco, California
The cost of living in San Francisco is rising significantly as the city becomes more and more popular. This has been a long-time issue for residents due to the high housing costs and high minimum cost of living.
San Francisco, California is one of the most expensive cities to live in in the United States. The minimum cost of living in San Francisco is $94,767 per year, according to a study by RentCafe.
This has made it difficult for residents to find affordable housing and still be able regain a decent standard of living as well as make ends meet for their family.
3. Honolulu, Hawaii
Honolulu, Hawaii is the 3rd most expensive city to live in the United States of America. It has been on the list for several years now and there is a good reason for this – Hawaii’s economy relies heavily on tourism. This increases demand of space and property prices.
This doesn’t mean you should forget about living in Hawaii if you don’t have that much money saved up because there are plenty of ways to save up money. Buy a car, rent a cheap apartment or find a roommate who can split their cost with you.
4. Boston, Massachusetts
Boston is an expensive city in the USA and has been for a long time. It has always been one of the most popular cities with young professionals, and it’s no surprise that it has the highest number of college graduates in the country.
It’s also home to some of the best colleges in America, giving it a huge intellectual population. All these factors make it an amazing place to live.
Boston is also very walkable, giving people plenty of opportunity to enjoy what this city has to offer without ever needing to drive.
The capital of the United States, Washington D.C. is home to some of the most expensive housing in the country.
Washington D.C., with a population of approximately 648,000, is the most expensive city in which to live in America. The median price for a single-family home here is $500,000 and a monthly mortgage payment would average around $2,200 or more than $28,000 annually on one property alone.
Oakland is one of the most expensive cities in the United States to live. The median home price in Oakland is $767,500, which is more than double the median price of $355,000 nationwide.
In addition to the high cost of living, Oakland has a high crime rate and public safety issues. This included homicide rates in 2016 that were the highest they have been since 1990.
7.San Jose, California
San Jose has been voted as the most expensive city in the United States. With its high cost of living, it is not recommended for those who want to live a more low-cost lifestyle.
According to the CBRE, San Jose ranked first in the U.S. for highest average asking rent for offices.
8.San Diego, California
San Diego is considered to be the most expensive city to live in the US. San Diego is a city in California on the coast of the Pacific Ocean and it is a tourist destination.
San Diego was founded in 1769 by Spanish explorer Gaspar de Portola, who named it after Saint Didacus, a Spanish priest and missionary who traveled with him.
As of 2019, San Diego has an estimated population of 1.43 million people. The median age of residents is 36 years old, more than any other city in America excluding Honolulu and Santa Fe (which were two cities that were among the top ten most expensive cities to live).
9.Los Angeles, California
n 2018, Los Angeles was named the most expensive city in the United States. The cost of living in California is high and there are a lot of factors that contribute to its high cost.
Los Angeles is famous for its film industry, entertainment, and beaches but it’s also known as the most expensive city to live in the United States. People who are looking for a new home have to pay big bucks when they buy one in LA.
Los Angeles is also considered an expensive place because of taxes, living expenses and local transportation costs which account for about 60% of the total cost of living.
Miami is the most expensive city to live in U.S with a high cost of living and high-income population. It is also the most populous city in Florida, which is one of the fastest growing states in the country.
The cost-of-living index for Miami has been on an upward trend from 2009 to 2019. In 2009, Miami was ranked 23rd among all of the major cities in terms of its cost of living and it ranked as number one by 2014.
For a single person living in Miami, they need to make at least $113,000 a year to afford their basic needs based on the Bureau’s 2015 report.
So, this was the list of Top 10 Most expensive cities to live in USA. I hope you loved reading it.
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