The Five Most Expensive Cities in America
Location plays an important part on the kind of lifestyle a person lives. Furthermore, it also influences our expenditures and budget. We cannot deny that there are certain cities that have cheaper commodities and apartments and others that are really pricey. Knowing the priciest cities in America can be helpful in decision-making especially about where to go to college.
1. New York City
New York is, obviously, the most expensive city in the US. It has been in the top spot for several years already. Despite the crisis and the lows in the economy, the prices in the Big Apple are still higher than the country's average. A music CD in New York costs around $16. A hamburger fast food meal is about $6.30. So you can judge by now that the rent for a luxury and unfurnished apartment will cost you around $4,300. The housing expenses in New York is the country's highest.
2. Honolulu, Hawaii
Honolulu, Hawaii comes in next in the list. The picturesque views that surround you also come with a hefty price tag that you have to pay. Although the mortgage is cheaper, but when combined with other expenses like food, gas, and other utilities, you may have to spend a lot to sustain yourself.
3. San Francisco, California
Third is San Francisco, California. This city is known for its laid-back atmosphere and the different places to go to for adventure. What makes the city expensive is the home price, the rent and the gasoline prices. All of these are higher than the national average, especially the home price and rent which are more than double.
4. San Jose, California
Still in California, San Jose ranks fourth. Although the residents in San Jose are few of the people who receive higher salaries in the country, their expenses also match what they earn. Their housing expenses are really expensive. Along with the other high expenses like transportation and utilities, it can be a burden to the people.
5. Stamford Connecticut
Stamford Connecticut is the last on the list. Although Stamford is way cheaper compared to New York, it still is pricey compared to other cities. The apartment rent is slightly higher than the nation's average. Health care and utility in the city are also more expensive compared to the other cities on the list.