Top 10 expensive cities in the US

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The high cost of living in certain US cities is due to a variety of reasons. Choosing for living an expensive city, Americans pay for the amenities and advantages that it offers, be it a comfortable climate, career prospects, developed infrastructure or a rich cultural life. Here is a list of the most expensive cities in the United States, based on data from the US Council for Social and Economic Research, writes Lifehacker.

10. Seattle

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Seattle is among the leaders in terms of economic development among US cities. Offices are located here. Microsoft, Amazon and many other high-tech companies that attract a huge number of professionals from around the world. This inevitably leads to higher prices in the real estate market. The cost of housing for owners and tenants here is already almost 80% higher than the national average, and they continue to grow.

9. Stamford, Connecticut

Stamford overtakes most US cities in the number of millionaires per capita. But no matter how expensive life is in Stamford, it is far from him in neighboring New York. In addition, everything is not so bad with transportation costs. Thanks to a developed network of electric trains connecting Stamford with New York, as well as an advantageous location on the northeast railway line, transportation costs are only 11% above average.

8. Boston

Due to the huge number of universities, hospitals, historical sites, as well as jobs for technology professionals, Boston is one of the most attractive cities for life. But despite the fact that the popularity of the city automatically makes life in it more expensive, a large number of students and recent graduates suggest that life in the city is quite accessible to those who are just getting up. For example, food products in Boston are only 6% more expensive than in other cities.

7. Oakland, California

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The average income in Auckland is almost the same as the average for the United States, but the cost of housing here is two and a half times higher. In 2016, property prices in Auckland rose by 9,6%, and it is expected that this year they will rise another 2,9%.

6. Washington DC

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Technically, Brooklyn is one of the districts of New York, but lately it has increasingly been referred to as an independent territorial unit. Just a few years ago, Brooklyn was considered a good alternative for those who could not afford to live in Manhattan. Now things are different. Housing expenses, including rental and mortgage, are here in 3 times higher than the national average.

4. San Francisco

Years of unrelenting economic growth, driven by the rapidly growing incomes of high-tech companies, have led San Francisco to become one of the most expensive cities in the country. Even in spite of high salaries, it’s very difficult to make ends meet.

Because of the fantastically high prices for housing, the purchase of real estate here is almost unreal, and the rent is fabulously expensive. To rent an apartment in San Francisco, you will have to pay an average of 3 548 dollars per month. This is more than three times the average rental price in other cities in the United States.

3. Honolulu

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Life in the paradise is not cheap: the people of Honolulu are paying almost more for everything than their compatriots on the mainland. Most goods sold in Hawaii are imported, which affects their prices accordingly. According to statistics, in Honolulu, the most expensive food among the 288 major cities in the United States. And the price of gasoline here is 30% higher than on the continent.

2. Sunnyvale, CA

Sunnyvale, like the entire Silicon Valley, is famous for its exorbitant high cost and the fact that it houses the world's largest high-tech companies. Sunnyvale is headquartered Yahooas well as offices of such giants as Intel, Tesla, Google and Apple. It is not surprising that there is an incredibly expensive housing: 375% more expensive than the national average. Six-figure wages, one of the highest in the United States, allow the residents of the city to cope with an unbearable financial burden.

1. Manhattan, New York

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In the rating of real estate prices in the United States, Manhattan is ranked first. Renting an apartment here will cost an average of $ 4 239 per month. In the grocery store, you leave 43% more, and you will have to pay 30% more for medical care and transportation services than residents of other US cities pay. And to enjoy life in Manhattan, you will have to fall in love with the crowd: the population density here is almost 27 000 people per km².

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