Slide Show | June 2013

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Most Expensive U.S. Cities to Live In

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When you leave the nation’s heartland and head to the coasts, costs can skyrocket. Five of the ten most expensive cities we found are in California, and four are on the East Coast. The tenth city is located outside the contiguous 48 states.

We compiled our list based on the Council for Community and Economic Research’s calculations of living expenses in 307 urban areas. Its Cost of Living Index measures prices for housing, groceries, utilities, transportation, health care, and miscellaneous goods and services. We screened out cities with population below 50,000. And because we wanted to pinpoint specific cities with the highest living costs, we also omitted pricey counties with multiple large population centers, such as Orange County, Calif., and Nassau County, N.Y.

Take a look at our list of the 10 most expensive places to live in the U.S.

Data on population, household income and home values provided by the U.S. Census Bureau. Number of millionaire households, defined as households with at least $1 million in investable assets, courtesy of Phoenix Marketing International.

Most Expensive U.S. Cities to Live In

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