Small Cities With Shockingly High Living Costs

Sometimes the smallest places come with the biggest price tags.

Silicon Valley and Green Hills at Dusk. Monument Peak, Ed R. Levin County Park, Milpitas, California, USA.
(Image credit: yhelfman)

It probably doesn't come as a surprise that big cities, for the most part, come with high costs of living. No one expects to save money by moving to New York or San Francisco. But you don't have to live in a sprawling metropolis to get hit with high prices. Sometimes the smallest of cities can come with the biggest price tags.

Take Stamford, Conn. It has a population of less than 130,000 and yet it ranks ninth on our 2017 list of the most expensive places to live in the U.S.. Then there's Sunnyvale, Calif., which is only marginally bigger than Stamford. This slice of Silicon Valley, which places second in our rankings, is saddled with higher living costs than Boston, Washington, D.C., or even the aforementioned San Francisco.

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Dan Burrows
Senior Investing Writer, Kiplinger.com

Dan Burrows is Kiplinger's senior investing writer, having joined the august publication full time in 2016.

A long-time financial journalist, Dan is a veteran of SmartMoney, MarketWatch, CBS MoneyWatch, InvestorPlace and DailyFinance. He has written for The Wall Street Journal, Bloomberg, Consumer Reports, Senior Executive and Boston magazine, and his stories have appeared in the New York Daily News, the San Jose Mercury News and Investor's Business Daily, among other publications. As a senior writer at AOL's DailyFinance, Dan reported market news from the floor of the New York Stock Exchange and hosted a weekly video segment on equities.

Once upon a time – before his days as a financial reporter and assistant financial editor at legendary fashion trade paper Women's Wear Daily – Dan worked for Spy magazine, scribbled away at Time Inc. and contributed to Maxim magazine back when lad mags were a thing. He's also written for Esquire magazine's Dubious Achievements Awards.

In his current role at Kiplinger, Dan writes about equities, fixed income, currencies, commodities, funds, macroeconomics, demographics, real estate, cost of living indexes and more.

Dan holds a bachelor's degree from Oberlin College and a master's degree from Columbia University.

Disclosure: Dan does not trade stocks or other securities. Rather, he dollar-cost averages into cheap funds and index funds and holds them forever in tax-advantaged accounts.