Most Expensive City in USA - It's not NYC or San Francisco
According to US news, a surprising city in california is the most expensive city in the US. According to U.S. news & World Report's Most Expensive Places to Live in the U.S. in 2023–2024 list, San Diego is the most expensive city in the nation when quality of life, affordability of housing, and attractiveness are taken into account. Renowned cities with high real estate prices, such as san francisco and New York City, came in sixth and eleventh place, respectively.
Well-known for their pricey real estate, cities like san francisco and New York City were placed sixth and eleventh, respectively, which is significantly lower. Three of the top five cities and up to 12 of the 25 cities on the list are in California. Santa Barbara and Los Angeles ranked sixth and second, respectively. The Best Places to Live study by US news uses the indices. It considered variables including the unemployment rate, blended median annual family income, crime rate, and standard of education.
Zillow reports that San Diego's average house value of $961,629 is significantly higher than the US average of $348,539 for residential properties. Nonetheless, san francisco has a greater average house value than San Diego—$1.3 million. Furthermore, San Diego's $3,200 median monthly rent is less than that of other less costly cities. For instance, Zillow estimates that the typical monthly rent in New York is around $3,600, while in san francisco it is approximately $3,500.
Well-known for their pricey real estate, cities like san francisco and New York City were placed sixth and eleventh, respectively, which is significantly lower. Three of the top five cities and up to 12 of the 25 cities on the list are in California. Santa Barbara and Los Angeles ranked sixth and second, respectively. The Best Places to Live study by US news uses the indices. It considered variables including the unemployment rate, blended median annual family income, crime rate, and standard of education.
Zillow reports that San Diego's average house value of $961,629 is significantly higher than the US average of $348,539 for residential properties. Nonetheless, san francisco has a greater average house value than San Diego—$1.3 million. Furthermore, San Diego's $3,200 median monthly rent is less than that of other less costly cities. For instance, Zillow estimates that the typical monthly rent in New York is around $3,600, while in san francisco it is approximately $3,500.