The 25 most expensive U.S. cities to live in

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The most expensive cities involve high rent

Housing was the biggest expense for those living in the top 5 cities, forming 29.34% of the overall composite index of the cost of living.

An oft-quoted complaint, rent in New York City strains New Yorkers’ finances tremendously — with a one-bedroom apartment rental in Manhattan going for $3,100 a month — according to apartment-search site Naked Apartments.

Everyday living was also more expensive in the city. According to data company Numbeo, a meal at McDonald’s in New York costs $9 and a cappuccino demands $4.54. At the same time, median annual household income was around $75,400, according to Data USA.

On the West Coast, San Francisco’s housing situation has also become brutal for tenants in recent years.

Keep reading on Yahoo.com

New York City’s Manhattan and San Francisco are the most expensive places to live in the United States (Graphic: David Foster).

 

The most and least expensive U.S. cities. (Source: The Council for Community and Economic Research)

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