It’s always a dream for most of us to have our own house where we can stay stress-free with our loved ones. Are you planning to buy a house in the United States? Here’s all you should know about the most expensive cities in the country.
San Francisco, California
If you are looking for the most expensive cities in the U.S., San Francisco is one of our list’s top ones. The out-of-reach housing prices and high living costs make people think of leaving this city and shifting to another every day. The prices of median homes are around $1.4 million in San Francisco city. The major industries of this area are I.T., tourism, and financial services. If a family of 4 people wants to make ends meet, they need to have a household income of around $103,200. A good thing about San Francisco is that the rate of unemployment is very low (approximately 1.8 percent).
New York City, New York
It is the topmost on the list of the most expensive cities to stay in in the U.S. If someone wishes to live in Manhattan, the cost of living has increased by around 154 percent more than the national price. People who want to live in median homes need to pay about $652,700. The national median in the U.S. is around $245,000. The home prices in Manhattan easily lie above $1 million.
The cost of public transport and groceries is also high in New York. If you plan to stay here, you should be ready to break the bank because it’ll cost most of your pennies to find a home here.
