Boston, Massachusetts
Health care and groceries cost a lot of their bank balance in Boston (Massachusetts). This number exceeds the national average of 14 percent for food and 22 percent for healthcare. Boston provides its citizens with a fantastic tech scene that stands with Silicon Valley, higher education facilities, and historical sites to visit, making Boston one of the best tourist spots in the U.S. The unemployment rate in Boston, Massachusetts, is 2.1% in Boston and the nearby areas (according to the survey of December 2019). Still, the residents of this city have to spend a lot of money for the sake of staying. $632,000 is the median home value in Boston, while its citizens’ household income is around $65,900. If a family consists of four members, they would need $84,905 in income to run the household well.
Oakland, California
It is situated on the opposing end of the Bay Bridge. Such a location makes it a cheaper place to stay in comparison to San Francisco. However, the city of Oakland, also situated in California, is a very expensive place to stay in the U.S. and costs more than many other cities you can choose to live in. $765,400 is the median home price in Oakland, and the money one would need to pay rent is around $3000 per month. The national average rent is $1600, and that of Oakland is just double that. We can already imagine how expensive this city must be!
Miami, Florida
Miami is a south USA city that ranks among our top expensive cities in the United States. This wonderful city has a high population of wealthy and bank-breaking foreigners willing to stay here even if they need to pay more. Apart from tourism, there is the busiest cruise ship port globally and numerous international financial institutions in Miami that give this city a high price tag. If you want a median house in Miami, your income should be around 53,300 dollars. While the national average unemployment rate is more than that of Miami (1.8 percent), a family of four members would require a per-month income of $70,800 to make both ends meet. Miami is a stylish city that has newly constructed commercial and residential buildings.
In this article, we saw the most expensive cities to live in in the United States. Apart from these, there are many cities worldwide where people find it hard to make ends meet with their families.
