Similar to how you need to have money to make money, there’s a bit of a catch 22 in choosing a place to live. The best financial opportunities are often found in prosperous cities. However, it often costs more to live in one of these places. Finding a balance between living costs and your own income is one of life’s great financial struggles. It only gets further exacerbated if you decide to settle down somewhere with a higher than average cost of living.
Using data from the Council for Community and Economic Research’s Cost of Living Index, we’ve compiled a list of the most expensive cities in the United States to live in right now. This index measures the price of housing, utilities, groceries, transportation, health care, and other goods and services in 270 urban areas across the country. To put it simply, living in certain U.S. cities will cost you a ton of extra cash.
If you’re thinking of relocating but also want to save some money, you should probably avoid the following 15 cities. They have the highest cost of living in the U.S.