New York and California Cities Top U.S. List of Most Expensive Places to Live
Manhattan leads with soaring housing costs, while European cities like Zurich and Geneva dominate global rankings.
- Manhattan is the most expensive U.S. city, with living costs more than double the national average and a median home price of $936,000.
- California cities such as San Jose and San Francisco also rank high, with median home prices around $1.5 million and $1.3 million, respectively.
- Honolulu, Hawaii, ranks as the second most expensive U.S. city, where groceries cost 24% above the national average.
- Globally, Hong Kong, Singapore, and Zurich are the most expensive cities, driven by high rent and living costs.
- Los Angeles and Washington, D.C. face high living costs, with significant portions of their populations living below the poverty line.