What makes a city the most expensive in the United States? There are several reasons for that, including great weather and cosmopolitan life. However, isolation can play a major role in why some cities are so expensive. Read on to discover the benefits and drawbacks of living in a costly city. We've listed down the most expensive cities in the U.S. and explained their costs.
The cost of living index is critical for comparing U.S. cities, but it's difficult to compare one city to another. The U.S. Census Bureau publishes cost-of-living data for all cities and counties, and the St. Louis Federal Reserve has compiled this information for use in city-level comparisons. While the cost of living index is not a perfect predictor of affordability, it's a helpful way to compare different cities.