Posted on 08/24/2023 9:00:32 AM PDT by lowbridge
New York's Manhattan borough is the most expensive place to live in the U.S. by a wide margin — the cost of living there is more than double the national average.
Living costs in Manhattan are 122% higher than average, according to data from The Council for Community and Economic Research's Cost of Living Index, which measures regional price differences for everyday goods and services in 271 urban areas.
Manhattan isn't just expensive, it's considerably more costly than other highly ranked places in the index.
The New York borough's cost of living is 24% more than Honolulu's, the second-most expensive urban area in the U.S. And it's 31% higher than San Francisco's, the third-most expensive city, according to C2ER's data.
The cost of living is expressed as a composite index score, based on six weighted categories: housing, utilities, groceries, transportation, health care and miscellaneous goods or services. A composite score of 100 is the national average, and any score higher than 100 is above average.
Here's a look at the 15 most expensive urban areas, based on composite index scores.
New York (Manhattan): 222
Honolulu: 179
San Francisco: 169.9
New York (Brooklyn): 159.1
Orange County, California: 150.3
Los Angeles (Long Beach): 149.1
Washington, D.C.: 148.4
Seattle: 144.5
San Diego: 142.5
Arlington, Virginia: 140.1
Oakland, California: 140
New York (Queens): 136.3
Bethesda-Gaithersburg-Frederick, Maryland.: 135.8
Nassau County, New York: 135.2
(Excerpt) Read more at cnbc.com ...
In New York specifically, you pay a premium price to be in Manhattan, rather than the outer boroughs.
In just about any city any of us can think of, there are upscale neighbirhoods which are far mosre costly to live in, than the kess desirable areas if the city and metro area.
I guessed right on the top two before looking. No clue after that.
San Francisco IS the most expensive city in North America to live in. It falls to second only when you consider Manhattan separately.
The weirdest thing about this is that I can’t imagine even wanting to live in Manhattan. I wouldn’t even live there for free. What a hole.
When I arrived in Chicago in February 1962, to commence my job in a large manufacturing company, Chicago was a very nice place. Great restaurants, good golf courses, many museums, and a steak dinner at Ted’s grill in downtown was $1.19 (with baked potato & salad & garlic toast). I would be standing at a bus stop on Clark street at 1 AM for bus to my Fullerton ave cheap apartment. I was probably half drunk after my Saturday evening date, but never felt unsafe.
Now I do not want to go even for a visit to Chicago.
What DO those cities have in common???
🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔
Most, if not all......
Suddenly a borough becomes a city. We’re supposed to overlook that magical transformation.
Hardly news.
I am surprised SF is so high. You don’t need a bathroom to live there.
Manhattan isn’t a city, so it’s a fake headline.
THE 9 1/2% SOLUTION
A Rabbi schools us on our failure to keep government within Mr. Jefferson’s “...chains of the Constitution”. We are now and will continue to pay a dear price for that neglect!
6 MINUTES
https://youtu.be/OKZsBb3PF6Y
It’s amazing. The highest price suggests high demand and low supply. Yet these are the filthiest, most drug-infested, highest crime cities in the country.
We keep hearing about people fleeing these sh!t hole cities, yet the demand is still there to keep those prices in the stratosphere.
It doesn’t add up.
The lower cost of living here in Idaho is real nice.
Is it just a coincidence that the 15 most expensive places to live are all Democrat strongholds?
Baltimore, St. Louis, Detroit, New Orleans, etc. are worse. Rich people live in NY, SF, LA, DC. So prices are high. Bums and addicts don't mind living there either. Rich people don't mind paying high taxes and don't want to support the police, so the cities go downhill. But there are still worse places to live.
Why would anyone pay a premium to live in a shithole?
Because they are idiots!
The rich people don’t have to deal with most of the bad consequences of these cities.
Their high rises have armed guards and sophisticated electronic security.
Their vehicles are in highly secure garages—or they have chauffeurs driving them from place to place.
Their workplaces have similar security measures.
That is why they don’t care if the police forces are defunded—they don’t need them anyway.
“The lower cost of living here in Idaho is real nice.”
I moved ONE county over in South Central Wisconsin 8 years ago. Takes about 45 minutes to get from my old farm to my new farm.
Old farm: Taxes were $3,800.00 for ONE acre. (Hobby Farm.)
New farm: Taxes are $3K for 160 acres and a house twice as big.
Big city living doesn’t appeal to me in the least.
I heard Oakland is a ghetto. But I also heard that some of it is gentrifying due to professionals who can't afford San Francisco.
I'm still surprised to see it make the list.
I know how you feel.
I grew up in a small town outside of Raleigh during the fifties.
Now that small town is PART OF RALEIGH and has been ruined!
It is no longer home. I have no desire to visit there again.
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