The Top 5 Most Exspensive Cities

Which cities are the most overpriced cities to live in? With high housing prices, lofty living costs and unemployment rates among the highest in the nation Los Angeles tops the list of America’s most expensive cities.

Chicago comes in at number two with a 9.4% metro area unemployment rate and the cost of living trailing only Los Angeles and New York. But you do not get to enjoy sunny beaches like you can in Los Angles - this is the windy city! Chicago has both extreme summers and winters.

Coming in at number three is Miami. Which again at least this city can offer sunny beaches and warm weather.

Number four is New York City… you guessed it! With New York’s high costs and an 8.8% unemployment rate the odds are not in anyone’s favor. Even people with the earning power of a bachelor’s degrees–$69,200 per year, on average, according to PayScale.com–still not enough income to bridge the gap.

Cleveland comes in at number five with high unemployment rates and low average salaries.

If you have the choice be sure to steer clear of these areas…unless you make enough money to live happily anywhere you choose ☺