U.S. Cities With Higher Living See No Change Despite Housing Falls

October 19, 2009

US (ChattahBox) – The top most expensive cities in the United States are a rather obvious list. But as housing prices and other items fall, no change is made in the order.

The current list, according to the London-based Mercer, is as follows:

10. Washington, D.C.
9. Houston, Texas
8. Boston, Mass.
7. Chicago, Ill.
6. Miami, Fla.
5. Honolulu, Hawaii
4. San Francisco, Calif.
3. White Plains, N.Y.
2. Los Angeles, Calif.
1. New York, N.Y.

(Courtesy of Forbes.com)

The price of renting an apartment in areas like New York have gone down several hundred dollars per month. This is an even more significant amount on luxury apartment, with normally cost $4000 or more per month for an unfurnished 2 bedroom.

But despite this, New Yorkers, or other expensive city livers, are seeing no positive change in their ability to maintain average living costs.

As a matter of fact, the ability for the average middle class citizen to cope with even the barest necessities is taking a beating, though admittedly things so not look as dire as they did even this time last year.

But as these problems persist, these cities are seeing drastic population decreases, as a large perentage of current residents jump ship and hed to less costly waters.



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