10 Most Expensive & Cheapest Places to Live in the U.S.

April 9, 2013

Manhattan, New York

If you’re looking to avoid a high cost of living, you’re best to avoid the bright lights of big cities. Manhattan, New York ranks number one for highest costs for the 7th year in a row.  No big surprise there, but apparently paradise also comes with a heftyprice tag.  Honolulu comes in 3rd on the list.

The Council for Community and Economic Research recently crunched more than 50,000 prices for common purchases in more than 300 urban areas.  They looked at everything from grocery items to transportation and housing.  Based on those comparisons, here are the 10 most expensive cities in the country.

10 Most Expensive Places to Live

  1. Manhattan, New York
  2. Brooklyn, New York
  3. Honolulu, Hawaii
  4. San Francisco, California
  5. San Jose, California
  6. Queens, New York
  7. Stamford, Connecticut
  8. Washington D.C.
  9. Orange County, California
  10. Boston, Massachusetts

 If you’re fed up with paying more for common purchases like milk and gasoline, consider that a half-gallon of milk in Manhattan costs $2.34 and a gallon of gas comes in at $3.97. Click here to compare prices between the cities and to read more on CBS Money Watch.

Cheapest Places to Live

When it comes to affordable living, a city in the Lone Star State takes the top spot for the 3rd straight year.  The cost of living in Harlingen, Texas actually fell by just over half a point from last year.  Here are the top 10 cheapest cities in the U.S. according to the Council for Community and Economic Research’s Cost of Living Index.

10 Cheapest Places to Live

  1. Harlingen, Texas
  2. McAllen, Texas
  3. Norman, Oklahoma
  4. Ardmore, Oklahoma
  5. Memphis, Tennessee
  6. Fayetteville, Arkansans
  7. Wichita Falls, Texas
  8. Muskogee, Oklahoma
  9. Pueblo, Colorado
  10. Ashland, Ohio