The 10 Priciest Places To Live In The Country

The 10 Priciest Places To Live In The Country

The 10 Priciest Places to Live in the Country

DAILY REAL ESTATE NEWS | TUESDAY, JUNE 28, 2016

About one in five housing markets are currently deemed unaffordable, according to new data released by RealtyTrac. In those locales, buying a median-priced home is less affordable than the historically normal level for that county. In a handful of counties, prices are so high that residents’ must use most of their paychecks to afford household expenses. 

To come up with their ranking, RealtyTrac took a look at sales data from 417 U.S. counties and used wage information from the Bureau of Labor Statistics.

The 10 most expensive places to live in America: 

  1. Brooklyn, N.Y.: 121.70% (the percentage of average wages needed to buy the median home in the area)

  2. Marin County, Calif.: 118.10%

  3. Santa Cruz, Calif.: 113.50%

  4. San Francisco, Calif.: 94.60%

  5. Maui, Hawaii: 92.80%

  6. San Luis Obispo, Calif.: 90.40%

  7. Napa, Calif.: 86.90%

  8. Monterey, Calif.: 84.50%

  9. Queens, N.Y.: 83.60%

  10. Sonoma, Calif.: 82.10%


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Dated: June 28th 2016
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