Cheapskates, beware. Move to one of America’s costliest cities and you’ll pay more than $600,000 for an average four-bedroom house or more than $2,300 a month for a typical two-bedroom apartment — plus $9 for a six-pack of good beer.
CCER, a suburban Washington, D.C., think tank, has been ranking U.S. cities’ living costs every year since 2008.
Volunteers in communities across America reach out to local businesses to price a basket of nearly 60 goods and services, from toothpaste to two-bedroom apartments. CCER then weights each price according to a U.S. Bureau of Labor Statistics formula to estimate how much it costs the typical professional/managerial household to live in each locale.
Prices reflect actual costs found in 2013 on 56 items available in one or more neighborhoods popular with each community’s professional/managerial class. Terms such as “average” or “lowest-priced” refer to how much a given item cost vs. what CCER found among all of the communities that it polled.
Here are the most and least expensive communities in the latest rundown from among the 308 cities and counties that CCER surveyed.
The rankings use actual 2013 prices on 56 goods and services available in one or more neighborhoods that are popular with each community’s professional or managerial workers. Terms such as “average” or “highest-priced” refer to how much a given item costs in a specific community relative to what CCER found nationwide.