Most Expensive City - No Surprise
If you took a typical family of four earning a total of $60,000 and moved them around the country, the city in which they would have to spend the most in order to maintain their lifestyle is, with no suprise, New York City.
According to the analysis by Runzheimer International, the annual cost for this family to live in Manhattan is $146,040, including housing, taxes, and costs of owning two vehicles or commutation depending on location.
Unless I'm missing something, a family earning $60,000 each year with $146,000 in expenses each year is in a very bad position.
At an annual cost of $146,060, Manhattan homeowners pay 137.9% more than the national average. And it costs $12,173 more a year to live in Manhattan than to live similarly in San Francisco, according to Runzheimer. The difference between the second and third locations, San Francisco and Los Angeles, is $16,161.
This post was brought to you by Consumerism Commentary. More comments (4) may be found here.
What do you think of this post? Be the first to share your opinions.
Similar Posts
Reasonable and Customary? (November 29, 2005)
This coming Friday, I'll be the happy recipient of oral surgery. My third molars (wisdom teeth) have been slowly creeping towards the surface of my gums for the last ten years, and I've decided it's time to get them yanked. My company's health plan requires ... Read
This coming Friday, I'll be the happy recipient of oral surgery. My third molars (wisdom teeth) have been slowly creeping towards the surface of my gums for the last ten years, and I've decided it's time to get them yanked. My company's health plan requires ... Read
Started Saving $70/mo (November 22, 2005)
With my latest cable bill, the last promotion I had (Digital Silver Plus with Comcast ended, and the price for the service would be going up to $85 per month. I don't wantch too much television anyway, so I decided it was time to break ... Read
With my latest cable bill, the last promotion I had (Digital Silver Plus with Comcast ended, and the price for the service would be going up to $85 per month. I don't wantch too much television anyway, so I decided it was time to break ... Read
Purchased a Bed (October 31, 2005)
I made a purchase yesterday that will hopefully improve the quality of my life considerably. My girlfriend and I decided to split the cost of a new bed. For the last several years, I've been sleeping on a twenty year old bed. I purchased the ... Read
I made a purchase yesterday that will hopefully improve the quality of my life considerably. My girlfriend and I decided to split the cost of a new bed. For the last several years, I've been sleeping on a twenty year old bed. I purchased the ... Read
Medical Billing Errors (September 26, 2005)
If you ever find yourself in a hospital, always check your bill once you get out. A few years ago, I found myself in the hospital for a few hours for something minor. My insurance took care of mostly everything without a problem. I checked ... Read
If you ever find yourself in a hospital, always check your bill once you get out. A few years ago, I found myself in the hospital for a few hours for something minor. My insurance took care of mostly everything without a problem. I checked ... Read
Email addresses will never be collected or sold.
