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5 Worst Cities for Cheapskates

Fifth-costliest U.S. locale: San Jose, Calif.
Cost of living: 53.4% above U.S. average

Do you know the way to San Jose? It probably involves a stop at your bank for money.

Silicon Valley's unofficial capital has placed fifth or sixth among America's most-expensive cities every year since CCER began releasing its annual list in 2008.

That's mostly because San Jose housing costs 163.9% above the U.S. average. Zillow estimates the median San Jose home is worth $567,700, up 18.9% in just the past year.

CCER also found that San Jose utilities run 26.6% above average, while groceries cost 21.4% more than most U.S. households pay. Similarly, health care runs 18.2% ahead of average, while transportation is 11.4% more than usual.

If that's not enough to turn you off from moving there, Zillow has some 3,400 San Jose-area properties listed for sale.

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