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The 10 Most Expensive Cities in America

NEW YORK (TheStreet) -- Wouldn't it be nice if we all could walk through life without those pesky financial worries that so often prevent us from having a good time?

Many of us stop to ask ourselves "Can I really afford to buy this?" before making a fun purchase. Perhaps you’re debating about taking a trip overseas or just trying to decide if you can go out to eat.

A number of economic burdens can stop us from enjoying ourselves. We have to worry about bills, mortgages, rent, groceries and more. These burdens are heavy, and can feel even more so depending on which city in the U.S. you call home. 

The following is a list of the 10 most expensive U.S. cities to live in, based on data compiled for the Council for Community and Economic Research’s Cost of Living Index. The Index weighed several factors in 308 cities in order to determine the most expensive, including the average cost of rent, price of a home, the cost of specific grocery items, the price of a visit to the doctor and more.

 

10. Hilo, Hawaii

Hilo is the least expensive city on our "most expensive" list. Tourists visiting "The Aloha State" often find themselves never wanting to leave, and who could blame them? The state offers an array of activities from surfing, scuba diving, snorkeling and, for you relax-with-a-good-book types, enjoying the warm weather and the ocean breeze is the perfect way to spend an afternoon.

Price of a home: $488,500

Average Rent: $928

Cost of a Coke: $2.41

Cost of a Dozen Eggs: $3.73

Average Cost of a Visit to the Doctor: $116.11

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