The Most Expensive Places for Families to Live in the U.S.

As Americans, particularly younger workers, try to find work and build their financial futures, they increasingly have to move to cities  to do it. Yet once there, they face costs of living that are all but crippling. The new wealth that these workers build gets soaked up by rent seekers, whether in the form of food prices, transportation or literal rent.

In San Francisco, for example, it would cost a family of four $148,440 per year to achieve a "modest yet adequate standard of living." This includes food for two adults and two children but no restaurants. It also includes healthcare purchased through Obamacare's lowest-cost options and the indulgence of a second bedroom shared by both children.

Based on the Economic Policy Institute's Family Budget Calculator, this is the income two adults and two children would need monthly and annually to attain a "modest yet adequate" standard of living in a selection of the most expensive cities in the U.S. These expenses include: housing, food, child care, transportation, healthcare, taxes and other necessities.

1. San Francisco
1. San Francisco

1. San Francisco

$12,370 a month

$148,440 a year

Photo: Shutterstock

2. San Jose/Sunnyvale/Santa Clara Calif.
2. San Jose/Sunnyvale/Santa Clara Calif.

2. San Jose/Sunnyvale/Santa Clara Calif.

$10,758 a month

$129,092 a year

Photo: Sundry Photography / Shutterstock

3. New York City
3. New York City

3. New York City

$10,344 a month

$124,129 a year

Photo: Shutterstock

4. Oakland/Fremont Calif.
4. Oakland/Fremont Calif.

4. Oakland/Fremont Calif.

$10,276 a month

$123,310 a year

Photo: BondRocketImages / Shutterstock

5. Fairbanks, Alaska
5. Fairbanks, Alaska

5. Fairbanks, Alaska

$9,952 a month

$119,419 a year

Photo: Joseph Sohm / Shutterstock

6. Honolulu
6. Honolulu

6. Honolulu

$9,632 a month

$115,583 a year

Photo: Phillip B. Espinasse / Shutterstock

7. Anchorage, Alaska
7. Anchorage, Alaska

7. Anchorage, Alaska

$9,587 a month

$115,042 a year

Photo: Shutterstock

8. Nome, Alaska
8. Nome, Alaska

8. Nome, Alaska

$9,566 a month

$114,788 a year

Photo: Jerzy Strzelecki/Wikipedia

9. Boston/Cambridge/Quincy Mass.
9. Boston/Cambridge/Quincy Mass.

9. Boston/Cambridge/Quincy Mass

$9,463 a month

$113,558 a year

Photo: Shutterstock

10. Ithaca, N.Y.
10. Ithaca, N.Y.

10. Ithaca, N.Y.

$9,332 a month

$111,990 a year

Photo: Shutterstock

11. Santa Cruz /Watsonville, Calif.
11. Santa Cruz /Watsonville, Calif.

11. Santa Cruz /Watsonville, Calif.

$9,283 a month

$111,391 a year

Photo: Asif Islam / Shutterstock

12. Jackson, Wy. (Teton County)
12. Jackson, Wy. (Teton County)

12. Jackson, Wy. (Teton County)

$9,229 a month

$110,746 a year

Photo: f11photo / Shutterstock

13. Maui, Hawaii
13. Maui, Hawaii

13. Maui, Hawaii

$9,194 a month

$110,331 a year

Photo: Shutterstock

14. Aspen, Co. (Pitkin County)
14. Aspen, Co. (Pitkin County)

14. Aspen, Co. (Pitkin County)

$9,058 a month

$108,697 a year

Photo: action sports / Shutterstock

15. Washington, D.C. metro area
15. Washington, D.C. metro area

15. Washington, D.C. metro area

$8,795 a month

$105,539 a year

Above, Alexandria, Va., is part of this metro area. Photo: Shutterstock

16. Burlington/South Burlington, Vt.
16. Burlington/South Burlington, Vt.

16. Burlington/South Burlington Vt.

$8,774 a month

$105,289 a year

Photo: Erika J Mitchell / Shutterstock

17. Key West, Fla. (Monroe County)
17. Key West, Fla. (Monroe County)

17. Key West, Fla. (Monroe County)

$8,670 a month

$104,037 a year

Photo: Shutterstock

18. Albany/Schenectady/Troy, N.Y.
18. Albany/Schenectady/Troy, N.Y.

18. Albany/Schenectady/Troy, N.Y.

$8,488 a month

$101,855 a year

Photo: Shutterstock

19. Minneapolis/St. Paul/Bloomington
19. Minneapolis/St. Paul/Bloomington

19. Minneapolis/St. Paul/Bloomington

$8,223 a month

$98,675 a year

Photo: Shutterstock

20. San Diego, Calif.
20. San Diego, Calif.

20. San Diego, Calif. 

$8,129 a month

$97,547 a year

Photo: Shutterstock

21. Seattle/Bellevue, Wash.
21. Seattle/Bellevue, Wash.

21. Seattle/Bellevue, Wash.

$8,095 a month

$97,142 a year

Photo: Shutterstock

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This article was written by a staff member of TheStreet.

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