NEW YORK ( TheStreet) -- Manhattan, New York has the most expensive real estate in the U.S. The average condo apartment costs more than $1,000 per square foot. A studio condo starting at around $500,000 is the size of a kitchen in a comparable affluent neighborhood in Malaysia.An apartment is a starter home in other parts of the U.S. President Obama, during his Presidential campaign, even gave an example of when they lived a modest life before his book became a bestseller. The example of this modest start was living in a three-bedroom apartment in Chicago. Wow, I wish I live in a three-bedroom apartment in Manhattan. Here, a two-bedroom is large and a three-bedroom condo, at around $2.5 million, is for the rich.