Would you like to know what the most expensive cities to live in North America are? If you know your way around Canada and the United States, you probably have some idea of which cities could possibly form part of this list, yet in other cases, you might be in for a surprise. After all, there have been quite some changes in the real estate market over the past decade, thus guaranteeing some newcomers to the club of the most expensive cities to live in North America.
You might have already seen one of our previous lists on the top 10 richest cities in the world and become interested in this topic. Thus, we have decided to present a new list, dedicated especially to those with a high income, regarding the most expensive cities to live in North America. If you are thinking of moving and have the necessary income, there are plenty of different places to choose from. Ranging from cultural hotspots, to cities by the water, the following cities offer their inhabitants a great quality of life, making them very sought after destinations and raising their cost of living index as a result.
Apart from having a lot to offer, the most expensive cities to live in North America have set themselves apart from the rest for various reasons. The main factor being of course their housing prices, which for some reason tend to continue growing, sometimes even defying national trends. Canada hosts several such cities, where sales and prices are growing at an alarming rate.
If you wish to find out more, be sure to keep on reading, as the following list of the most expensive cities to live in North America surely has some surprises in store for you.
An average home will cost you around $344,400 in Seattle. This coastal seaport city boasts the fastest-growing metropolitan area in the United States, thanks to a booming economy based on trade with Asia.
Our list of the most expensive cities to live in North America continues on the next page.
9. Washington D.C.
Home to the President of the United States and the capital of the country, Washington D.C.’s average home price of $368,000 is not surprising. After all, this city houses some of the most important people in the nation.
At $371,300 per average house, home-ownership is not for everyone in Boston. The largest city in New England is one of the oldest in the country and is famous for being the home of several universities and colleges.
7. New York City
It might not surprise you to see New York City on this list, yet many would have expected it to be at least a couple of spots higher up. Nevertheless, with average home prices hovering around the $386,000 mark, housing is by no means cheap in the most vibrant city in the United States.
It might not be a very famous city, yet with homes costing around $400,000, Calgary deserves some recognition. The relatively small city has a population just above one million, but is home to a great deal of corporations, allowing for very wealthy inhabitants.
5. Los Angeles
The film and music industry is most heavily concentrated in Los Angeles, making it the ideal city for celebrities and wealthy entertainment executives. A home in Los Angeles will cost you around $424,000, placing it merely within the top 5.
The most populous city in Canada is also one of the most expensive to live in, with average home prices breaching the $475,000 mark. Its shoreline and skyscrapers , along with the fact that it is the nation’s financial center, make it somewhat similar to New York City.
3. San Diego
Most wouldn’t have pictured San Diego as the second most expensive city in the United States, yet it is just that. With average home prices at around $476,790, those wishing to own a home better have deep pockets.
2. San Francisco
The beautiful San Francisco is in another category completely and not only due to the fact that it is a wonderful place to live in. As the most expensive city in the United States, homes cost $682,000 on average.
That’s right, the most expensive city in North America is Vancouver. A home in this coastal city will cost you a whopping $733,335 on average, yet it is probably worth it. Vancouver has repeatedly occupied the spot as the city with the best standard of living for a reaso