Top 5 Most Expensive Cities To Live In California

3. Newport Beach  

IM Score: 18

Newport Beach, one of the wealthiest U.S. cities, has a high cost of living driven by soaring housing expenses. As of July 2023, the median home value was $4.9 million, up 23% YoY. The city’s prime location, beautiful beaches, and demand from affluent residents and tourists fuel these costs. While other living expenses are above the national average, housing costs still overshadow them.

1281292 - 11759070 - 1