5 Cities with the Highest Housing Costs in the US

In this article, we will take a look at the 5 cities with the highest housing costs in the US. If you wish to see our detailed analysis, you can go to 25 Cities with the Highest Housing Costs in the US.

5. San Diego, California

Typical Home Value: $956,040

Median Monthly Housing Cost: $2,380

Typical home value in San Diego is $956,040 while a median monthly housing cost of $2,380 needs to be incurred by homeowners. Hence, San Diego ranks among the 25 cities with the highest housing costs in the country.

4. Los Angeles, California

Typical Home Value: $959,412

Median Monthly Housing Cost: $2,095

Los Angeles records one of the highest average home values among other metros in the US. Simultaneously, the city’s median monthly housing cost is $2,095.

3. Santa Maria, California

Typical Home Value: $989,652

Median Monthly Housing Cost: $1,798

Santa Maria is another Californian city where housing costs tend to be high. Other than the high average home value, the median monthly housing cost in the city is $1,798.

2. San Francisco, California

Typical Home Value: $1,184,083

Median Monthly Housing Cost: $2,663

The city of San Francisco ranks second among the US cities with high housing costs. As of March, the average home value in the city is $1,184,083.

1. San Jose, California

Typical Home Value: $1,613,768

Median Monthly Housing Cost: $2,795

San Jose ranks at the top of the 25 cities with the highest housing costs in the US. While the city boasts an average home value of $1,613,768, its median monthly housing cost is as high as $2,795.

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