WASHINGTON (CBSDC) — It should come as no surprise to area residents that the Washington region ranks in the Top 10 most expensive areas to live in the country. Perhaps a mild surprise is that the nation’s capital only ranks ninth on the list.
According to a new study by the Council for Community and Economic Research, area homeowners averaged $8,798 in monthly living expenses while renters coughed up $6,444.
Housing, groceries, utilities, transportation and healthcare expenses were included in median spending for the month.
Three New York City boroughs found real estate on the list.
Manhattan ranked as the most expensive city in the nation to live. Its home or condo-owning residents pay $13,468 per month while renters shell out $9,449 on average.
Brooklyn ranked second on the list while Queens came in fifth.
If you’re looking for a bit of paradise, Honolulu was third on the list.
- Manhattan, NY
- Brooklyn, NY
- Honolulu, Hawaii
- San Francisco, Calif.
- Queens, NY
- San Jose, Calif.
- Stamford, Conn.
- Truckee, Calif.
- Washington, D.C.
- Newport Beach, Calif.