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Is your city overpriced?

Cost of living—from housing to the electric bill—is going up just about everywhere, but these 10 cities have the rest of the country beat. Seattle tops the list. Again. Does your hometown make the cut?  Surprising that the Balt/DC area is not on the list.

By Forbes.com

Once an overpriced city, always an overpriced city.

That may not be how the old saw goes, but it’s one of the things Forbes.com gleaned from the fourth edition of its “Most Overpriced Places” study. A couple of cities fell off the list, and others shuffled places. For the most part, the roster is still made up of metropolitan areas that will suck dollars from your wallet in a flash.

Now: Plenty of places are expensive. You probably think where you live is far too costly, especially since real estate costs keep heading north around the country. Movie tickets used to cost a quarter, and with a million dollars you could get a mansion. In Los Angeles this year, the median home price rose above a half-million dollars, according to the California Association of Realtors. Don’t even get us started about the cost of catching a film.

Go to http://moneycentral.msn.com/content/invest/forbes/P123785.asp?GT1=6706 for the rest of the story.


Posted by Nuttshell on 07/21 at 09:55 AM in Blogging

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