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Manhattan is most expensive U.S. hometown

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Published: Sept. 1, 2012 at 10:25 AM

NEW YORK, Sept. 1 (UPI) -- A new look at the cost of living came to the perhaps unsurprising conclusion that Manhattan is the most-expensive place in the United States to live.

The Council for Community and Economic Research said the New York City borough rates a 233.5 on its Cost of Living Index -- roughly twice the national average.

Three of the city's boroughs were in the top six. Brooklyn came in a distant second at 183.4 and Queens placed sixth with 151.4, compared to the national average of 100 points.

The New York Post said the index established its rankings by analyzing the prices of 60 consumer goods and services. Housing prices pushed Manhattan and Brooklyn atop the leader board, and the cost of food, utilities and healthcare added to the cost of calling Queens home.

Honolulu was the third-priciest U.S. city, followed by San Francisco at one end of Silicon Valley and San Jose at the other.

The least-expensive places to call home were Harlingen, Texas, Memphis and Fayetteville, Ark.

© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

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