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Shocker: New York Is Not the Most Overpriced US City

Dollar signs are often associated with New York City, and while nobody is arguing it's pricey, Forbes says the Big Apple is not the most overpriced.

Forbes factored together the average salary for residents with at least bachelor degrees, annual unemployment statistics, cost of living, and housing affordability based on local median income to determine the most overpriced cities in the US. Surprisingly, New York is not number one on this list. In fact, it's not even number two or three. Check out the 20 most overpriced cities below. Is your city on the list?

  1. Boston, MA and Warren, MI
  2. San Francisco, CA
  3. Jacksonville, FL
  4. St. Louis, Mo
  5. Orlando, FL
  6. Memphis, TN and Tampa, FL
  7. Portland, OR
  8. Philadelphia, PA

See the 10 most overpriced cities when you


  1. San Diego, CA and Newark, NJ
  2. Cleveland, OH
  3. Long Island, NY
  4. Riverside, CA
  5. Providence, RI
  6. New York City, NY
  7. Miami, FL
  8. Chicago, IL
  9. Los Angeles, CA


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