10 Most Expensive Cities for Housing in the US

Whether you rent or own, housing costs typically make up the biggest portion of your monthly budget, and where you decide to live can have a major impact on how much you have to pay. If you live in a major city, you often end up paying more than you would in a suburb or small town.

Find Out: 4 Reasons You Should Cancel Amazon Prime
Invest: Protect Your Financial Future With Gold and Silver
More: 2023’s Housing Correction Could Be the Largest Since Post-WWII

To find the most expensive major cities for housing, ConsumerAffairs analyzed the U.S. cities with more than 500,000 people and ranked each city based on its median monthly housing costs — including spending on mortgages, rent, real estate taxes, property insurance, utilities and other recurring housing expenses — and median home values using data from the U.S. Census Bureau.

Here’s a look at the most expensive major cities in the country for housing.

• Median monthly housing cost: $1,535
• Median home value estimate: $520,200

Take Our Poll: How Do You Think the Economy Will Perform in 2023?

• Median monthly housing cost: $1,626
• Median home value estimate: $541,500

• Median monthly housing cost: $1,632
• Median home value estimate: $685,700

• Median monthly housing cost: $1,817
• Median home value estimate: $669,900

• Median monthly housing cost: $1,883
• Median home value estimate: $659,700

• Median monthly housing cost: $1,845
• Median home value estimate: $812,800

• Median monthly housing cost: $1,984
• Median home value estimate: $848,100

• Median monthly housing cost: $2,044
• Median home value estimate: $768,800

• Median monthly housing cost: $2,337
• Median home value estimate: $1,306,400

• Median monthly housing cost: $2,463
• Median home value estimate: $1,119,500

More From GOBankingRates

• Dollar Tree: 5 High-Quality Items To Buy Now
• Do You Have a Tax Question? Ask a Tax Pro
• The 10 Best Cash Back Credit Cards for 2023
• 6 Reasons Why You Shouldn't Procrastinate on Your Taxes

All data is sourced from ConsumerAffairs and is accurate as of Oct. 25, 2022.