If you think the cost of living in your town is too high, prepare to be shook by the latest list of the most expensive cities in the United States.
Business Insider explains how The Bureau of Economic Analysis crunched the numbers:
The BEA published its regional price parities for 2017. These compare the price levels for various goods and services in different areas to the average national price.
For example, the New York-Newark-Jersey City metro area had a regional price parity of 122.3. That means that the overall price level in and around New York City for housing, goods, and services was about 22% higher than the overall country
All 15 cities on the list are either on or within a short driving distance of the Pacific or Atlantic oceans. But urban California dominated more than half of the costliest list, taking four of the top five slots and nine total.
Here are the 15 U.S. cities with the highest cost of living, according to the BEA: