9Los Angeles
Cost of Living: 30.4% above U.S. average
City Population: 3.9 million
Median Household Income: $49,745
Median Home Value: $470,000
It surprises me a little to find L.A, the most populous city in California almost at the bottom of this list.
Los Angeles is also the seat of Los Angeles County, the most populated and one of the most ethnically diverse counties in the United States, while the entire Los Angeles area itself has been recognized as the most diverse of the nation’s largest cities.
Despite its glamorous image, the City of Angels is cursed with a combination of high costs and low incomes. In Los Angeles’ Hancock Park area, you will need about $3 million to buy a house.
