According to 2023 data, California dominates with 15 of the nation's 25 costliest metropolitan areas, underscoring its severe affordability crisis.
San Francisco tops the list of expensive metros in the U.S., with a staggering cost that's 18.2% higher than the national average, driven primarily by exorbitant housing costs.
The Los Angeles and Orange County region ranks second, featuring a cost of living 15.5% above the typical American standard, greatly influenced by housing expenses that outpace national levels.
Other California metros like Ventura County and Santa Barbara also rank high, demonstrating that escalating housing prices are a widespread issue affecting much of the state.
#california-housing-market #cost-of-living #metropolitan-areas #housing-affordability #economic-analysis
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