Subscribe"Report Rates Boston Most Expensive City
Propelled largely by high housing costs, Boston is now the most expensive metropolitan area in the country, outpacing Washington, D.C., San Francisco, and even New York City, according to a report..."
IN 2005, the least-affordable place in the country to live, measured by the percentage of income devoted to mortgage payments, was Salinas, Calif.Unfortunately, the linked story doesn't include the whole list, so it's not immediately relevant to Boston vs. D.C.
The second was the Santa Cruz-Watsonville area of California.
The third? Santa Rosa-Petaluma, Calif.
In fact, California has the distinction of having the 11 least-affordable metropolitan areas in the country. One would need to go all the way down to 12th place — and across the country to the New York region's northern suburbs — to find a non-California metropolitan area on the least-affordable list of 2005.
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YMMV of course, and the economy adjusts things a bit.
posted by wflanagan at 6:48 PM on May 5, 2006