NYC tops the list of America’s costliest cities

MSNBC reports:

It will come as little surprise that the cost of groceries, gasoline and various sundries, at a little more than twice the national average, is highest in New York City. Helping push the Big Apple to the top of our list is an expensive housing market for both renters and buyers. Last quarter, New York City had an average home price of $1.1 million; an apartment there set renters back $3,400 per month.