2. San Francisco, California
San Francisco is definitely not for everybody. If you enjoy the luxury of living here, you already know that the cost of doing it is very high. To be precise, median home prices are actually $1.4 million inside the city, whose major industries include tourism, IT and financial services.
Let’s say that a small family consisting of four members would need approximately $103,200 in household income just to “survive”. However, unemployment rates are extremely low at just 1.8 percent as of December 2019, and this is mainly because of the favorable conditions offered to entrepreneurs.