The Most Expensive Cities in America

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6. San Diego, California

Having a really strong defense department presence and several military contracting firms, such as Northrop Grumman Corporation (NYSE: NOC) and Science Applications International Corporation (NYSE: SAIC), San Diego is one of the priciest cities in our country.

Those who live here take advantage of a median household income of $75,500. This big chuck of money allows them to spend on different luxuries such as yacht clubs and other expensive forms of entertainment. The median home value in San Diego is $652,200. Also, the unemployment rate here and the surrounding areas is 2.8 percent as of December 2019, which actually is really close to the national average.

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