3. Los Angeles
Residents of the Los Angeles metro area have to put up with a higher-than-average cost of living, soaring rents and stiff property taxes — plus the city’s legendary freeway backups.
Homes are selling for an average $725,000 in a competitive market where houses typically receive two offers, Redfin says.
Jaded L.A. locals who are weary of waiting for their big Hollywood break in such an expensive place are looking to relocate to more reasonably priced San Diego or Phoenix.