In the last quarter of 2024, three of the ten most expensive cities in the United States for business travel when it comes to food costs were located in California. However, the ranking was topped by Honolulu, which average daily food cost amounted to 118 U.S. dollars at that time.
Of the most populous cities in the U.S., San Jose, California had the highest annual income requirement at ******* U.S. dollars annually for homeowners to have an affordable and comfortable life in 2024. This can be compared to Houston, Texas, where homeowners needed an annual income of ****** U.S. dollars in 2024.
West Virginia and Kansas had the lowest cost of living across all U.S. states, with composite costs being half of those found in Hawaii. This was according to a composite index that compares prices for various goods and services on a state-by-state basis. In West Virginia, the cost of living index amounted to **** — well below the national benchmark of 100. Virginia— which had an index value of ***** — was only slightly above that benchmark. Expensive places to live included Hawaii, Massachusetts, and California. Housing costs in the U.S. Housing is usually the highest expense in a household’s budget. In 2023, the average house sold for approximately ******* U.S. dollars, but house prices in the Northeast and West regions were significantly higher. Conversely, the South had some of the least expensive housing. In West Virginia, Mississippi, and Louisiana, the median price of the typical single-family home was less than ******* U.S. dollars. That makes living expenses in these states significantly lower than in states such as Hawaii and California, where housing is much pricier. What other expenses affect the cost of living? Utility costs such as electricity, natural gas, water, and internet also influence the cost of living. In Alaska, Hawaii, and Connecticut, the average monthly utility cost exceeded *** U.S. dollars. That was because of the significantly higher prices for electricity and natural gas in these states.
As of October 2024, the city with the most expensive hotel rate in the United States was Boston. Visitors to the East Coast city could expect to pay 320 U.S. dollars for a doube room during that period. Meanwhile, New York ranked third with an average rate of 284 U.S. dollars.
New York was the world's most expensive city for business tourism in the 4th quarter of 2024, reaching an average daily cost of around *** U.S. dollars. Among the top ten of that period, three cities were located in the United States.
As of mid-2024, Montevideo ranked as the second Latin American and Caribbean metropolis with the highest cost of living index. The Uruguayan capital obtained an index score of ****, only second to Port of Spain, in Trinidad and Tobago, with **** points. Monterrey and Panama City were the third and fourth most expensive cities to live in Latin America and the Caribbean that year, with scores surpassing ** points each.
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Large white, Grade A chicken eggs, sold in a carton of a dozen. Includes organic, non-organic, cage free, free range, and traditional."
In the last quarter of 2024, Geneva registered the world's highest food cost for business travelers, with a daily rate of approximately *** U.S. dollars. Three cities in Switzerland were included in the top 10 for that period.
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Regular butter, sold in sticks, per pound (16 oz.). Includes organic and non-organic butter."
Cities in the United States dominate the list of cities with the highest rents worldwide. New York was ranked as the most expensive city to rent in, ahead of San Francisco, with an index score of ***. Boston followed in third.
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A dataset listing the 20 richest cities in Colorado for 2024, including information on rank, city, county, population, average income, and median income.
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A dataset listing the 20 richest cities in Connecticut for 2024, including information on rank, city, county, population, average income, and median income.
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Pre-packaged, thick sliced, regular sliced or thin sliced pork bacon, regardless of process state."
New York was the most expensive U.S. city for business travelers in the last quarter of 2024, with the daily cost of accommodation, food, and car hire totaling *** U.S. dollars. In the second place was Boston, where business tourists spent around *** U.S. dollars each day on average.
According to the European Backpacker Price Index for 2025, Zurich in Switzerland was the most expensive destination for budget travelers. The average daily cost in that city – based on prices for a cheap hostel, budget meals, public transport, and a limited budget for entertainment – amounted to almost 164 U.S. dollars as of January 2025. In comparison, the same trip to Budapest, one of the most affordable cities for backpacking in Europe, would have cost less than 50 U.S. dollars per day.
As of March 2024, the cost of living in Bogota was the highest among major Colombian cities. In total, the average cost per month amounted to *** U.S. dollars. Cartagena followed in the ranking, with a monthly cost of living of *** U.S. dollars at that time.
Hawaii is the state with the highest household electricity price in the United States. In September 2024, the average retail price of electricity for Hawaiian residences amounted to 41.27 U.S. cents per kilowatt-hour. California followed in second, with 30.221 U.S. cents per kilowatt-hour. Meanwhile, Utah registered the lowest price in the period, at around 11.4 U.S. cents per kilowatt-hour. Why is electricity so expensive in Hawaii? Fossil fuels, and specifically oil, account for approximately 80 percent of Hawaii’s electricity mix, so the electricity price in this state can be roughly brought down to the price of oil in the country. Oil was by far the most expensive fossil fuel used for electricity generation in the country. As Hawaii depends on oil imports, the cost of transportation and infrastructure must be added to the oil price. Electricity prices worldwide The U.S. retail price for electricity increased almost every year since 1990. In 2023, it stood at 12.7 U.S. cents per kilowatt-hour, almost double the charge put on electricity back in 1990. However, household electricity prices are around 25 U.S. dollar cents per kilowatt-hour lower in the U.S. when compared to European countries reliant on energy imports, such as Germany and Italy.
Amsterdam is set to maintain its position as Europe's most expensive city for apartment rentals in 2025, with median costs reaching 2,500 euros per month for a furnished one-bedroom unit. This figure is double the rent in Prague and significantly higher than other major European capitals like Paris, Berlin, and Madrid. The stark difference in rental costs across European cities reflects broader economic trends, housing policies, and the complex interplay between supply and demand in urban centers. Factors driving rental costs across Europe The disparity in rental prices across European cities can be attributed to various factors. In countries like Switzerland, Germany, and Austria, a higher proportion of the population lives in rental housing. This trend contributes to increased demand and potentially higher living costs in these nations. Conversely, many Eastern and Southern European countries have homeownership rates exceeding 90 percent, which may help keep rental prices lower in those regions. Housing affordability and market dynamics The relationship between housing prices and rental rates varies significantly across Europe. As of 2024, countries like Turkey, Iceland, Portugal, and Hungary had the highest house price to rent ratio indices. This indicates a widening gap between property values and rental costs since 2015. The affordability of homeownership versus renting differs greatly among European nations, with some countries experiencing rapid increases in property values that outpace rental growth. These market dynamics influence rental costs and contribute to the diverse rental landscape observed across European cities.
In 2024, the annual rent of a retail space in Upper 5th Avenue (49th to 60th Sts) in New York amounted to 2,000 U.S. dollars per square foot, making it the second-most expensive high street worldwide. Via Montenapoleone in Milan ranked top, with prime rents amounting to 2,047 U.S. dollars.
New York was the business travel destination with the highest hotel expenses at the end of 2024, registering an average daily cost of *** U.S. dollars. Meanwhile, the non-U.S. corporate travel destination with the highest hotel costs was London.
In the last quarter of 2024, three of the ten most expensive cities in the United States for business travel when it comes to food costs were located in California. However, the ranking was topped by Honolulu, which average daily food cost amounted to 118 U.S. dollars at that time.