Skip to main content

Study: West Coast Housing Costs Outpace Other Regions

Jul 08, 2019
Photo credit: Getty Images/zimmytws

Seven of the top 10 places where people are spending the most on housing are located on the West Coast, with six of those localities within California, according to a new study from SmartAsset.
 
In its data analysis focus on homeowners’ median monthly housing costs–including mortgage payments and property taxes–SmartAsset determined that San Jose had the highest average monthly housing costs for homeowners with a total of $2,257, followed by San Francisco with homeowners paying an average of $1,991 in monthly housing costs. San Diego placed third on the list with an average of $1,756 per month on housing costs, followed by Seattle with an average monthly housing costs are $1,705.
 
Two East Coast markets placed next on the SmartAsset list: Boston with an average monthly housing cost of $1,654 and Washington, D.C., with a $1,641 total. The rest of the list included Oakland ($1,558), Los Angeles ($1,548), New York City ($1,435) and Long Beach ($1,431).

 
About the author
Published
Jul 08, 2019
Homebuilders Cheer Delay Of Trump Trade War

Canada and Mexico stave off tariffs on billions of dollars of materials crucial to the U.S. homebuilding industry

Feb 04, 2025
OCMBC President Arrested For DUI, Murder

Serene Vernon (Rosenberg) had three prior convictions, per a police report

Feb 02, 2025
Trump Fires CFPB Director Chopra

Chopra posts a letter to X with his final statements

American Heritage Lending Halts Funding Loans In Maryland

AHL suspended the ability to lock new consumer loans in Maryland, effective immediately

Jan 31, 2025
Katie Sweeney Joins Rocket Pro To Lead Broker Strategy, Advocacy

The former AIME chairwoman and CEO asks the broker community, particularly Rocket Pro’s brokers, to trust her. 

Jan 29, 2025
CoreLogic Chief Economist On Witnessing The Insurance Crisis Firsthand

"I could have lost all my equity,” says Selma Hepp, who lives and works on the frontline of housing's biggest challenge in 2025

Jan 20, 2025