Sunday, December 20, 2009

NYC tops the list of America’s costliest cities

Housing prices pushes it, San Francisco, Washington D.C., LA to lead the list

It will come as little surprise that the cost of groceries, gasoline and various sundries, at a little more than twice the national average, is highest in New York City. Helping push the Big Apple to the top of our list is an expensive housing market for both renters and buyers. Last quarter, New York City had an average home price of $1.1 million; an apartment there set renters back $3,400 per month.

The cost of housing also pushed San Francisco, San Jose, Los Angeles and Washington, D.C., to top spots on our list. In all four cities, the average home price during that time was well over $600,000. While further down the list, the average price fell to $226,998 in Austin and $201,020 in Nashville.

However, housing prices are only part of the story.

To compile this list, we looked at cost of living expenses in six categories: grocery items, housing, utilities, transportation, health care, and miscellaneous goods and services. We used the most recent ACCRA Cost of Living Index, a measure of urban living costs the Council for Community and Economic Research (C2ER) produces each quarter.

C2ER identifies the costs of 57 consumer items and services in different metro areas, from groceries to medical and housing costs to dungarees, for 320 Metropolitan Statistical Areas and Metropolitan Divisions (U.S. Office of Management and Budget-defined areas that the federal government uses to collect statistics). C2ER weights them according to how households typically distribute their spending.

From that, they calculate an index number that compares the price of this basket of goods and services in different cities. An index number above 100 indicates a higher-than-average cost of living. From the C2ER's Index, we looked at the 40 largest Metropolitan Statistical Areas and Metropolitan Divisions for which they had data, and ranked them by index number to find the costliest cities.

California led with six cities on the list, four that make our top 10. Texas follows closely behind with four cities: in addition to Austin, San Antonio, Houston and Dallas appeared.

While East and West Coast cities grabbed most of the top spots, the rest of the country is well represented. Chicago (No. 14), Las Vegas (No. 18), Phoenix (No. 25) and St. Louis, Mo., (No. 35) all make this year's list.

Detroit hasn't seen much in the way of good news this year, with the ailing auto industry shedding jobs. The latest numbers from the Department of Labor put the unemployment rate for the Detroit metro at 16.7 percent, compared to 15.1 percent for the state. Still, Motor City grabs a spot on our list in large part because of the high cost of utilities. Residents pay, on average, $243.56 per month for electricity. In contrast, in Atlanta the average bill is $141.64.

Even among the costliest cities, what is surprising is the amount of variation in some categories and lack of it in others. Housing is one with quite a bit of geographic difference in pricing. Health care is another. A visit the doctor costs $130 in Manhattan while in Pittsburgh the same trip will put you back only $69.80. Lipitor, the cholesterol-lowering medication, costs $150.35 in Pittsburgh and only $123.67 in Philadelphia.

Grocery items saw less variation in pricing. Consumers living in New York City will shell out $2.17 for a two-liter bottle of Coca-Cola, but spend just $1.10 in Charlotte, North Carolina. And a box of Kleenex costs between $1.48 and $2.99.

By Andrea D. Murphy
Forbes
updated 12:39 p.m. ET, Sat., Dec . 19, 2009

Monday, November 2, 2009

Sunday, October 4, 2009

Harvest Moon

Full Moon is at its peak today about 1:00am October 4.

The Moon Illusion
Due to its position in the sky this time of year, the moon appears really large and can shine all night. It's called the harvest moon because farmers are able to use its bright light to harvest their crops.

Now here is a view of the harvest moon in New York City (yes we do see the moon here). Thia was taken from my living room window (yes the e Empire State Building is reflected in the glass -- cool, huh?):





yep

Wednesday, September 30, 2009

Bats



Stunning shots of thirsty bats swooping down for a drink from garden pond.
Read more

Monday, September 28, 2009

Seagulls

This afternoon while I was napping, a couple of seagulls started squabbling outside my window (pictured above). They bumped up against the window, squealing and raising such a ruckus that they woke me out of a sound sleep-- if it had been open they might have flown right in!

Sunday, September 27, 2009

Last of Summer

This had to be the perfect summer. Like Berkshire summers of old. The temperature never got to 90 until about the middle of August. We went from a beautiful Memorial Day weekend to a beautiful Labor Day weekend. And the last weekend of summer -- just before the Autumn Equinox -- was a gorgeous fall weekend, cool and sunny, with a crystalline blue sky. Now, as September nears its close, we're starting to feel a chill in the air. Conditions are ideal for a spectacular foliage display this year, following the ample rains of spring and summer. The NY State Foliage Forecast predicts that peak foliage in New York City will occur around the last week of October.

While the weather here has been near classic, other parts of the country have not been so lucky. Texans for example, suffered through an unusually hot summer of temps in the high 90's. The state is now in a permanent drought. California cities stayed cool this summer, from San Francisco all the way down to San Diego. But they are having water problems in that state and now have a "permanent fire season". Speaking of which, Atlanta has been flooded with incessant, driving 24-hour rainfall for weeks, whereas last year they were in danger of running out of water.