Forbes uses data from the Office of Management and Budget as well as the NAHB and Wells Fargo Housing Opportunity Index to see which U.S. cities are the most overpriced.
Taken into consideration was housing affordability compared to median income, cost-of-living, utilities, transportation, and medical bills.
Honolulu tops the list, followed by Southern Connecticut, Boston, and New York. The state with the most cities on the list is California.
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