The Cost of Living in These Cities Will Rise in 2018
The top 10 cities with rising cost of living expenses for 2018 may not come as a surprise, as they include some of the most expensive markets in the U.S. -- Seattle, San Francisco, and Denver.
Seattle is expected to see the second-highest increase in home value and the largest increase in rent of all the metros evaluated by GoBankingRates.com. Thanks to a tech boom, and its status as home to Amazon's first headquarters, the cost of living will continue to rise rapidly. Seattle is forecasted to have a 4.86 percent year-over-year change in home value, and 5.73 percent year-over-year change in rent.
GOBankingRates analyzed Zillow's year-over-year median home value forecast, its year-over-year median rent forecast and the Bureau of Labor Statistics' Consumer Price Indexes (CPI) — which track the changes in prices of all goods and services purchased for consumption by urban households — for all years 2014 to 2017.