America's Most Expensive Zip Codes By State

LOS ANGELES, July 10, 2017 /PRNewswire/ -- A new study finds the cost of living in the most expensive zip codes of every state.

Personal finance website GOBankingRates used data from Zillow to survey median home values and mortgage payments, as well as cost of living expenses such as groceries, transportation, utilities and healthcare for zip codes in 48 states and the District of Columbia. To find the total amount of money needed to live comfortably in each zip code, the study split the costs using the following metrics: necessities (50 percent), discretionary income (30 percent) and savings (20 percent). 

For full study results and more details on methodology, visit: What It Costs to Live in America's Most Expensive Zip Codes

Top 5 Most Expensive Zip Codes

1. Atherton, California: 94027
   Total Income Needed: $668,078
   
2. Water Mill, New York: 11976
   Total Income Needed: $438,510
   
3. Alpine, New Jersey: 7620
   Total Income Needed: $330,756
   
4. Medina, Washington: 98039
   Total Income Needed: $297,905
   
5. Greenwich, Connecticut: 6830
   Total Income Needed: $222,002

Additional Study Insights

• Honolulu, Hawaii (96821) sits at #6 on the list of most expensive zip codes across the country, with a total income of $202,798 needed to live comfortably there. This city also has utility, transportation and grocery costs that top the charts.
• Of the most expensive ZIP codes in every state, the 25314 ZIP code in Charleston, West Virginia is the lowest, with a total income needed of just $61,100.
• South Dakota and Maine have been excluded from the list due to lack of data (for example, only two ZIP codes exist in Maine).

About GOBankingRates

GOBankingRates.com is a personal finance news and features website dedicated to helping visitors live a richer life. From tips on saving money, to investing for retirement or finding a good interest rate, GOBankingRates helps turn financial goals into milestones and money dreams into realities. Its content is regularly featured on top-tier media outlets, including MSN, MONEY, AOL Finance, CBS MoneyWatch, Business Insider and dozens of others. GOBankingRates specializes in connecting consumers with the financial institutions and products that best match their needs. Start your journey toward a rich mind and full wallet with us here.

Contact:
Kim Dahlgren, Media Relations
GOBankingRates.com
[email protected]
310-297-9233 x138

SOURCE GOBankingRates

Related Links

http://www.gobankingrates.com