Skip to content
  • America’s most overpriced cities in 2015

    Forbes - 03/04/2015

    Non-housing expenses also go for high prices in Bean Town. Groceries cost about 14.5% more than the national average, health care about 21.5% more, according to Sperling’s BestPlaces. “Health care costs here are very high because a large part of it is offered by very high-end teaching hospitals: Mass General, Beth Israel Deaconess, the Brigham & Women’s Hospital, Dana-Farber, and Children’s,” explains Barry Bluestone, Director of the Dukakis Center for Urban and Regional Policy at Northeastern University.

    Add to that the 23.4% premium for utilities on the national average, in part because no new oil pipelines have been built in the area for four decades.“We’re at the end of the energy pipeline,” says Bluestone. “We do have reasonable natural gas but our electric rates have gone up by 27% from our major supplier.” In terms of non-housing costs overall, Boston stacks up 4th-worst in the nation, and for the second year in a row takes the No. 3 slot on Forbes’ list of Most Overpriced cities.

  • Cookies on Northeastern sites

    This website uses cookies and similar technologies to understand your use of our website and give you a better experience. By continuing to use the site or closing this banner without changing your cookie settings, you agree to our use of cookies and other technologies. To find out more about our use of cookies and how to change your settings, please go to our Privacy Statement.