21. Sacramento, California
Sacramento ranks as the 15th most expensive city in the country, according to U.S. News & World Report. As California’s capital, the city carries higher-than-average living costs when compared to many urban areas across the United States.
A strong regional economy contributes heavily to its elevated prices. State government operations, healthcare systems, and a growing tech presence fuel job growth and continue attracting new residents. With more people arriving each year, demand places steady pressure on housing.
Home values in Sacramento have climbed sharply over the last decade. For many buyers, ownership has become increasingly difficult as median prices outpace wage gains. Several neighborhoods across the metro feature upscale homes, private amenities, and premium locations — all of which command some of the highest prices in the region.
Adding to the challenge are high mortgage rates, which have pushed monthly payments far above what Sacramento residents were accustomed to in prior years. For many households, the combination of tight inventory, elevated home prices, and costly lending rates makes entering the market particularly difficult today.
