The Priciest Zip Codes Based on—What Else?—Cost of Living

All real estate is local, and in some housing markets, zip codes within a stone’s throw of each other can have wildly varying costs of living. Researchers at GOBankingRates, using data from Zillow, recently identified the zip codes where costs of living (including both necessary and discretionary expenses) are the priciest in the nation:

1. Atherton, Calif. (94027)
   Cost of Necessities: $334,039
   Cost of Discretionaries: $200,423
   Savings: $133,616
   Total Income Needed: $668,078

2. Water Mill, N.Y. (11976)
   Cost of Necessities: $219,255
   Cost of Discretionaries: $131,553
   Savings: $87,702
   Total Income Needed: $438,510

3. Alpine, N.J. (07620)
   Cost of Necessities: $165,378
   Cost of Discretionaries: $99,227
   Savings: $66,151
   Total Income Needed: $330,756
   

4. Medina, Wash. (98039)
   Cost of Necessities: $148,953
   Cost of Discretionaries: $89,372
   Savings: $59,581
   Total Income Needed: $297,906

5. Greenwich, Conn. (06830)
   Cost of Necessities: $111,001
   Cost of Discretionaries: $66,601
   Savings: $44,400
   Total Income Needed: $222,002
   

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Source: GOBankingRates

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