Colorado City Ranked High Among America's Most Expensive Places To Live

The last couple of years have been rocked up record inflation affecting the cost of living just about everywhere. Metropolitan cities are no exception, especially when it comes to the real estate market and rent prices. As a result, Americans who are looking to relocate have their eyes on places where they can save money.

That's why U.S. News & World Report released a list of the 25 most expensive places to live in the United States. Analysts compiled the rankings "based on the median gross rent and annual housing costs for mortgage-paying homeowners of each metro area."

Two Colorado destinations appeared on the list, and the highest-ranking one is Denver! The Mile High City ranked at No. 16. According to the website, the home price is $658,554, and the median monthly rent is $1,554. Boulder also took a spot on the list, coming in the No. 23 spot.

California dominated the Top 10 and even secured the top spot with San Diego. A vast majority of the entries on the list are in Western states.

Here are the Top 10 most expensive places to live in the country:

1. San Diego, California
2. Los Angeles, California
3. Honolulu, Hawaii
4. Miami, Florida
5. Santa Barbara, California
6. San Francisco, California
7. Salinas, California
8. Santa Rosa, California
9. San Juan, Puerto Rico
10. Vallejo & Fairfield, California

Check out the full report on usnews.com.