Tacoma ... overpriced? | Business

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Tacoma ... overpriced?
Tacoma ... overpriced?

 

Forbes Magazine put out a list last week of "America's most overpriced cities."

And, Tacoma came in at number 15. No, really.

The magazine says its list was calculated based on housing affordability, the cost-of-living index generated by Sperling’s Best Places, median salaries for those with a bachelors degree or higher, and the unemployment rate.Los Angeles took the top spot, joined on the list by other notably pricey cities, including Miami, Fla., Honolulu, Hawaii, New York, and ... Tacoma.

We also beat out Portland and San Francisco, which nabbed spots 16 and 19 on the list.

According to Forbes, Tacoma's cost of living index is 116, placing it above cities like Miami and El Paso. Cities whose index ranks above 100 are places where the cost of goods is higher than the national average.

What do you think, Tacoma? Are we paying too much for life in T-Town?

Forbes certainly thinks so.

 

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