Living Expenses in a Remote Massachusetts Town Surpass those in Major Cities

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Vineyard Haven, Massachusetts: The Most Expensive Town in the U.S.

Vineyard Haven, Massachusetts, a small town located on the picturesque Martha’s Vineyard, has captured the top spot as the most expensive town in the United States according to a recent study conducted by LendingTree. The study revealed that the median home value in Vineyard Haven is a staggering $857,600, which is significantly higher than the average household income in the area.

Following closely behind Vineyard Haven are Jackson, Wyoming, and Breckenridge, Colorado, which secured the second and third spots on the list of the most expensive towns in the country. The study found that these towns are popular vacation destinations and are home to affluent individuals, contributing to the high real estate prices.

Jackson, Wyoming, known for its ski resorts and scenic landscapes, boasts a median home value of $670,100, while Breckenridge, Colorado, nestled at the base of the Rocky Mountains, has a median home value of $641,900.

Other towns that made the list include Steamboat Springs, Colorado, and Hailey, Idaho, showcasing the diversity of expensive real estate across the country. These towns are known for their outdoor recreational activities and unique landscapes, making them desirable locations for homebuyers.

Overall, the study sheds light on the high cost of living in these affluent towns, demonstrating the impact of wealth and location on real estate prices in the United States.

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