According to Forbes Magazine, three Massachusetts cities rank as America’s Most Overpriced Cities 2015, which included twenty-five locations.. These cities in their listed order of ranking are #3 Boston/Quincy, Massachusetts, #5 Cambridge, Massachusetts and #9 Essex County, Massachusetts (Peabody).
Factors such as median income, home sales price, housing affordability and costs (above national average) such as groceries, utilities, transportation and health care are included in their finding.
Leading the list as most overpriced is Honalulu, Hawaii.
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