The one overwhelming issue is housing, and to some degree, that corresponds with our labor shortage. While it's not as high as New York City and Washington, D.C., it is by far the highest among the cities we surveyed. Hey, we already know that it costs more per-gallon to buy gas here than it does almost anywhere else in the country. And then came categories where San Jose did better than we might have expected. The average monthly fees for one child at a day care center in San Jose are well behind Boston and Minneapolis, both of which are among the highest nationwide.
Taxes make a big difference.
California's is by far the lowest. Of the cities surveyed, Seattle and Austin have no state income tax. Well, certainly, we're at the top, but both Boston and Minneapolis are right there with us. Acceleration predicted The report by RFA predicted that the appreciation in San Jose's house prices would be somewhat slower this year than the alarming increases of the past two years, part of a subdued growth pattern. But hold on.