The list compiled by Forbes shows that some of the most popular American cities are also the most expensive.

The most expensive city to live on, on the US soil is New York, it is number eight on the list of the world’s most expensive cities. The average monthly rent for an apartment in the city is $2,800.You’ll have to make around $112,000 just to qualify for a regular apartment. And if you are a working parent, it gets even more costly with monthly day care fees running over $2,000 a month while an average cup of coffee costs almost $.50!

The land of the celebrities, Los Angeles takes the second spot. On the world ranking scale, it is the 23rd most expensive city to live on. Due to its high unemployment rate and rising housing rates, LA is considered by many to be the most overpriced destination by many. Gas prices are higher in L.A. than in any other city in the mainland!