Explore the USA’s Most Exquisite Luxury Living Destinations: Living in the USA is a dream, especially if you love luxury. The USA is the perfect destination for you. This place is filled with luxury cities and neighborhoods. Once you land there, you might be confused about where to go. But don’t worry, we’re here to help. This guide will help you find the perfect luxury living destination.
New York City
New York City is a place where a lot of very rich people live. According to a 2024 report from a company called Henley & Partners, there are about 349,500 millionaires living in New York City. That means there is one millionaire for every 24 regular people! That’s a lot of millionaires, right?
Also, New York City offers a very fancy lifestyle. You can find designer stores on Fifth Avenue and penthouses with stunning views of Central Park, which showcases some of the most expensive real estate in the city. New York City also has top-notch restaurants, exclusive clubs, and elite cultural venues. In short, this city has everything you could want. Here are some other notable luxury facts about New York City: Average Income (Top 5%): Over $534,000
- Luxury City Ranking: 4th in the US
- Average Rent: $3,864
- Average Monthly Cost of Living: $4,130
Fort Worth
Fort Worth combines Southern charm with a touch of luxury, and it’s a great place to live. It might not have the same high-profile reputation as cities like New York, but almost 2,700 people in Fort Worth are millionaire homeowners. Here’s a fun fact: In Fort Worth, 44.1% of millionaires are Gen Xers, while 24.7% are baby boomers.
If you’re looking for a peaceful neighborhood, check out Westcliff. According to the U.S. Census Bureau, it’s a charming area with a population of 22,866 and a population density of 1,130.32 people per square mile. It’s a favorite for families and those who appreciate a quiet, community-oriented environment. The neighborhood is filled with well-kept, older homes, many of which are surrounded by large, shady trees.
Here are some facts about Fort Worth Westcliff:
- Housing expenses: 16% lower than the national average
- Utility prices: 14% higher than the national average
- Transportation expenses: 3% lower than the national average
- Average monthly rent in Westcliff: $1,440 (as of July 2024)
- Median household income in Fort Worth: $72,726
Las Vegas
Las Vegas is another place in the USA where many millionaires live. According to a Point2 study, 866 of these millionaires are Gen Xers. Las Vegas is quite the hotspot! It’s home to 16,800 millionaires, 45 centi-millionaires, and 6 billionaires. The city’s booming popularity for business conferences has really boosted its economic growth.
Vegas is also known for its luxury, with high-end casinos, fancy hotels, and extravagant entertainment. The Strip is particularly famous, with glamorous resorts like The Bellagio and Caesars Palace offering some of the best in luxury living and entertainment.
Other facts about Las Vegas:
- Luxury City Ranking: 2nd in the US
- Average Cost of Living: $2,255 (1% higher than the national average)
- Average Income (2024): $60,465
- Income Range (80% of Salaries): $26,100 to $142,120
Miami
Miami is famous for its luxury living and vibrant lifestyle. The city has stunning beaches, upscale neighborhoods, and a lively nightlife that draws millions of visitors.
As of March 2024, Miami had 35,300 millionaires and 15 billionaires, with the number of millionaires having increased by 75% over the past decade.
Miami real estate is very expensive, with high-end condos and waterfront homes costing a lot. Neighbor hoods like Coconut Grove and Coral Gables are particularly known for their fancy homes and wealthy residents.
Here are some facts about luxury living in Miami:
The average yearly salary in May 2024 was $54,972, which is equivalent to $26.43 per hour.
The estimated monthly costs for a family of four without rent were $4,833.80, and for a single person, it was $ $1,322.80 (without rent)
Cost comparison to New York:
- 23.7% less expensive (without rent)
- Average rent (September 2024): $2,116 per month
- (35% higher than the national average)
Houston
Houston is a large city in the U.S. with over 2 million people. Texas has more than 650,000 millionaires, many of whom live in Houston. Houston is also one of the country’s top 20 most luxurious places.While the city has a growing luxury market, it still offers a lower cost of living. It is an attractive option for those seeking luxury and value. If you want to experience luxury without spending a fortune, Houston is the place for you.
Here are some important facts about the city:
- The average monthly cost of living for a single adult is $2,886.
- The average monthly cost of living for a family of four is $6,120.
- The average annual salary in June 2024 was $61,034, which is $29.34 per hour.
- The average rent in September 2024 was $1,196 per month, which is 23% lower than the national average.
- The national average rent is $1,563.
Seattle
We first heard about Seattle from the book After, which became my favorite book and automatically made it onto my wish list. Seattle has a high cost of living, costing 24% more than the state average, but it’s also one of the U.S. cities with the most millionaires.
According to a recent report, the number of millionaires in Seattle grew by 72% between 2013 and 2023, reaching around 54,200. The city now boasts 130 cent millionaires and 11 billionaires. Despite the high costs, Seattle offers a high quality of life with lots of amenities, outdoor activities, and cultural experiences. It combines luxury with natural beauty, making it an attractive place for those who can afford its high cost of living.
Living Facts of Seattle:
- Housing Expenses: 112% higher than the national average
- Utility Prices: 2% higher than the national average
- Transportation Expenses: 29% higher than the national average
- Grocery Prices: 16% higher than the national average
- Average Annual Salary (May 24, 2024): $76,320 ($36.69 per hour)
- Average Rent (September 2024): $1,510 to $3,816 per month
Chicago
Chicago is a city that offers a mix of luxury and charm. It is famous for its fancy neighborhoods, high-end apartments, and historic mansions, especially in Gold Coast, Lincoln Park, and River North.
A luxury lifestyle in Chicago includes great restaurants, expensive stores on the Magnificent Mile, and access to cultural attractions like the Art Institute of Chicago and the Chicago Symphony Orchestra.
It is the 15th most luxurious city in the U.S. Housing costs in Chicago are 77% above the state average and 38% higher than the national average. Many of the approximately 346,873 millionaires in Illinois live in Chicago.
Facts about Chicago:
- A family of four would need to spend $4,768.20 per month (not including rent) to live there.
- A single person would need to spend $1,306.70 per month (not including rent).
- Chicago is 22.2% cheaper than New York (not including rent).
- The monthly rent in Chicago is:
- 44.3% lower than in New York
- Average Rent in Chicago:
- $1,863 per month (19% higher than the national average of $1,563)
Outro
There are many luxury living destinations in the USA. If you want to live in the best one, the above city is the best choice. If you like urban energy or coastal calm, there is a perfect spot for you. Each one is very elegant and comfortable.
