Download Mobile App
Follow us on
January 24, 2020 Study Abroad
3 minutes, 7 seconds Read

Cost of Living in the USA: Breakdown of Major Expenses


Rate =
Share on FacebookShare on Google+Share on LinkedIn

The United States of America is one of the most attractive nations when it comes to the desirability to settle amongst the worldwide population. Even with the difficult cost of living, citizenship programs and high standard of living, a huge number of people take the plunge and move to the USA for good.

If you are someone who wishes to relocate to the USA or is travelling to the USA for the long term, here is everything you need to know about the cost of living in the US.

Living cost in the US – Accommodation

Finding a roof is the most important point of action for a person in a new place. Understanding new cities and exploring your life in a new area is possible when you know you have a cosy bed waiting for you at home.
Houses and apartments can be tricky businesses in developed countries. For a single person to be able to live comfortably in the US, the cost of accommodating themselves can add up to USD 2,200 – USD 3,500.

Here is the breakdown understanding of the east and west coast separately, with the most rushed cities of both parts of the US:

City Cost of Rent Per Month ($)
New York 3,003
San Francisco 3,271

Cost of Living in the US – Food and Beverages

How do you expect one to have a happy time exploring the city they just moved to on an empty stomach? The food is one of the most exciting parts of moving to a completely new place. It brings you to understand the culture of the place much better and brings you closer to the community.

An astonishing number of friendships have been built on a conversation of a coffee. Numerous relationships strive through meeting at the same sandwich shop and loving the same spices in a burrito as someone else.
If you are someone who is relocating to the USA, the cost of feeding yourself can look something like below:

CityCost of Food Per Day($)

New York 20 – 50
San Francisco 25 – 60

Cost of Living in the US – General Expenses

Living expenses can include the cost of transportation, gas, groceries, and electricity & water bills, etc. These expenses seem minimal in nature while they can add up to huge and unexpected costs at times. While the USA helps its citizens as well as immigrants to sustain a comfortable life, being prepared never hurt anyone.

Here is what it can cost you to live in the USA excluding your rental expenses:

CityCost of Living Per Month ($)

New York 1,100
San Francisco 1,114

Cost of Living in the USA – Healthcare

Mishaps and ailments are not limited to geography and can knock on your door even if you are travelling or relocating to the USA. Even though the healthcare system in the USA is well equipped to sustain life and is reliable, it can burn a hole in one’s pocket if unprepared.

Health insurance schemes are a lifesaver in the nation. Someone without health or life insurance can find himself or herself buried in debt at times. Here is how you can avoid that from happening to you though. Below are the expected costs for a single person living in the US, one can spend on healthcare and dental costs:

CityCost of Healthcare ($)

Family Health Checkups 155
Medication for a week 10

Living in a completely new location and a new place can be intimidating and involve unexpected expenditures. However, you can avoid being trapped in such scenarios. While the above list is not exhaustive and there are many other aspects to life such as education, etc. this can certainly help you prepare yourself for the unexpected transition to the nations.

The cost of living in the USA is affordable for those who plan better and educate themselves.

Leave a Reply

Book A Forex Order
Select Field
Select Field
Select Field
Select Field
Rate = 68.0875 Select Field

Need Forex? Request A Call Back

  • USD 1.2 Billions

    Exchanged so far

  • 6,50,000+

    Happy Customers

  • 5000+

    Banks and Money Exchangers

  • Zero Margin Rates


Need Forex? Request A Call Back

Book My Forex Pvt. Ltd., a MakeMyTrip group company, is a currency exchange service provider authorised by the Reserve Bank of India (RBI). | License number : FE.DEL.FFMC/ U070/2013 | Insurance is the subject matter of solicitation | IRDAI Registration No. CA0429 | IRDAI | Cheques are subject to realization.

* Zero margin rates/ interbank rates are available only on forex cards on specific currencies, in select cities for orders amounting to Rs. 1.5 lakh or more (Use promo code: ZEROMARKUP)

** Same-day delivery is available from Monday to Friday (excluding holidays) when all payments and documents are received before 1PM.

BookMyForex Pvt Ltd

P-701 to P-705, 7th Floor, Tower C, JMD Megapolis, Sohna Road, Sector-48, Gurugram, Haryana 122018

© BookMyForex. All Rights Reserved

We Accept:
Secured By:
Share on FacebookShare on Google+Share on LinkedIn