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In July, J.C. Penney opened its first Manhattan location, citing local demand for discount merchandise. These changes makes sense. New York tops a recent list of America's most expensive cities, with a measured cost of living surpassing that of Houston, Boston and Washington, D.C. The culprit? High rent: $4,300 a month on average for a two-bedroom, unfurnished luxury apartment. The silver lining: That's down $200 from when the survey was taken in 2008. Los Angeles comes in at second place. Its residents, who also endure high housing costs, can partly blame a long, expensive commute. The sprawling city is home to some of the nation's worst traffic,

and unleaded gas at a relatively high 63 cents a liter helps raise transportation costs.

As per yahoo.]]> http://pagebraker.com/nico/blog/living-costs-petrol-price/ Sun, 08 Nov 2009 03:39:04 +0000 Nico Schoeman