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Most Expensive Suburbs 2010

  1. The Most Expensive by State
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    The Most Expensive by State

    Suburbs generally provide a respite for young families and spacious dwellings for city professionals who prefer a quieter home life. Despite these broad similarities, a survey of high-end suburbs around the country shows they are not created equal -- in cost, that is, as expenditures vary greatly by state. Take Maumelle, Ark., for example, the most expensive suburb outside of Little Rock, where the median home price is $191,000 and the average household spends $12,510 on transportation per year, according to data from real estate researcher Onboard Informatics. Compare that with Scarsdale, N.Y., a suburb of Manhattan where the average home sells for nearly $1.2 million and household transportation costs can add up to about $32,000 per year. Businessweek.com worked with Onboard Informatics to identify the most expensive suburbs outside the largest cities -- those with populations over 250,000, or the most populous city in the state if none are so large. The ranking is based on costs from housing and other nonretail expenditures to taxes and transportation costs. We define "suburb" as a Census place within 40 miles of city borders, including incorporated cities, towns, villages, and unincorporated areas. There are more than 25,000 places identified by the U.S. Census Bureau nationwide. We only surveyed places with populations larger than the state median.

    Click here to see the most expensive suburb in each state.

    Editor's Note: Businessweek.com's list of the Most Expensive Suburbs 2010 was calculated by weighing several factors: cost of living, nonretail expenditures (mortgage and utility payments), median home price, and median property tax.

    The result was reached by taking a weighted average of nonretail expenditures (50 percent), cost of living (30 percent), median home price (10 percent), and median property tax (10 percent). In some states, property tax and median home sale information was not available, in which case we gave nonretail expenditures a 60 percent weight and cost of living a 40 percent weight (home prices may be provided from other sources as a reference, but did not factor into the ranking). If either the median property tax or median home price was unavailable, we gave the other measure a 20 percent weight.

    The nonretail expenditures index factors in expenses such as mortgage payments and utility payments and compares it to the state average. The cost-of-living index factors in spending on such expenses as education, entertainment, food and beverage, health care, insurance, and clothing and compares it to the state average. All indexes are 2010 estimates based on an end-of-2009 Bureau of Labor Statistics survey.

    As Montana and Wyoming have wealthy subdivisions but few suburbs, Businessweek.com called local realtors in the states' major cities to identify the most expensive neighborhoods in their area.
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  2. Most Expensive Suburb in Alabama: Mountain Brook
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    Most Expensive Suburb in Alabama: Mountain Brook



    Median home price: $332,640*

    Cost-of-living index: 240

    Nonretail spending index: 243

    Location: about 5 miles southeast of Birmingham

    Population: 19,457


    Incorporated in 1942 in the Appalachian foothills, Mountain Brook is both the most expensive and the wealthiest suburb in Alabama. The per capita income in Mountain Brook is $81,317, according to U.S. Census Bureau estimates, nearly three times the U.S. average of $27,466. Residents are close to the Country Club of Birmingham, the Mountain Brook Club, and the Highland Park Golf Course, according to themejiagroup.com.

    * Median home price according to Sperling's BestPlaces. Home prices from other sources are provided as a reference, but did not factor into the ranking

    (The map of Alabama has been updated.)
  3. Most Expensive Suburb in Alaska: Butte
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    Most Expensive Suburb in Alaska: Butte



    Median home price: $194,991

    Cost-of-living index: 114

    Nonretail spending index: 114

    Location: about 40 miles northeast of Anchorage

    Population: 3,533


    Butte, a small Alaska community surrounded by glaciers, mountains, and rivers, was a sawmill town from 1940 to 1970, according to buttealaska.org. Today, most Butte residents work in farming or wholesale distribution of farm products in Anchorage or the Palmer/Wasilla area, according to the Alaska Commerce Dept.
  4. Most Expensive Suburb in Arizona: Paradise Valley
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    Most Expensive Suburb in Arizona: Paradise Valley



    Median home price: $1,240,000

    Cost-of-living index: 303

    Nonretail spending index: 306

    Location: about 14 miles northeast of Phoenix

    Population: 15,137


    Despite the more than 50 golf courses in the area, Paradise Valley is not merely a popular tourist destination. According to About.com, the area is home to such billionaire residents as Campbell Soup heir Bennett Dorrance and Discount Tire founder Bruce Halle. The Census Bureau reported per capita income in the area was $81,290 in 2000 and median household income was $150,228.
    Bloomberg/Businessweek
  5. Most Expensive Suburb in Arkansas: Maumelle
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    Most Expensive Suburb in Arkansas: Maumelle



    Median home price: $191,000

    Cost-of-living index: 141

    Nonretail spending index: 142

    Location: about 18 miles northwest of Little Rock

    Population: 15,989


    One of Arkansas' fastest-growing cities, Maumelle offers residents more than 20 miles of walking trails and biking paths, parks, sports fields, two 18-hole golf courses, fishing lakes, and indoor health facilities at the community center, according to the city's website. Per capita income in 2009 was $45,646 and median household income was $107,515, show data from Esri
  6. Most Expensive Suburb in California: Saratoga
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    Most Expensive Suburb in California: Saratoga



    Median home price: $1,405,000

    Cost-of-living index: 222

    Nonretail spending index: 223

    Location: about 10 miles southwest of San Jose

    Population: 30,287


    A wealthy community incorporated in the foothills of the Santa Cruz Mountains in 1956, the city of Saratoga has median household income of $151,733, according to Census data. Single-family detached homes begin at $432,000 to more than $6 million for a premier estate, according to the Saratoga Chamber of Commerce.

    * Some expensive California towns did not have large enough populations to be included in the survey.
  7. Most Expensive Suburb in Colorado: Cherry Hills Village
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    Most Expensive Suburb in Colorado: Cherry Hills Village



    Median home price: $1,089,100

    Cost-of-living index: 304

    Nonretail spending index: 307

    Location: about 6 miles south of Denver

    Population: 6,263


    Cherry Hills Village, incorporated in 1945, grew up around the Cherry Hills Country Club. The community is one of the wealthiest in the U.S. and real estate prices start in the $100,000's and range to more than $20 million, according to cherryhillsvillage-colorado.com.
  8. Most Expensive Suburb in Connecticut: Darien
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    Most Expensive Suburb in Connecticut: Darien



    Median home price: $1,250,000

    Cost-of-living index: 249

    Nonretail spending index: 251

    Location: about 40 miles northeast of midtown Manhattan

    Population: 19,218


    The town of Darien, in Connecticut's affluent Fairfield County, has two beaches along the Long Island Sound and restricted-member country clubs. It has been home to actresses Alex Breckenridge, Chloe Sevigny, and the musician Moby, according to newenglandtimes.com.

    Note: Other expensive areas in Connecticut such as Greenwich and New Canaan were not included in the survey, as they were classified as county subdivisions rather than suburbs, according to Onboard.
  9. Most Expensive Suburb in Delaware: North Star
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    Most Expensive Suburb in Delaware: North Star



    Median home price: $395,000

    Cost-of-living index: 175

    Nonretail spending index: 176

    Location: about 12 miles west of Wilmington

    Population: 8,415


    In North Star, a suburb in New Castle County close to the Pennsylvania border, the cost of living is not only above the state average; it's also 41.8 percent higher than the U.S. average, according to Sperling's BestPlaces. The median household income in North Star was $110,616, according to 2000 Census data.
  10. Most Expensive Suburb in Florida: Pinecrest
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    Most Expensive Suburb in Florida: Pinecrest



    Median home price: $645,000

    Cost-of-living index: 252

    Nonretail spending index: 255

    Location: about 15 miles south of Miami

    Population: 18,478


    The Village of Pinecrest, incorporated in 1996, is home to upscale gated communities and some of the most expensive real estate in South Florida ranging to more than $4 million, according to the website of Marie Story, a broker associate for Coldwell Banker.
  11. Most Expensive Suburb in Georgia: Dunwoody
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    Most Expensive Suburb in Georgia: Dunwoody



    Median home price: $305,000

    Cost-of-living index: 156

    Nonretail spending index: 157

    Location: about 17 miles north of Atlanta

    Population: 40,501


    The City of Dunwoody, which was settled in the 1800s but only incorporated on Dec. 1, 2008, has a downtown commercial and shopping area in addition to the residential subdivisions, according to dunwoodygarealestate.net. Per capita income in 2008 was $50,951, according to Census data, and median household income was $90,355.
    Bloomberg/Businessweek
  12. Most Expensive Suburb in Hawaii: Kailua
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    Most Expensive Suburb in Hawaii: Kailua



    Median home price: $652,708

    Cost-of-living index: 127

    Nonretail spending index: 128

    Location: about 12 miles northeast of Honolulu

    Population: 33,796


    Kailua, a popular tourist destination, is also Honolulu's most expensive suburb. The area has natural landmarks such as the Mokulua Islands, Kawainui Marshland, and Mount Olomana, according to kailuachamber.com, as well as beaches, parks, playgrounds, and a commercial district along Kailua Road.
  13. Most Expensive Suburb in Idaho: Eagle
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    Most Expensive Suburb in Idaho: Eagle



    Median home price: $252,593

    Cost-of-living index: 139

    Nonretail spending index: 140

    Location: about 7 miles northwest of Boise

    Population: 17,095


    Eagle's open spaces, old-fashioned streetlights, and tree-lined streets set the tone for the quiet suburb, which is located between the foothills and the Boise River. Residents have access to horse and bike riding, a skate park, family parks, and the Eagle Hills Golf Course, according to the city's website.
    Bloomberg/Businessweek
  14. Most Expensive Suburb in Illinois: Winnetka
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    Most Expensive Suburb in Illinois: Winnetka



    Median home price: $1,026,000

    Cost-of-living index: 309

    Nonretail spending index: 312

    Location: about 20 miles north of Chicago

    Population: 12,039


    The Village of Winnetka, a wealthy suburb of Chicago, has four beaches along Lake Michigan, numerous parks, athletic fields, an indoor tennis club, ice rink, and public golf course. Winnetka's median household income was $167,458 and per capita income was $84,134, according to 2000 Census data.
    Bloomberg/Businessweek
  15. Most Expensive Suburb in Indiana: Carmel
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    Most Expensive Suburb in Indiana: Carmel



    Median home price: $257,562

    Cost-of-living index: 159

    Nonretail spending index: 160

    Location: 15 miles north of Indianapolis

    Population: 45,660


    In this year's ranking, the city of Carmel beat Zionsville as Indiana's most expensive suburb. The city has 800 acres of green space, parks, and trails, and residents earn an average $45,573 per capita or $96,215 per household, according to 2008 Census data. While the median home sale price is $257,562, the area is also home to million-dollar residences.
  16. Most Expensive Suburb in Iowa: Johnston
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    Most Expensive Suburb in Iowa: Johnston



    Median home price: $180,000

    Cost-of-living index: 165

    Nonretail spending index: 167

    Location: about 10 miles northwest of Des Moines

    Population: 15,257


    A fast-growing city, Johnston has seen its population nearly double to 15,257 from 8,649 in 2000, according to city estimates. Property values have also increased from approximately $500 million to more than $1.6 billion in the last decade, according to johnston-compplan.com. The city is home to the Iowa National Guard's Camp Dodge.

    (The map of Iowa has been updated.)
  17. Most Expensive Suburb in Kansas: Mission Hills
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    Most Expensive Suburb in Kansas: Mission Hills



    Median home price: $521,250

    Cost-of-living index: 370

    Nonretail spending index: 374

    Location: about 6 miles south of Kansas City

    Population: 3,371


    The first planned suburb in Johnson County, Mission Hills was designed as an upscale bedroom community in the early 1900s and is surrounded by three golf courses. Home values are about $500,000 on average and approach $7 million on the high end, according to Brinton Realty.
  18. Most Expensive Suburb in Kentucky: Edgewood
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    Most Expensive Suburb in Kentucky: Edgewood



    Median home price: $179,000

    Cost-of-living index: 161

    Nonretail spending index: 163

    Location: about 16 miles south of Cincinnati

    Population: 8,897


    Edgewood, a city in Kenton County that formed in 1948 and expanded in 1968, has two parks, seven schools, one hospital, and is popular among families, according to cincybusinessmag.com. The community is neighbor to Kentucky cities such as Crestview Hills and Erlanger and is a short drive to Cincinnati.
  19. Most Expensive Suburb in Louisiana: Destrehan
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    Most Expensive Suburb in Louisiana: Destrehan



    Median home price: $170,380*

    Cost-of-living index: 147

    Nonretail spending index: 149

    Location: about 24 miles west of New Orleans

    Population: 12,130


    The suburb of Destrehan, located near the Mississippi River, has such wealthy subdivisions as the golf course community Ormond Estates. Census data from 2000 show the median household income was $63,425 and per capita income was $25,435, less than in many other suburbs on this list but higher than the both the Louisiana and U.S. averages.

    * Median home price according to Sperling's BestPlaces
  20. Most Expensive Suburb in Maine: Yarmouth
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    Most Expensive Suburb in Maine: Yarmouth



    Median home price: $313,430*

    Cost-of-living index: 154

    Nonretail spending index: 155

    Location: about 10 miles north of Portland

    Population: 3,391


    An affluent community in Cumberland County, Yarmouth offers housing in both coastal and wooded areas. Its high-ranking public and private schools have been a major attraction to residents. Many visitors come to Yarmouth for the summer Clam Festival, which began in 1966.

    * Median home price according to Sperling's BestPlaces
  21. Most Expensive Suburb in Maryland: Potomac
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    Most Expensive Suburb in Maryland: Potomac



    Median home price: $775,000

    Cost-of-living index: 221

    Nonretail spending index: 223

    Location: about 12 miles northwest of Washington, D.C.

    Population: 44,211


    Potomac, home to many wealthy professionals and foreign ambassadors, has per capita income of $84,157 and median household income of $157,254, according to Census data. The city has a downtown area with high-end shopping and restaurants. Home prices start around $400,000 and can go up to $10 million in such luxury subdivisions as Falconhurst, according to real estate company Koitz Group.
  22. Most Expensive Suburb in Massachusetts: Wellesley
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    Most Expensive Suburb in Massachusetts: Wellesley



    Median home price: $835,000

    Cost-of-living index: 205

    Nonretail spending index: 206

    Location: about 18 miles west of Boston

    Population: 25,822


    A town in Norfolk County, Wellesley is home to both Wellesley College and Babson College, and has a highly regarded school district. Many of the most expensive properties ring Lake Waban. Census data show the per capita income in Wellesley is $64,795 and median household income is $138,772.
  23. Most Expensive Suburb in Michigan: Bloomfield Township
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    Most Expensive Suburb in Michigan: Bloomfield Township



    Median home price: $224,977

    Cost-of-living index: 214

    Nonretail spending index: 216

    Location: about 25 miles northwest of Detroit

    Population: 40,141


    The Township of Bloomfield in Oakland County is 26 square miles with rolling hills, winding roads, and lakes and streams. The median household income is one of the highest in the state: $117,880, according to Census figures.



    (The map of Michigan has been updated.)
  24. Most Expensive Suburb in Minnesota: North Oaks
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    Most Expensive Suburb in Minnesota: North Oaks



    Median home price: $595,000

    Cost-of-living index: 276

    Nonretail spending index: 279

    Location: about 10 miles north of Saint Paul

    Population: 4,807


    The city of North Oaks has waterfront properties along Black Lake, Wilkinson Lake, and Pleasant Lake, according to north-oaks-real-estate.com. As residents' properties extend to halfway across the road, all residential roads in the city are private. In fact, the city owns no property: Residents own the roads and the North Oaks Home Owners' Assn. owns the parks and trails, according to the city's website.
  25. Most Expensive Suburb in Mississippi: Brandon
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    Most Expensive Suburb in Mississippi: Brandon



    Median home price: $139,890*

    Cost-of-living index: 142

    Nonretail spending index: 143

    Location: about 11 miles east of Jackson

    Population: 19,593


    Brandon, the seat of Rankin County, has fed Mississippi with more governors, senators, representatives, judges, district attorneys, physicians, and teachers than any other town of its size in the state, according to the city's website. While the per capita income of $29,670 is just above the national average, it is nearly 50 percent above the state average of $19,880, according to Census Bureau data.

    * Median home price according to Sperling's BestPlaces



    (The map of Mississippi has been updated.)
  26. Most Expensive Suburb in Missouri: Town and Country
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    Most Expensive Suburb in Missouri: Town and Country



    Median home price: $524,000

    Cost-of-living index: 312

    Nonretail spending index: 315

    Location: about 20 miles west of St. Louis

    Population: 10,800


    Incorporated in 1950, Town and Country is a residential area with large single-family homes, cul-de-sacs, and green space. Commercial areas are located at the periphery of the city, according to the city website. A real estate search shows many million-dollar homes for sale.
  27. Most Expensive Suburb in Montana: None
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    Most Expensive Suburb in Montana: None



    Realtors and members of the chambers of commerce in the biggest cities in Montana could not name suburbs that were more expensive than the cities. With so much land, the most expensive residential properties are either large ranches or homes in the center of town. Indeed, Billings, with a population of 100,000, has some suburbs, but they are generally less affluent than parts of Billings. The town has some expensive subdivisions, like Ironwood Estates and Emerald Hills, where homes are on the market for more than $500,000, but these are not technically suburbs.
  28. Most Expensive Suburb in Nebraska: Seward
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    Most Expensive Suburb in Nebraska: Seward



    Median home price: $119,490

    Cost-of-living index: 105

    Nonretail spending index: 105

    Location: 26 miles west of Lincoln

    Population: 6,053


    A college town just 26 miles from Lincoln, Seward is home to a University of Nebraska campus and Concordia University. With cute little shops along a main street and a historic county courthouse with a twice-weekly farmers' market, Seward is classic Middle America. Indeed, according to the Seward County Visitor's Committee, the city hosts "America's official 4th of July Small Town U.S.A. celebration!"
  29. Most Expensive Suburb in Nevada: Spring Valley
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    Most Expensive Suburb in Nevada: Spring Valley



    Median home price: $133,000

    Cost-of-living index: 111

    Nonretail spending index: 111

    Location: 5 miles from Las Vegas

    Population: 169,497


    Spring Valley consists of a broad swath of neighborhoods to the southwest of Las Vegas. Originally developed on land that housed the Stardust International Raceway, this suburb has grown quickly since the 1970s. Despite the fact that Nevada has been one of the states hardest-hit by the housing downturn, Spring Valley includes some ritzy gated communities, private golf courses like the Spanish Trail Golf and Country Club, and a large park called the Desert Breeze.
  30. Most Expensive Suburb in New Hampshire: Londonderry
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    Most Expensive Suburb in New Hampshire: Londonderry



    Median home price: $187,000

    Cost-of-living index: 128

    Nonretail spending index: 129

    Location: 11 miles from Manchester and 45 miles from Boston

    Population: 11,237


    Incorporated in 1722, the town has a rich history rooted in the original industry of the area, Londonderry Linen. Apple trees were planted by early farmers and the roads now connecting the five main orchards have been designated Apple Way. With 27 public and private golf courses and a conservation area with hiking trails, the semi-rural town is a commuter's paradise either to Manchester or, farther, to Boston.
  31. Most Expensive Suburb in New Jersey: Millburn
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    Most Expensive Suburb in New Jersey: Millburn



    Median home price: $1,067,500

    Cost-of-living index: 239

    Nonretail spending index: 241

    Location: 10 miles to Newark and 19 miles to New York City

    Population: 17,757


    Millburn's main street, Millburn Avenue, is just steps from a 2,000-acre nature reserve that stretches north from town. The residents pay dearly for such luxury, however, with the highest property tax rate in the state last year, according to the Newark Star-Ledger. The town also boasts the historic Paper Mill Playhouse and the Cora Hartshorn Arboretum and Bird Sanctuary.
  32. Most Expensive Suburb in New Mexico: Corrales
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    Most Expensive Suburb in New Mexico: Corrales



    Median home price: $353,175

    Cost-of-living index: 179

    Nonretail spending index: 181

    Location: 13 miles from Albuquerque

    Population: 7,729


    Corrales is a rural-feeling diamond in the rough of the metropolis of Albuquerque. Residents bike along the Corrales Bosque Preserve and stop to take in the more than 180 species of birds in the area, while galleries and restaurants fill the business district. The town and many nearby homes maintain the spirit of the Southwest with adobe construction and bare beams.
  33. Most Expensive Suburb in New York: Scarsdale
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    Most Expensive Suburb in New York: Scarsdale



    Median home price: $1,177,500

    Cost-of-living index: 311

    Nonretail spending index: 316

    Location: 27 miles from New York City and 3 miles from White Plains

    Population: 17,787


    In E.B. White's classic essay about New York City, "Here Is New York," he defines three types of New Yorkers -- commuters, natives, and those who relocated to seek dreams. For those in the first camp, swanky Scarsdale defines the suburban dream of the city's commuters. The town's mansions and gated communities mingle with upscale apartments and golf courses. Hence, the half-hour train ride from the concrete jungle setting of Grand Central Station is a return to trees, minivans, and lawn mowers.
  34. Most Expensive Suburb in North Carolina: Weddington
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    Most Expensive Suburb in North Carolina: Weddington



    Median home price: $414,000

    Cost-of-living index: 172

    Nonretail spending index: 174

    Location: 15 miles southeast of Charlotte and 14 miles northwest of Monroe

    Population: 9,594


    A semi-rural oasis between the cities of Monroe and Charlotte, Weddington mostly consists of homes on lots one acre or larger. The town hall, a shopping center, and a church -- known as Town Center -- anchor 17 square miles that make up this well-to-do suburban community.
  35. Most Expensive Suburb in North Dakota: Oxbow
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    Most Expensive Suburb in North Dakota: Oxbow



    Median home price: $291,000

    Cost-of-living index: 144

    Nonretail spending index: 145

    Location: 20 miles from Fargo

    Population: 288


    A tiny community on a golf course, Oxbow sits partially on a bend, or "oxbow," in the Red River as the river meanders north along the border of Minnesota and North Dakota before it arrives at Lake Winnipeg. That hasn't always been a good thing; last year the town got deluged with spring floods and residents had to be evacuated, according to CNN. The town was also in the news last year when a 17-year-old golfer from Oxbow won the national U.S. Girls' Junior Championship in New Jersey, according to the Newark Star-Ledger. She described her hometown as a "golf course surrounded by a bunch of houses."
  36. Most Expensive Suburb in Ohio: The Village of Indian Hill
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    Most Expensive Suburb in Ohio: The Village of Indian Hill



    Median home price: $800,000

    Cost-of-living index: 313

    Nonretail spending index: 316

    Location: 12 miles from Cincinnati

    Population: 6,272


    Ringed with nature preserves and parks, residents of the Village of Indian Hill pay handsomely for the feel of nature just 15 minutes from Cincinnati. Indeed, the village charter, listed on Indian Hill's website, states a goal of forming a green belt around the hill. The rural charm of the area is increased with local historical sites such as a red schoolhouse and a one-lane bridge that were both built in the late 1800s.
  37. Most Expensive Suburb in Oklahoma: Nichols Hills
    37

    Most Expensive Suburb in Oklahoma: Nichols Hills



    Median home price: $245,000

    Cost-of-living index: 257

    Nonretail spending index: 260

    Location: 11 miles north of downtown Oklahoma City

    Population: 3,937


    Nichols Hills is a quiet suburb of Oklahoma City with 1,800 homes and 138 businesses, according to the City of Nichols Hills. Anchoring the town is Oklahoma City's oldest private golf club, the Oklahoma City Golf and Country Club, with an outdoor swimming pool, indoor tennis courts, a fitness center, and an 18-hole golf course.
    Bloomberg/Businessweek
  38. Most Expensive Suburb in Oregon: Lake Oswego
    38

    Most Expensive Suburb in Oregon: Lake Oswego



    Median home price: $360,000

    Cost-of-living index: 165

    Nonretail spending index: 166

    Location: 9 miles south of Portland

    Population: 37,716


    Bordered on one side by a 670-acre forest park and on the other by the sparkling Lake Oswego, the town is an upscale residential suburb of Portland. It boasts great schools, swimming areas on the lake, and a public golf course.

    Bloomberg/Businessweek
  39. Most Expensive Suburb in Pennsylvania: Radnor Township
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    Most Expensive Suburb in Pennsylvania: Radnor Township



    Median home price: $512,600

    Cost-of-living index: 324

    Nonretail spending index: 328

    Location: 19 miles northeast of Philadelphia

    Population: 30,910


    Located on Philadelphia's Main Line, Radnor Township hosts or is within a few miles of numerous nationally renowned institutions of higher education, including Villanova University, Bryn Mawr College, and Haverford College. (The term "Main Line" refers to the affluent towns that once were stops on the old Main Line of the Philadelphia Railroad.) It was settled by Quakers in the 1600s. Some of the country estates that still mark the area were subdivided for housing or, in the case of Villanova, converted into institutional or educational uses. Today, parks and golf courses dot the upscale town.
    Bloomberg/Businessweek
  40. Most Expensive Suburb in Rhode Island: Barrington
    40

    Most Expensive Suburb in Rhode Island: Barrington



    Median home price: $320,250

    Cost-of-living index: 148

    Nonretail spending index: 149

    Location: 10 miles south of Providence

    Population: 15,908


    Nestled between Narragansett Bay and the Warren River, the town boasts on its website that no spot is more than two miles from salt water. Though largely a commuter suburb now, Barrington draws on a rich history dating back to the 1600s when it was part of the original Plymouth Colony. In 2005 it was ranked by Money magazine as sixth on its list of the 100 best places to live in the U.S.
    Bloomberg/Businessweek
  41. Most Expensive Suburb in South Carolina: Isle of Palms
    41

    Most Expensive Suburb in South Carolina: Isle of Palms



    Median home price: $620,000

    Cost-of-living index: 186

    Nonretail spending index: 188

    Location: 15 miles east of Charleston

    Population: 4,848


    A seven-mile-long, one-mile-wide Atlantic barrier island, the City of the Isle of Palms is both seaside resort and Charleston commuter community. Surfing, fishing, golf courses, and endless beaches draw visitors and locals alike. Although the median home price is $620,000, houses located on the water can easily fetch north of $1 million.
    Bloomberg/Businessweek
  42. Most Expensive Suburb in South Dakota: Brandon
    42

    Most Expensive Suburb in South Dakota: Brandon



    Median home price: $159,090*

    Cost-of-living index: 114

    Nonretail spending index: 117

    Location: 11 miles east of Sioux Falls

    Population: 9,056


    There aren't many suburbs in South Dakota. So Brandon is still affordable to some degree, though less so than Valley Springs, five miles down the road, where the median home price drops to $105,040. Brandon is ringed with farmland, parks, and a golf course on the east side of town.
    Bloomberg/Businessweek
  43. Most Expensive Suburb in Tennessee: Forest Hills
    43

    Most Expensive Suburb in Tennessee: Forest Hills



    Median home price: $635,000

    Cost-of-living index: 335

    Nonretail spending index: 339

    Location: 5 miles south of Nashville

    Population: 5,375


    The most expensive area of Forest Hills is the southern part, in forested hills nestled between Percy Warner Park on one side and Radnor Lake Natural Area and Wildlife Refuge on the other.
    Bloomberg/Businessweek
  44. Most Expensive Suburb in Texas: Hunters Creek Village
    44

    Most Expensive Suburb in Texas: Hunters Creek Village



    Median home price: $865,500

    Cost-of-living index: 334

    Nonretail spending index: 337

    Location: 9 miles west of Houston

    Population: 4,819


    Just north of the Houston Country Club is a suburb of quiet cul-de-sacs and dead-end roads with large homes.
    Bloomberg/Businessweek
  45. Most Expensive Suburb in Utah: Park City
    45

    Most Expensive Suburb in Utah: Park City



    Median home price: $415,750

    Cost-of-living index: 159

    Nonretail spending index: 169

    Location: 33 miles from Salt Lake City

    Population: 8,810


    A 40-minute drive from Salt Lake City, Park City is one of the world's great ski resorts -- as well as the site every January of the Sundance Film Festival founded in 1978 by resident Robert Redford. It's just close enough to be included in our suburbs list, though there aren't a ton of folks who commute from Park City to Salt Lake. More would probably do so if they could afford it. With fewer than 9,000 year-round residents, the city reports that residential property in the tiny valley adds up to a total valuation of more than $10 billion, more than a million bucks a head.
  46. Most Expensive Suburb in Vermont: South Burlington
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    Most Expensive Suburb in Vermont: South Burlington



    Median home price: $223,750

    Cost-of-living index: 118

    Nonretail spending index: 118

    Location: directly south of Burlington

    Population: 18,460


    Clean, safe, and just minutes from downtown Burlington, South Burlington is located on the shores of Lake Champlain. It is near many of the state's ski resorts, including Sugarbush, Stowe, and Killington.
    Bloomberg/Businessweek
  47. Most Expensive Suburb in Virginia: McLean
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    Most Expensive Suburb in Virginia: McLean



    Median home price: $789,000

    Cost-of-living index: 223

    Nonretail spending index: 225

    Location: 10 miles west of Washington D.C.

    Population: 38,319


    Home to diplomats and members of Congress, as well as the headquarters of Freddie Mac and Capital One, McLean is both a D.C.-area suburb and city in its own right. Government employees abound with D.C. nearby and the headquarters of the Central Intelligence Agency in the Langley neighborhood of McLean. Outside of town are endless cul-de-sacs and homes with swimming pools.
    Bloomberg/Businessweek
  48. Most Expensive Suburb in Washington: Sammamish
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    Most Expensive Suburb in Washington: Sammamish



    Median home price: $549,500

    Cost-of-living index: 199

    Nonretail spending index: 200

    Location: 18 miles east of Seattle

    Population: 46,340


    Next door to the Redmond home of Microsoft and nestled under the looming Cascade Mountains to the east, Sammamish is a growing Seattle suburb with prime real estate along the eastern shore of Lake Sammamish. The town boasts great schools, numerous parks, and a championship golf course at the Sahalee Country Club.
    Bloomberg/Businessweek
  49. Most Expensive Suburb in West Virginia: Teays Valley
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    Most Expensive Suburb in West Virginia: Teays Valley



    Median home price: $144,340*

    Cost-of-living index: 136

    Nonretail spending index: 137

    Location: 20 miles west of Charleston

    Population: 12,770


    A bedroom community with an 18-hole golf course and home to the excellent Teays Valley School District, the town is home to middle- and upper-class folks living along Interstate Highway 64.
    Bloomberg/Businessweek
  50. Most Expensive Suburb in Wisconsin: Mequon
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    Most Expensive Suburb in Wisconsin: Mequon



    Median home price: $317,500

    Cost-of-living index: 195

    Nonretail spending index: 196

    Location: 19 miles north of Milwaukee

    Population: 21,883


    With five golf courses, great K-12 schools, and a rural feel, Mequon is perfect for Milwaukee's most well-to-do commuters. According to the city, more than 50 percent of the land within the city limits is still undeveloped. That holds true for the area with some of the nicest homes, the tree-lined bluffs overlooking Lake Michigan.
    Bloomberg/Businessweek
  51. Most Expensive Suburb in Wyoming: None
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    Most Expensive Suburb in Wyoming: None



    With such small populations -- the largest city in Wyoming is Cheyenne, with a population of 53,000 -- it is difficult to find a suburb that is more affluent than the city. "We don't have big enough cities to have suburbs," says Brittney Korte at Cheyenne's #1 Properties. Wyoming is no stranger to expensive towns, however, since it encompasses the ski resort of Jackson Hole. The town reports that the median home price in February 2010 was $749,000. That's significantly higher than the Cheyenne suburb that popped up in our data, Ranchettes, with a median home price of $271,500. As in Montana, Wyoming's most expensive properties are ski chalets, city houses, and land.