Welcome To Gavin Newsom’s Hotel California. California now leads the nation in many of the costs that matter most to household budgets.
Home prices, gasoline, electricity, water bills, and taxes all rank among the highest in the country, making the Golden State one of America’s most expensive places to live.
The contrast is striking. While Silicon Valley wealth and tech fortunes surge, everyday living costs continue to climb for ordinary residents. For many Californians, the Golden State increasingly resembles Hotel California: you can check in, but escaping the rising cost structure is another matter.
