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an Jose has been named as the most expensive city in the United States for buying or renting a property, according to a recent study conducted by real estate platform Clever. The average cost of purchasing a house in San Jose stands at approximately $1.5 million, while the median monthly rent for a home is over $3,300. Real estate agents suggest that renting in Silicon Valley may be a more viable option due to the high ratio of home prices to rental prices.