Seattle America's most overpriced city

Tacoma’s big city neighbor to the north was recently awarded a title it probably doesn’t want.

Seattle took the title this year of America’s most overpriced city, climbing up from the No. 10 spot last year.

The ranking, by Forbes Magazine, compares costs of living, housing prices, jobs and other criteria for the biggest U.S. cities.

Portland, Ore., is rated as the fourth-most expensive.