These are the most expensive shopping streets in America

Rodeo Drive's iconic store cluster remains as relevant as ever, making it good for the second slot. It demands $875 a square foot per year.

San Francisco's retail rents are high like its residential rents. In third place, it would cost $700 per square foot a year to have a store in the famed shopping area of Union Square.

Chicago has spruced up its famous North Michigan Avenue shopping district and given it a new coat of paint. Anchored by a redeveloped riverfront that features a new Apple Store, rents go for around $550 a square foot per year.

Miami's Lincoln Road pedestrian shopping area has the ability to attract a crowd. It also attracts renters with a going rate of $300 a square foot per year.

Washington, DC's Penn Quarter is one of the most dynamic sectors of the city. Its rents are the highest too, costing $205 a square foot per year.

Palm Beach's pricey boutiques also have pricey rent. It costs an average of $145 a square foot per year to rent on the main street, Worth Avenue.

Boston's famous shopping street also has stores from e-commerce-based brands, but it's famous in its own right. That's good enough to command $130 per square foot in rent per year.

Like many other cities, Philadelphia has gotten a retail boost from e-commerce-based brands that have opened stores in major shopping areas. The rent on Walnut Street averages $125 per square foot a year.