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- Here's the salary you need to earn to buy a house in 19 major US cities
Here's the salary you need to earn to buy a house in 19 major US cities
19. San Antonio, Texas
18. Orlando, Florida
Population: 2,512,917
Median home price: $267,000
Monthly mortgage payment: $1,389.84
Salary needed to buy: $59,564.77
17. Minneapolis, Minnesota
Population: 3,629,190
Median home price: $275,500
Monthly mortgage payment: $1,460.43
Salary needed to buy: $62,589.66
16. Houston, Texas
Population: 6,997,384
Median home price: $235,900
Monthly mortgage payment: $1,400.93
Salary needed to buy: $60,039.81
15. Philadelphia, Pennsylvania
Population: 2,234,743
Median home price: $224,900
Monthly mortgage payment: $1,331.14
Salary needed to buy: $57,048.98
14. Dallas, Texas
Population: 7,539,711
Median home price: $254,300
Monthly mortgage payment: $1,484.59
Salary needed to buy: $63,625.39
13. Baltimore, Maryland
Population: 2,802,789
Median home price: $275,300
Monthly mortgage payment: $1,475.33
Salary needed to buy: $63,228.43
12. Chicago, Illinois
Population: 9,498,716
Median home price: $245,400
Monthly mortgage payment: $1,500.98
Salary needed to buy: $64,327.51
11. Miami, Florida
Population: 6,149,687
Median home price: $350,000
Monthly mortgage payment: $1,790.97
Salary needed to buy: $76,755.97
10. Sacramento, California
Population: 2,345,210
Median home price: $360,000
Monthly mortgage payment: $1,807.02
Salary needed to buy: $77,443.81
9. Portland, Oregon
Population: 2,478,810
Median home price: $390,600
Monthly mortgage payment: $1,917.18
Salary needed to buy: $82,165.04
8. Denver, Colorado
Population: 2,932,415
Median home price: $446,600
Monthly mortgage payment: $2,086.25
Salary needed to buy: $89,410.57
7. Washington, DC
Population: 6,249,950
Median home price: $420,000
Monthly mortgage payment: $2,131.13
Salary needed to buy: $91,334.30
6. Seattle, Washington
Population: 3,939,363
Median home price: $ 497,000
Monthly mortgage payment: $2,392.05
Salary needed to buy: $102,516.54
5. New York, New York
Population: 19,979,477
Median home price: $396,600
Monthly mortgage payment: $2,356.81
Salary needed to buy: $101,006.15
4. Boston, Massachusetts
Population: 4,874,390
Median home price: $461,200
Monthly mortgage payment: $2,404.69
Salary needed to buy: $103,058.20
3. Los Angeles, California
Population: 13,291,486
Median home price: $548,600
Monthly mortgage payment: $2,626.30
Salary needed to buy: $112,555.74
2. San Diego, California
Population: 3,343,364
Median home price: $620,000
Monthly mortgage payment: $2,911.34
Salary needed to buy: $124,771.80
1. San Francisco, California
Population: 4,729,484
Median home price: $930,000
Monthly mortgage payment: $4,345.85
Salary needed to buy: $186,250.55
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