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- Here's how much money you need to have saved if you want to get married and buy a home in the same year in 25 cities
Here's how much money you need to have saved if you want to get married and buy a home in the same year in 25 cities
Cleveland, Ohio: You need to have saved $55,980 in the Cleveland metro area to buy a house and have a wedding in the same year.
Detroit, Michigan: You need to have saved $56,980 in the Detroit metro area to buy a house and have a wedding in the same year.
The average cost of a wedding in Detroit is $29,000. A 20% down payment on a median-priced home ($139,900) in the area is $27,980. In order to afford both in the same year, you will need to have saved a total of $56,980.
The median household income in the Detroit metro area is $56,339.
Pittsburgh, Pennsylvania: You need to have saved $64,980 in the Pittsburgh metro area to buy a house and have a wedding in the same year.
The average cost of a wedding in Pittsburgh is $27,000. A 20% down payment on a median-priced home ($189,900) in the area is $37,980. In order to afford both in the same year, you will need to have saved a total of $64,980.
The median household income in the Pittsburgh metro area is $56,073.
Tampa, Florida: You need to have saved $73,198 in the Tampa metro area to buy a house and have a wedding in the same year.
The average cost of a wedding in Tampa is $23,000. A 20% down payment on a median-priced home ($250,900) in the area is $50,198. In order to afford both in the same year, you will need to have saved a total of $73,198.
The median household income in the Tampa metro area is $50,567.
Orlando, Florida: You need to have saved $80,068 in the Orlando metro area to buy a house and have a wedding in the same year.
The average cost of a wedding in Orlando is $26,000. A 20% down payment on a median-priced home ($270,340) in the area is $54,068. In order to afford both in the same year, you will need to have saved a total of $80,068.
The median household income in the Orlando metro area is $52,261.
Hartford, Connecticut: You need to have saved $80,200 in the Hartford metro area to buy a house and have a wedding in the same year.
The average cost of a wedding in Hartford is $30,000. A 20% down payment on a median-priced home ($251,000) in the area is $50,200. In order to afford both in the same year, you will need to have saved a total of $80,200.
The median household income in the Hartford metro area is $73,209.
Philadelphia, Pennsylvania: You need to have saved $81,200 in the Philadelphia metro area to buy a house and have a wedding in the same year.
The average cost of a wedding in Philadelphia is $33,000. A 20% down payment on a median-priced home ($241,000) in the area is $48,200. In order to afford both in the same year, you will need to have saved a total of $81,200.
The median household income in the Philadelphia metro area is $66,285.
Phoenix, Arizona: You need to have saved $81,447 in the Phoenix metro area to buy a house and have a wedding in the same year.
The average cost of a wedding in Phoenix is $23,000. A 20% down payment on a median-priced home ($292,235) in the area is $58,447. In order to afford both in the same year, you will need to have saved a total of $81,447.
The median household income in the Phoenix metro area is $57,935.
Minneapolis, Minnesota: You need to have saved $82,000 in the Minneapolis metro area to buy a house and have a wedding in the same year.
The average cost of a wedding in Minneapolis is $23,000. A 20% down payment on a median-priced home ($295,000) in the area is $59,000. In order to afford both in the same year, you will need to have saved a total of $82,000.
The median household income in the Minneapolis metro area is $73,735.
Atlanta, Georgia: You need to have saved $82,980 in the Atlanta metro area a to buy a house and have a wedding in the same year.
The average cost of a wedding in Atlanta is $27,000. A 20% down payment on a median-priced home ($279,900) in the area is $55,980. In order to afford both in the same year, you will need to have saved a total of $82,980.
The median household income in the Atlanta metro area is $61,733.
Charlotte, North Carolina: You need to have saved $84,980 in the Charlotte metro area to buy a house and have a wedding in the same year.
The average cost of a wedding in Charlotte is $27,000. A 20% down payment on a median-priced home ($289,900) in the area is $57,980. In order to afford both in the same year, you will need to have saved a total of $84,980.
The median household income in the Charlotte metro area is $57,871.
Houston, Texas: You need to have saved $88,800 in the Houston metro area to buy a house and have a wedding in the same year.
The average cost of a wedding in Houston is $33,000. A 20% down payment on a median-priced home ($279,000) in the area is $55,800. In order to afford both in the same year, you will need to have saved a total of $88,800.
The median household income in the Philadelphia metro area is $62,922.
Raleigh, North Carolina: You need to have saved $89,900 in the Raleigh metro area to buy a house and have a wedding in the same year.
The average cost of a wedding in Raleigh is $27,000. A 20% down payment on a median-priced home ($314,500) in the area is $62,900. In order to afford both in the same year, you will need to have saved a total of $89,900.
The median household income in the Raleigh metro area is $68,870.
Chicago, Illinois: You need to have saved $94,980 in the Chicago metro area to buy a house and have a wedding in the same year.
The average cost of a wedding in Chicago is $37,000. A 20% down payment on a median-priced home ($289,900) in the area is $57,980. In order to afford both in the same year, you will need to have saved a total of $94,980.
The median household income in the Chicago metro area is $65,757.
Dallas, Texas: You need to have saved $95,000 in the Dallas metro area to buy a house and have a wedding in the same year.
The average cost of a wedding in Dallas is $30,000. A 20% down payment on a median-priced home ($325,000) in the area is $65,000. In order to afford both in the same year, you will need to have saved a total of $95,000.
The median household income in the Dallas metro area is $63,870.
Baltimore, Maryland: You need to have saved $98,000 in the Baltimore metro area to buy a house and have a wedding in the same year.
The average cost of a wedding in Baltimore is $35,000. A 20% down payment on a median-priced home ($315,000) in the area is $63,000. In order to afford both in the same year, you will need to have saved a total of $98,000
The median household income in the Baltimore metro area is $75,646.
Sacramento, California: You need to have saved $113,800 in the Sacramento metro area to buy a house and have a wedding in the same year.
The average cost of a wedding in Sacramento is $26,000. A 20% down payment on a median-priced home ($439,000) in the area is $87,800. In order to afford both in the same year, you will need to have saved a total of $113,800.
The median household income in the Sacramento metro area is $64,407.
Denver, Colorado: You need to have saved $115,980 in the Denver metro area to buy a house and have a wedding in the same year.
The average cost of a wedding in Denver is $28,000. A 20% down payment on a median-priced home ($439,900) in the area is $87,980. In order to afford both in the same year, you will need to have saved a total of $115,980.
The median household income in the Denver metro area is $71,884.
Washington, D.C.: You need to have saved $127,600 in the Washington, D.C. metro area to buy a house and have a wedding in the same year.
The average cost of a wedding in Washington D.C. is $39,000. A 20% down payment on a median-priced home ($443,000) in the area is $88,600. In order to afford both in the same year, you will need to have saved a total of $127,600.
The median household income in the Washington D.C. metro area is $97,148.
Seattle, Washington: You need to have saved $144,990 in the Seattle metro area to buy a house and have a wedding in the same year.
The average cost of a wedding in Seattle is $25,000. A 20% down payment on a median-priced home ($599,950) in the area is $119,990. In order to afford both in the same year, you will need to have saved a total of $144,990.
The median household income in the Seattle metro area is $77,269.
Boston, Massachusetts: You need to have saved $149,800 in the Boston metro area to buy a house and have a wedding in the same year.
The average cost of a wedding in Boston is $38,000. A 20% down payment on a median-priced home ($559,000) in the area is $111,800. In order to afford both in the same year, you will need to have saved a total of $149,800.
The median household income in the Boston metro area is $81,838.
San Diego, California: You need to have saved $154,800 in the San Diego metro area to buy a house and have a wedding in the same year.
The average cost of a wedding in San Diego is $27,000. A 20% down payment on a median-priced home ($639,000) in the area is $127,800. In order to afford both in the same year, you will need to have saved a total of $154,800.
The median household income in the San Diego metro area is $70,588.
New York, New York: You need to have saved $157,000 in the New York metro area to buy a house and have a wedding in the same year.
The average cost of a wedding in the New York metro area is $50,000. A 20% down payment on a median-priced home ($535,000) in the area is $107,000. In order to afford both in the same year, you will need to have saved a total of $157,000.
The median household income in the New York metro area is $72,205.
Los Angeles, California: You need to have saved $168,800 in the Los Angeles metro area to buy a house and have a wedding in the same year.
The average cost of a wedding in Los Angeles is $33,000. A 20% down payment on a median-priced home ($679,000) in the area is $135,800. In order to afford both in the same year, you will need to have saved a total of $168,800.
The median household income in the Los Angeles metro area is $65,331.
San Francisco, California: You need to have saved $325,000 in the San Francisco metro area to buy a house and have a wedding in the same year.
The average cost of a wedding in San Francisco is $40,000. A 20% down payment on a median-priced home ($1,425,000) in the area is $285,000. In order to afford both in the same year, you will need to have saved a total of $325,000.
The median household income in the San Francisco metro area is $92,714.
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