Here's the salary you'll need if you want to afford a mortgage in 17 major US cities
17: Las Vegas, Nevada
16: Minneapolis, Minnesota
In Minneapolis, in order to afford the city's median monthly mortgage payment of $1,228, homeowners must earn a minimum annual income of $49,122.
The average price of a home in Minneapolis is $250,779.
15. Chicago, Illinois
In Chicago, in order to afford the city's median monthly mortgage payment of $1,276, homeowners must earn a minimum annual income of $51,031.
The average price of a home in Chicago is $260,526.
14. Atlanta, Georgia
In Atlanta, in order to afford the city's median monthly mortgage payment of $1,357, homeowners must earn a minimum annual income of $54,266.
The average price of a home in Atlanta is $277,041.
13. Salt Lake City, Utah
In Salt Lake City, in order to afford the city's median monthly mortgage payment of $1,431, homeowners must earn a minimum annual income of $57,248.
The average price of a home in Salt Lake City is $292,263.
12. Miami, Florida
In Miami, in order to afford the city's median monthly mortgage payment of $1,541, homeowners must earn a minimum annual income of $61,634.
The average price of a home in Miami is $314,657.
11. Denver, Colorado
In Denver, in order to afford the city's median monthly mortgage payment of $1,725, homeowners must earn a minimum annual income of $68,983.
The average price of a home in Denver is $352,172.
10. Portland, Oregon
In Portland, in order to afford the city's median monthly mortgage payment of $1,853, homeowners must earn a minimum annual income of $74,137.
The average price of a home in Portland is $378,483.
9. Boston, Massachusetts
In Boston, in order to afford the city's median monthly mortgage payment of $2,384, homeowners must earn a minimum annual income of $95,344.
The average price of a home in Boston is $486,752.
8. New York City, New York
In New York City, in order to afford the city's median monthly mortgage payment of $2,733, homeowners must earn a minimum annual income of $109,313.
The average price of a home in New York City is $558,065.
7. Washington, D.C.
In Washington, D.C., in order to afford the city's median monthly mortgage payment of $2,803, homeowners must earn a minimum annual income of $112,106.
The average price of a home in Washington, D.C. is $572,324.
6. Seattle, Washington
In Seattle, in order to afford the city's median monthly mortgage payment of $2,855, homeowners must earn a minimum annual income of $114,217.
The average price of a home in Seattle is $583,100.
5. San Diego, California
In San Diego, in order to afford the city's median monthly mortgage payment of $2,916, homeowners must earn a minimum annual income of $116,652.
The average price of a home in San Diego is $595,533.
4. Los Angeles, California
In Los Angeles, in order to afford the city's median monthly mortgage payment of $3,048, homeowners must earn a minimum annual income of $121,939.
The average price of a home in Los Angeles is $622,523.
3. Urban Honolulu, Hawaii
In Urban Honolulu, in order to afford the city's median monthly mortgage payment of $3,514, homeowners must earn a minimum annual income of $140,555.
The average price of a home in Urban Honolulu is $717,564.
2. San Jose, California
In San Jose, in order to afford the city's median monthly mortgage payment of $3,817, homeowners must earn a minimum annual income of $152,697.
The average price of a home in San Jose is $779,549.
1. San Francisco, California
In San Francisco, in order to afford the city's median monthly mortgage payment of $5,052, homeowners must earn a minimum annual income of $202,094.
The average price of a home in San Francisco is $1,032,732.
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