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- Here's the salary you have to earn to buy a home in 19 major US cities
Here's the salary you have to earn to buy a home in 19 major US cities
19. Orlando
18. San Antonio
Population: 1,409,000
Median Home Price: $199,300
Monthly Mortgage Payment: $1,130
Salary Needed to Buy: $48,500
17. Minneapolis
Population: 407,207
Median Home Price: $288,700
Monthly Mortgage Payment: $1,199
Salary Needed to Buy: $51,500
16. Dallas
Population: 2,518,638
Median Home Price: $210,000
Monthly Mortgage Payment: $1,227
Salary Needed to Buy: $52,500
15. Houston
Population: 2,076,189
Median Home Price: $217,200
Monthly Mortgage Payment: $1,252
Salary Needed to Buy: $53,500
14. Philadelphia
Population: 1,517,628
Median Home Price: $234,700
Monthly Mortgage Payment: $1,291
Salary Needed to Buy: $55,500
13. Baltimore
Population: 640,064
Median Home Price: $252,300
Monthly Mortgage Payment: $1,308
Salary Needed to Buy: $56,000
12. Chicago
Population: 2,824,584
Median Home Price: $229,300
Monthly Mortgage Payment: $1,432
Salary Needed to Buy: $61,500
11. Sacramento
Population: 479,686
Median Home Price: $291,400
Monthly Mortgage Payment: $1,450
Salary Needed to Buy: $62,000
10. Miami
Population: 417,650
Median Home Price: $290,000
Monthly Mortgage Payment: $1,495
Salary Needed to Buy: $64,000
9. Portland
Population: 609,456
Median Home Price: $319,300
Monthly Mortgage Payment $1,551
Salary Needed to Buy: $66,500
8. Denver
Population: 649,495
Median Home Price: $353,000
Monthly Mortgage Payment: $1,608
Salary Needed to Buy: $70,000
7. Seattle
Population: 652,405
Median Home Price: $386,300
Monthly Mortgage Payment: $1,849
Salary Needed to Buy: $79,000
6. Washington, DC
Population: 582,049
Median Home Price: $388,600
Monthly Mortgage Payment: $1,910
Salary Needed to Buy: $82,000
5. New York City
Population: 8,213,839
Median Home Price: $410,500
Monthly Mortgage Payment: $2,134
Salary Needed to Buy: $91,500
4. Boston
Population: 645,966
Median Home Price: $449,000
Monthly Mortgage Payment: $2,165
Salary Needed to Buy: $93,000
3. Los Angeles
Population: 3,794,640
Median Home Price: $506,800
Monthly Mortgage Payment: $2,322
Salary Needed to Buy: $99,500
2. San Diego
Population: 1,284,347
Median Home Price: $554,400
Monthly Mortgage Payment: $2,489
Salary Needed to Buy: $106,500
1. San Francisco
Population: 777,660
Median Home Price: $809,400
Monthly Mortgage Payment: $3,573
Salary Needed to Buy: $153,000
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