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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. San Antonio
18. Orlando
Population: 255,483
Median Home Price: $205,000
Monthly Mortgage Payment: $1,115
Salary Needed to Buy: $48,000
17. Minneapolis
Population: 407,207
Median Home Price: $223,700
Monthly Mortgage Payment: $1,172
Salary Needed to Buy: $50,500
16. Philadelphia
Population: 1,517,628
Median Home Price: $213,700
Monthly Mortgage Payment: $1,204
Salary Needed to Buy: $51,500
15. Dallas
Population: 2,518,638
Median Home Price: $206,200
Monthly Mortgage Payment: $1,208
Salary Needed to Buy: $52,000
14. Houston
Population: 2,076,189
Median Home Price: $209,200
Monthly Mortgage Payment: $1,217
Salary Needed to Buy: $52,000
13. Baltimore
Population: 640,064
Median Home Price: $233,500
Monthly Mortgage Payment: $1,233
Salary Needed to Buy: $53,000
12. Chicago
Population: 2,824,584
Median Home Price: $209,800
Monthly Mortgage Payment: $1,352
Salary Needed to Buy: $58,000
11. Sacramento
Population: 479,686
Median Home Price: $294,100
Monthly Mortgage Payment: $1,450
Salary Needed to Buy: $62,000
10. Miami
Population: 417,650
Median Home Price: $286,000
Monthly Mortgage Payment: $1,471
Salary Needed to Buy: $63,000
9. Portland
Population: 609,456
Median Home Price: $318,300
Monthly Mortgage Payment $1,538
Salary Needed to Buy: $66,000
8. Denver
Population: 649,495
Median Home Price: $353,500
Monthly Mortgage Payment: $1,596
Salary Needed to Buy: $68,500
7. Seattle
Population: 652,405
Median Home Price: $385,300
Monthly Mortgage Payment: $1,829
Salary Needed to Buy: $78,500
6. Washington, DC
Population: 582,049
Median Home Price: $371,600
Monthly Mortgage Payment: $1,834
Salary Needed to Buy: $78,500
5. Boston
Population: 645,966
Median Home Price: $393,600
Monthly Mortgage Payment: $1,940
Salary Needed to Buy: $83,000
4. New York City
Population: 8,213,839
Median Home Price: $384,600
Monthly Mortgage Payment: $2,024
Salary Needed to Buy: $87,000
3. Los Angeles
Population: 3,794,640
Median Home Price: $481,900
Monthly Mortgage Payment: $2,217
Salary Needed to Buy: $95,000
2. San Diego
Population: 1,284,347
Median Home Price: $546,800
Monthly Mortgage Payment: $2,407
Salary Needed to Buy: $103,000
1. San Francisco
Population: 777,660
Median Home Price: $781,600
Monthly Mortgage Payment: $3,453
Salary Needed to Buy: $148,000
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