A new study by the cost information site How Much looked at home affordability in some of the 50 largest U.S. cities.
Two big Silicon Valley cities, San Jose and San Francisco, rank at the top of the list. As well as Los Angeles and San Diego coming in at number 3 and 4.
Me after seeing this study: "Well, apartment living isn't too bad..."
The Top 5 Metro Areas With the Highest Salary Required for Buying a Home
1. San Jose, CA – $254,835.73
2. San Francisco,CA – $198,978.01
3. San Diego, CA – $131,640.79
4. Los Angeles, CA – $123,156.01
5. Boston, MA – $106,789.93
The Bottom 5 Metro Areas With the Lowest Salary Required for Buying a Home
1. Pittsburgh, PA – $37,659.86
2. Cleveland, OH – $40,437.72
3. Oklahoma City, OK – $41,335.41
4. Memphis, TN – $41,400.93
5. Indianapolis, IN – $42,288.92