Thinking about moving your family to one of America’s major cities? Well, if it’s to the beautiful San Francisco Bay Area or San Diego , you might want to make sure you’re a big baller, shot caller (are folks still saying that?). Here’s what your household salary would need to be to purchase* a house to 16 of America’s major cities:
San Francisco, CA
In San Francisco, the median home price comes in at $770,300, and buyers would need to make a salary of $144,196 to afford a similarly priced home.
Photo: Carlos Lopez via Flickr
San Diego, CA
In San Diego, the median home price comes in at $554,300, and buyers would need to make a salary of $104,486. to afford a similarly priced home.
Los Angeles, CA
In Los Angeles, the median home price comes in at $458,900, and buyers would need to make a salary of $90,180. to afford a similarly priced home.
New York City, NY
In New York City, the median home price comes in at $381,000, and buyers would need to make a salary of $85,205. to afford a similarly priced home.
Boston, MA
In Boston, the median home price comes in at $378,500, and buyers would need to make a salary of $79,577. to afford a similarly priced home.
Seattle, WA
In Seattle, the median home price comes in at $383,100, and buyers would need to make a salary of $77,529. to afford a similarly priced home.
Washington, DC
In Washington, DC, the median home price comes in at $370,400, and buyers would need to make a salary of $77,480. to afford a similarly priced home.
Denver, CO
In Denver, the median home price comes in at $369,000, and buyers would need to make a salary of $70,186. to afford a similarly priced home.
Portland, OR
In Portland, the median home price comes in at $326,700, and buyers would need to make a salary of $66,637. to afford a similarly priced home.
Miami, FL
In Miami, the median home price comes in at $286,700, and buyers would need to make a salary of $62,370. to afford a similarly priced home.
Chicago, IL
In Chicago, the median home price comes in at $208,600, and buyers would need to make a salary of $57,168. to afford a similarly priced home.
Houston, TX
In Houston, the median home price comes in at $208,000, and buyers would need to make a salary of $51,392. to afford a similarly priced home.
Philadelphia, PA
In Philadelphia, the median home price comes in at $203,900, and buyers would need to make a salary of $49,576. to afford a similarly priced home.
Phoenix, AZ
In Phoenix, the median home price comes in at $223,100, and buyers would need to make a salary of $43,666. to afford a similarly priced home.
Atlanta, GA
In Atlanta, the median home price comes in at $167,800, and buyers would need to make a salary of $36,824. to afford a similarly priced home.
St. Louis, MO
In Atlanta, the median home price comes in at $140,700, and buyers would need to make a salary of $33,898. to afford a similarly priced home.
Photo: Ron Reiring via Flickr
(*Assuming you make a 20% down payment, and qualify for a 30-year fixed rate mortgage)
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h/t: HSH
