Here’s the salary you need to buy a home in these US cities

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The stress of purchasing a new home coupled with the uncertainty of living expenses can make looking for housing an exhausting task. To avoid home-buying fatigue, buyers should check how far their salary can stretch before seriously considering signing on a home.

To assist prospective home buyers, finder.com calculated the salaries necessary to buy a home and live comfortably in 78 key cities across the US for 2020. For us, living soundly means more than just initially affording your dream home. We considered median state expenditures as well as changing rates on a 30-year mortgage.

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What does it mean to live comfortably?

Our finder.com analysis was based on:

  • Median house prices
  • Average 30-year interest rate based on a 20% deposit
  • Mortgage repayments including mortgage interest
  • Average non-mortgage debt in the city
  • Average non-housing expenditures in the state

Image Credit: DepositPhotos.com.

Methodology

Median house prices data was sourced from the Zillow Home Value Index (ZHVI) by Zillow where Geography = City, accessed on Sept 10, 2020. Average 30-year interest rates in each state was sourced from bankrate on September 9, 2020. Mortgage repayments were calculated based on a 20% deposit on the median house prices in each city and the average 30-year interest rate in each state.

The average non-mortgage debt in the state was sourced from Debt in America by the Urban Institute, with prices in August 2020 dollars based on the Consumer Price Index (CPI).The average non-housing expenditures in the state was based on the per capita Personal Consumption Expenditures by State by the Bureau of Economic Analysis (BEA). We calculated personal consumption expenditures outside of housing by subtracting the per capita amount spent on housing and utilities, and adjusted to 2020 prices based on the CPI.

To calculate the required salary to buy a home, we calculated the income needed based on the ideal mortgage debt-to-income ratio of 28% and the monthly mortgage payments required in each city, making sure that the income needed for the ideal mortgage ratio was at least the sum of non-mortgage debt, yearly mortgage and non-housing expenditure in each city.

We looked at five new cities this year: San Antonio, Texas; Austin, Texas; Fort Worth, Texas; Louisville, Kentucky and Albuquerque, New Mexico. We did not include five cities that we looked at in previous years: Rochester, New York; Harrisburg, Pennsylvania; Scranton, Pennsylvania; Ogden, Utah and Youngstown, Ohio.

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78. Jackson, Mississippi

Home value: $40,920

Non-housing expenditure: $26,643

Non-mortgage debt: $15,845

Average interest rate: 2.93%

Monthly mortgage repayments: $137

Required salary: $44,129

% required salary change from 2018: -26.08%

2018 Salary: $59,697

2018 Rank: 78

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77. Birmingham, Alabama

Home value: $68,025

Non-housing expenditure: $29,254

Non-mortgage debt: $16,844

Average interest rate: 3.10%

Monthly mortgage repayments: $232

Required salary: $48,886

% required salary change from 2018: -2.95%

2018 Salary: $50,371

2018 Rank: 77

Image Credit: iStock/SeanPavonePhoto.

76. Memphis, Tennessee

Home value: $102,189

Non-housing expenditure: $31,037

Non-mortgage debt: $16,079

Average interest rate: 3.00%

Monthly mortgage repayments: $345

Required salary: $51,252

% required salary change from 2018: -3.68%

2018 Salary: $53,207

2018 Rank: 75

Image Credit: DepositPhotos.com.

75. Little Rock, Arkansas

Home value: $155,809

Non-housing expenditure: $29,695

Non-mortgage debt: $16,129

Average interest rate: 2.99%

Monthly mortgage repayments: $525

Required salary: $52,122

% required salary change from 2018: -4.85%

2018 Salary: $54,778

2018 Rank: 67

Image Credit: Deposit Photos.

74. Tulsa, Oklahoma

Home value: $134,628

Non-housing expenditure: $29,853

Non-mortgage debt: $17,082

Average interest rate: 3.03%

Monthly mortgage repayments: $456

Required salary: $52,405

% required salary change from 2018: -2.77%

2018 Salary: $53,899

2018 Rank: 66

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73. Augusta, Georgia

Home value: $117,804

Non-housing expenditure: $30,985

Non-mortgage debt: $16,990

Average interest rate: 3.00%

Monthly mortgage repayments: $397

Required salary: $52,744

% required salary change from 2018: -4.75%

2018 Salary: $55,375

2018 Rank: 76

Image Credit: Sean Pavone / iStock.

72. Oklahoma City

Home value: $147,446

Non-housing expenditure: $29,853

Non-mortgage debt: $17,082

Average interest rate: 3.03%

Monthly mortgage repayments: $499

Required salary: $52,926

% required salary change from 2018: -3.56%

2018 Salary: $54,877

2018 Rank: 59

Image Credit: DepositPhotos.com.

71. Detroit

Home value: $38,352

Non-housing expenditure: $35,070

Non-mortgage debt: $16,618

Average interest rate: 3.07%

Monthly mortgage repayments: $131

Required salary: $53,254

% required salary change from 2018: -4.56%

2018 Salary: $55,798

2018 Rank: 69

Image Credit: iStock/espiegle.

70. Columbia, South Carolina

Home value: $151,681

Non-housing expenditure: $29,681

Non-mortgage debt: $17,845

Average interest rate: 3.04%

Monthly mortgage repayments: $514

Required salary: $53,697

% required salary change from 2018: -7.14%

2018 Salary: $57,824

2018 Rank: 47

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69. Louisville, Kentucky

Home value: $184,900

Non-housing expenditure: $30,502

Non-mortgage debt: $15,956

Average interest rate: 3.02%

Monthly mortgage repayments: $625

Required salary: $53,961

% required salary change from 2018: N/A

2018 Salary: N/A

2018 Rank: N/A

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68. Greensboro, North Carolina

Home value: $169,479

Non-housing expenditure: $30,547

Non-mortgage debt: $16,976

Average interest rate: 3.10%

Monthly mortgage repayments: $579

Required salary: $54,470

% required salary change from 2018: 0.00%

2018 Salary: $54,470

2018 Rank: 73

Image Credit: SeanPavonePhoto / iStock.

67. Chattanooga, Tennessee

Home value: $187,359

Non-housing expenditure: $31,037

Non-mortgage debt: $16,079

Average interest rate: 3.00%

Monthly mortgage repayments: $632

Required salary: $54,699

% required salary change from 2018: -0.90%

2018 Salary: $55,199

2018 Rank: 71

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66. Wichita, Kansas

Home value: $141,637

Non-housing expenditure: $32,356

Non-mortgage debt: $16,677

Average interest rate: 3.08%

Monthly mortgage repayments: $483

Required salary: $54,824

% required salary change from 2018: -3.10%

2018 Salary: $56,577

2018 Rank: 60

Image Credit: Deposit Photos.

65. Knoxville, Tennessee

Home value: $207,022

Non-housing expenditure: $31,037

Non-mortgage debt: $16,079

Average interest rate: 3.00%

Monthly mortgage repayments: $698

Required salary: $55,495

% required salary change from 2018: 0.01%

2018 Salary: $55,491

2018 Rank: 74

Image Credit: DepositPhotos.com.

64. Greenville, South Carolina

Home value: $212,356

Non-housing expenditure: $29,681

Non-mortgage debt: $17,845

Average interest rate: 3.04%

Monthly mortgage repayments: $720

Required salary: $56,165

% required salary change from 2018: 0.76%

2018 Salary: $55,739

2018 Rank: 68

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63. El Paso, Texas

Home value: $141,277

Non-housing expenditure: $33,606

Non-mortgage debt: $17,140

Average interest rate: 3.07%

Monthly mortgage repayments: $481

Required salary: $56,515

% required salary change from 2018: -0.49%

2018 Salary: $56,794

2018 Rank: 63

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62. Albuquerque, New Mexico

Home value: $223,438

Non-housing expenditure: $30,888

Non-mortgage debt: $16,518

Average interest rate: 3.07%

Monthly mortgage repayments: $760

Required salary: $56,531

% required salary change from 2018: N/A

2018 Salary: N/A

2018 Rank: N/A

Image Credit: DepositPhotos.com.

61. McAllen, Texas

Home value: $148,533

Non-housing expenditure: $33,606

Non-mortgage debt: $17,140

Average interest rate: 3.07%

Monthly mortgage repayments: $505

Required salary: $56,812

% required salary change from 2018: 3.50%

2018 Salary: $54,893

2018 Rank: 72

Image Credit: Anthony Acosta .

60. Des Moines, Iowa

Home value: $153,160

Non-housing expenditure: $33,812

Non-mortgage debt: $16,888

Average interest rate: 2.92%

Monthly mortgage repayments: $511

Required salary: $56,836

% required salary change from 2018: -5.05%

2018 Salary: $59,861

2018 Rank: 44

Image Credit: iStock.

59. Dayton, Ohio

Home value: $66,393

Non-housing expenditure: $35,712

Non-mortgage debt: $18,464

Average interest rate: 3.03%

Monthly mortgage repayments: $225

Required salary: $56,873

% required salary change from 2018: 3.01%

2018 Salary: $55,211

2018 Rank: 64

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58. Tucson, Arizona

Home value: $222,612

Non-housing expenditure: $29,889

Non-mortgage debt: $18,194

Average interest rate: 2.97%

Monthly mortgage repayments: $748

Required salary: $57,059

% required salary change from 2018: -0.83%

2018 Salary: $57,536

2018 Rank: 62

Image Credit: Sean Pavone / iStock.

57. Cleveland

Home value: $72,953

Non-housing expenditure: $35,712

Non-mortgage debt: $18,464

Average interest rate: 3.03%

Monthly mortgage repayments: $247

Required salary: $57,140

% required salary change from 2018: 0.23%

2018 Salary: $57,011

2018 Rank: 58

Image Credit: iStock/Sean Pavone.

56. Akron, Ohio

Home value: $77,705

Non-housing expenditure: $35,712

Non-mortgage debt: $18,464

Average interest rate: 3.03%

Monthly mortgage repayments: $263

Required salary: $57,333

% required salary change from 2018: -1.75%

2018 Salary: $58,357

2018 Rank: 50

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55. Toledo, Ohio

Home value: $82,414

Non-housing expenditure: $35,712

Non-mortgage debt: $18,464

Average interest rate: 3.03%

Monthly mortgage repayments: $279

Required salary: $57,524

% required salary change from 2018: -0.58%

2018 Salary: $57,857

2018 Rank: 57

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54. Charlotte, North Carolina

Home value: $260,093

Non-housing expenditure: $30,547

Non-mortgage debt: $16,976

Average interest rate: 3.10%

Monthly mortgage repayments: $889

Required salary: $58,185

% required salary change from 2018: -4.08%

2018 Salary: $60,656

2018 Rank: 51

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53. San Antonio

Home value: $190,229

Non-housing expenditure: $33,606

Non-mortgage debt: $17,140

Average interest rate: 3.07%

Monthly mortgage repayments: $647

Required salary: $58,515

% required salary change from 2018: N/A

2018 Salary: N/A

2018 Rank: N/A

Image Credit: DepositPhotos.

52. Milwaukee

Home value: $140,077

Non-housing expenditure: $36,645

Non-mortgage debt: $16,219

Average interest rate: 3.17%

Monthly mortgage repayments: $483

Required salary: $58,658

% required salary change from 2018: 0.20%

2018 Salary: $58,541

2018 Rank: 61

Image Credit: iStock.

51. Houston

Home value: $195,600

Non-housing expenditure: $33,606

Non-mortgage debt: $17,140

Average interest rate: 3.07%

Monthly mortgage repayments: $666

Required salary: $58,734

% required salary change from 2018: -2.03%

2018 Salary: $59,950

2018 Rank: 56

Image Credit: Deposit Photos.

50. Kansas City, Missouri

Home value: $167,396

Non-housing expenditure: $34,722

Non-mortgage debt: $17,375

Average interest rate: 2.99%

Monthly mortgage repayments: $564

Required salary: $58,864

% required salary change from 2018: -1.86%

2018 Salary: $59,979

2018 Rank: 54

Image Credit: iStock/Sean Pavone.

49. Nashville, Tennessee

Home value: $296,806

Non-housing expenditure: $31,037

Non-mortgage debt: $16,079

Average interest rate: 3.00%

Monthly mortgage repayments: $1,001

Required salary: $59,129

% required salary change from 2018: -4.28%

2018 Salary: $61,771

2018 Rank: 46

Image Credit: Deposit Photos.

48. Grand Rapids, Michigan

Home value: $190,026

Non-housing expenditure: $35,070

Non-mortgage debt: $16,618

Average interest rate: 3.07%

Monthly mortgage repayments: $647

Required salary: $59,448

% required salary change from 2018: -2.89%

2018 Salary: $61,219

2018 Rank: 52

Image Credit: depositphotos.com.

47. Phoenix

Home value: $283,276

Non-housing expenditure: $29,889

Non-mortgage debt: $18,194

Average interest rate: 2.97%

Monthly mortgage repayments: $952

Required salary: $59,505

% required salary change from 2018: -4.63%

2018 Salary: $62,392

2018 Rank: 41

Image Credit: DepositPhotos.com.

46. Forth Worth, Texas

Home value: $215,109

Non-housing expenditure: $33,606

Non-mortgage debt: $17,140

Average interest rate: 3.07%

Monthly mortgage repayments: $732

Required salary: $59,531

% required salary change from 2018: N/A

2018 Salary: N/A

2018 Rank: N/A

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45. Raleigh, North Carolina

Home value: $295,736

Non-housing expenditure: $30,547

Non-mortgage debt: $16,976

Average interest rate: 3.10%

Monthly mortgage repayments: $1,010

Required salary: $59,646

% required salary change from 2018: -5.23%

2018 Salary: $62,936

2018 Rank: 42

Image Credit: iStock/Mark Howard.

44. Lakeland, Florida

Home value: $183,228

Non-housing expenditure: $34,564

Non-mortgage debt: $18,011

Average interest rate: 2.99%

Monthly mortgage repayments: $617

Required salary: $59,981

% required salary change from 2018: -1.98%

2018 Salary: $61,192

2018 Rank: 49

Image Credit: Sean Pavone / iStock.

43. Dallas

Home value: $229,811

Non-housing expenditure: $33,606

Non-mortgage debt: $17,140

Average interest rate: 3.07%

Monthly mortgage repayments: $782

Required salary: $60,131

% required salary change from 2018: -0.77%

2018 Salary: $60,595

2018 Rank: 55

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42. Atlanta

Home value: $304,016

Non-housing expenditure: $30,985

Non-mortgage debt: $16,990

Average interest rate: 3.00%

Monthly mortgage repayments: $1,025

Required salary: $60,281

% required salary change from 2018: -2.68%

2018 Salary: $61,943

2018 Rank: 45

Image Credit: Deposit Photos.

41. Jacksonville, Florida

Home value: $200,448

Non-housing expenditure: $34,564

Non-mortgage debt: $18,011

Average interest rate: 2.99%

Monthly mortgage repayments: $675

Required salary: $60,678

% required salary change from 2018: -5.49%

2018 Salary: $64,202

2018 Rank: 34

Image Credit: iStock/Allen Allnoch.

40. Cincinnati

Home value: $171,720

Non-housing expenditure: $35,712

Non-mortgage debt: $18,464

Average interest rate: 3.03%

Monthly mortgage repayments: $581

Required salary: $61,153

% required salary change from 2018: 1.26%

2018 Salary: $60,392

2018 Rank: 43

Image Credit: Jason M. Hazard/istockphoto.

39. Charleston, South Carolina

Home value: $338,895

Non-housing expenditure: $29,681

Non-mortgage debt: $17,845

Average interest rate: 3.04%

Monthly mortgage repayments: $1,149

Required salary: $61,313

% required salary change from 2018: -6.85%

2018 Salary: $65,819

2018 Rank: 25

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38. Omaha, Nebraska

Home value: $199,981

Non-housing expenditure: $36,440

Non-mortgage debt: $16,769

Average interest rate: 3.07%

Monthly mortgage repayments: $681

Required salary: $61,376

% required salary change from 2018: -3.45%

2018 Salary: $63,570

2018 Rank: 31

Image Credit: Deposit Photos.

37. Columbus, Ohio

Home value: $178,452

Non-housing expenditure: $35,712

Non-mortgage debt: $18,464

Average interest rate: 3.03%

Monthly mortgage repayments: $604

Required salary: $61,426

% required salary change from 2018: -0.66%

2018 Salary: $61,833

2018 Rank: 39

Image Credit: DepositPhotos.com.

36. Tampa, Florida

Home value: $259,983

Non-housing expenditure: $34,564

Non-mortgage debt: $18,011

Average interest rate: 2.99%

Monthly mortgage repayments: $876

Required salary: $63,084

% required salary change from 2018: -3.00%

2018 Salary: $65,038

2018 Rank: 35

Image Credit: Deposit Photos.

35. Las Vegas

Home value: $293,024

Non-housing expenditure: $35,146

Non-mortgage debt: $16,573

Average interest rate: 2.75%

Monthly mortgage repayments: $957

Required salary: $63,203

% required salary change from 2018: 0.58%

2018 Salary: $62,840

2018 Rank: 53

Image Credit: Deposit Photos.

34. Orlando, Florida

Home value: $266,793

Non-housing expenditure: $34,564

Non-mortgage debt: $18,011

Average interest rate: 2.99%

Monthly mortgage repayments: $899

Required salary: $63,359

% required salary change from 2018: -3.69%

2018 Salary: $65,786

2018 Rank: 38

Image Credit: DepositPhotos.com.

33. Baltimore

Home value: $154,327

Non-housing expenditure: $37,411

Non-mortgage debt: $19,765

Average interest rate: 3.13%

Monthly mortgage repayments: $529

Required salary: $63,527

% required salary change from 2018: -6.10%

2018 Salary: $67,656

2018 Rank: 30

Image Credit: iStock/Sean Pavone.

32. Madison, Wisconsin

Home value: $292,893

Non-housing expenditure: $36,645

Non-mortgage debt: $16,219

Average interest rate: 3.17%

Monthly mortgage repayments: $1,009

Required salary: $64,979

% required salary change from 2018: -6.92%

2018 Salary: $69,806

2018 Rank: 32

Image Credit: DepositPhotos.com.

31. Bakersfield, California

Home value: $260,534

Non-housing expenditure: $38,156

Non-mortgage debt: $16,584

Average interest rate: 3.09%

Monthly mortgage repayments: $889

Required salary: $65,407

% required salary change from 2018: -1.39%

2018 Salary: $66,326

2018 Rank: 40

Image Credit: ChrisBoswell / iStock.

30. Fresno, California

Home value: $264,254

Non-housing expenditure: $38,156

Non-mortgage debt: $16,584

Average interest rate: 3.09%

Monthly mortgage repayments: $902

Required salary: $65,560

% required salary change from 2018: 0.21%

2018 Salary: $65,420

2018 Rank: 48

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29. Providence, Rhode Island

Home value: $252,505

Non-housing expenditure: $37,388

Non-mortgage debt: $18,166

Average interest rate: 2.98%

Monthly mortgage repayments: $849

Required salary: $65,749

% required salary change from 2018: -3.40%

2018 Salary: $68,060

2018 Rank: 27

Image Credit: iStock/Sean Pavone.

28. Richmond, Virginia

Home value: $250,742

Non-housing expenditure: $37,076

Non-mortgage debt: $19,367

Average interest rate: 3.01%

Monthly mortgage repayments: $847

Required salary: $66,604

% required salary change from 2018: -2.41%

2018 Salary: $68,249

2018 Rank: 33

Image Credit: DepositPhotos.com.

27. Chicago

Home value: $254,588

Non-housing expenditure: $38,407

Non-mortgage debt: $17,837

Average interest rate: 3.05%

Monthly mortgage repayments: $864

Required salary: $66,614

% required salary change from 2018: -2.94%

2018 Salary: $68,633

2018 Rank: 22

Image Credit: dibrova.

26. Allentown, Pennsylvania

Home value: $178,748

Non-housing expenditure: $38,742

Non-mortgage debt: $20,759

Average interest rate: 3.11%

Monthly mortgage repayments: $611

Required salary: $66,839

% required salary change from 2018: 2.99%

2018 Salary: $64,901

2018 Rank: 28

Image Credit: Ultima_Gaina / iStock.

25. Pittsburgh

Home value: $183,528

Non-housing expenditure: $38,742

Non-mortgage debt: $20,759

Average interest rate: 3.11%

Monthly mortgage repayments: $628

Required salary: $67,035

% required salary change from 2018: -0.12%

2018 Salary: $67,112

2018 Rank: 21

Image Credit: iStock/f11photo.

24. Syracuse, New York

Home value: $110,075

Non-housing expenditure: $44,958

Non-mortgage debt: $17,766

Average interest rate: 3.16%

Monthly mortgage repayments: $379

Required salary: $67,271

% required salary change from 2018: -1.47%

2018 Salary: $68,275

2018 Rank: 19

Image Credit: DepositPhotos.com.

23. Philadelphia

Home value: $194,759

Non-housing expenditure: $38,742

Non-mortgage debt: $20,759

Average interest rate: 3.11%

Monthly mortgage repayments: $666

Required salary: $67,496

% required salary change from 2018: 1.78%

2018 Salary: $66,314

2018 Rank: 23

Image Credit: DepositPhotos.com.

22. Austin, Texas

Home value: $416,836

Non-housing expenditure: $33,606

Non-mortgage debt: $17,140

Average interest rate: 3.07%

Monthly mortgage repayments: $1,419

Required salary: $67,769

% required salary change from 2018: N/A

2018 Salary: N/A

2018 Rank: N/A

Image Credit: RoschetzkyIstockPhoto / iStock.

21. Stockton, California

Home value: $320,520

Non-housing expenditure: $38,156

Non-mortgage debt: $16,584

Average interest rate: 3.09%

Monthly mortgage repayments: $1,094

Required salary: $67,863

% required salary change from 2018: -1.04%

2018 Salary: $68,575

2018 Rank: 36

Image Credit: LPS.1.

20. Virginia Beach, Virginia

Home value: $295,107

Non-housing expenditure: $37,076

Non-mortgage debt: $19,367

Average interest rate: 3.01%

Monthly mortgage repayments: $997

Required salary: $68,402

% required salary change from 2018: -3.42%

2018 Salary: $70,821

2018 Rank: 18

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19. Spokane, Washington

Home value: $270,394

Non-housing expenditure: $38,699

Non-mortgage debt: $18,709

Average interest rate: 3.09%

Monthly mortgage repayments: $923

Required salary: $68,478

% required salary change from 2018: 0.88%

2018 Salary: $67,884

2018 Rank: 29

Image Credit: ChrisBoswell / iStock.

18. Hartford, Connecticut

Home value: $123,079

Non-housing expenditure: $43,721

Non-mortgage debt: $20,157

Average interest rate: 3.08%

Monthly mortgage repayments: $419

Required salary: $68,911

% required salary change from 2018: -3.80%

2018 Salary: $71,635

2018 Rank: 17

Image Credit: DepositPhotos.com.

17. Sacramento, California

Home value: $361,593

Non-housing expenditure: $38,156

Non-mortgage debt: $16,584

Average interest rate: 3.09%

Monthly mortgage repayments: $1,234

Required salary: $69,545

% required salary change from 2018: -3.83%

2018 Salary: $72,311

2018 Rank: 20

Image Credit: Manny Chavez / iStock.

16. Colorado Springs, Colorado

Home value: $335,584

Non-housing expenditure: $36,530

Non-mortgage debt: $19,634

Average interest rate: 3.04%

Monthly mortgage repayments: $1,138

Required salary: $69,816

% required salary change from 2018: -5.58%

2018 Salary: $73,942

2018 Rank: 11

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15. Albany, New York

Home value: $189,103

Non-housing expenditure: $44,958

Non-mortgage debt: $17,766

Average interest rate: 3.16%

Monthly mortgage repayments: $651

Required salary: $70,535

% required salary change from 2018: -3.79%

2018 Salary: $73,310

2018 Rank: 12

Image Credit: DepositPhotos.com.

14. New Haven, Connecticut

Home value: $195,585

Non-housing expenditure: $43,721

Non-mortgage debt: $20,157

Average interest rate: 3.08%

Monthly mortgage repayments: $666

Required salary: $71,875

% required salary change from 2018: -1.53%

2018 Salary: $72,991

2018 Rank: 15

Image Credit: iStock.

13. Portland, Oregon

Home value: $474,591

Non-housing expenditure: $35,506

Non-mortgage debt: $17,301

Average interest rate: 3.07%

Monthly mortgage repayments: $1,615

Required salary: $72,187

% required salary change from 2018: -4.77%

2018 Salary: $75,801

2018 Rank: 13

Image Credit: JPLDesigns / iStock.

12. Riverside, California

Home value: $435,830

Non-housing expenditure: $38,156

Non-mortgage debt: $16,584

Average interest rate: 3.09%

Monthly mortgage repayments: $1,487

Required salary: $72,584

% required salary change from 2018: -3.20%

2018 Salary: $74,986

2018 Rank: 16

Image Credit: iStock/Tim Gray.

11. Springfield, Massachusetts

Home value: $183,979

Non-housing expenditure: $46,442

Non-mortgage debt: $19,696

Average interest rate: 3.10%

Monthly mortgage repayments: $628

Required salary: $73,680

% required salary change from 2018: 1.66%

2018 Salary: $72,479

2018 Rank: 14

Image Credit: Sean Pavone / iStock.

10. Denver

Home value: $469,561

Non-housing expenditure: $36,530

Non-mortgage debt: $19,634

Average interest rate: 3.04%

Monthly mortgage repayments: $1,592

Required salary: $75,266

% required salary change from 2018: -6.03%

2018 Salary: $80,097

2018 Rank: 10

Image Credit: DepositPhotos.com.

9. Worcester, Massachusetts

Home value: $276,099

Non-housing expenditure: $46,442

Non-mortgage debt: $19,696

Average interest rate: 3.10%

Monthly mortgage repayments: $943

Required salary: $77,457

% required salary change from 2018: -3.51%

2018 Salary: $80,277

2018 Rank: 9

Image Credit: DepositPhotos.com.

8. Boston

Home value: $647,392

Non-housing expenditure: $46,442

Non-mortgage debt: $19,696

Average interest rate: 3.10%

Monthly mortgage repayments: $2,212

Required salary: $94,782

% required salary change from 2018: -2.74%

2018 Salary: $97,450

2018 Rank: 6

Image Credit: DepositPhotos.com.

7. New York

Home value: $653,787

Non-housing expenditure: $44,958

Non-mortgage debt: $17,766

Average interest rate: 3.16%

Monthly mortgage repayments: $2,251

Required salary: $96,450

% required salary change from 2018: -4.01%

2018 Salary: $100,479

2018 Rank: 5

Image Credit: DepositPhotos.com.

6. Washington, D.C.

Home value: $629,184

Non-housing expenditure: $53,490

Non-mortgage debt: $17,736

Average interest rate: 3.04%

Monthly mortgage repayments: $2,133

Required salary: $96,822

% required salary change from 2018: -5.97%

2018 Salary: $102,974

2018 Rank: 3

Image Credit: dkfielding.

5. San Diego

Home value: $690,901

Non-housing expenditure: $38,156

Non-mortgage debt: $16,584

Average interest rate: 3.09%

Monthly mortgage repayments: $2,357

Required salary: $101,023

% required salary change from 2018: -2.86%

2018 Salary: $103,999

2018 Rank: 8

Image Credit: DepositPhotos.com.

4. Los Angeles

Home value: $752,193

Non-housing expenditure: $38,156

Non-mortgage debt: $16,584

Average interest rate: 3.09%

Monthly mortgage repayments: $2,566

Required salary: $109,985

% required salary change from 2018: -1.94%

2018 Salary: $112,163

2018 Rank: 4

Image Credit: DepositPhotos.com.

3. Seattle

Home value: $769,873

Non-housing expenditure: $38,699

Non-mortgage debt: $18,709

Average interest rate: 3.09%

Monthly mortgage repayments: $2,627

Required salary: $112,570

% required salary change from 2018: -11.83%

2018 Salary: $127,678

2018 Rank: 7

Image Credit: Credit: aiisha5 / iStock.

2. San Jose, California

Home value: $1,036,929

Non-housing expenditure: $38,156

Non-mortgage debt: $16,584

Average interest rate: 3.09%

Monthly mortgage repayments: $3,538

Required salary: $151,619

% required salary change from 2018: -15.59%

2018 Salary: $179,616

2018 Rank: 2

Image Credit: DepositPhotos.com.

1. San Francisco

Home value: $1,414,037

Non-housing expenditure: $38,156

Non-mortgage debt: $16,584

Average interest rate: 3.09%

Monthly mortgage repayments: $4,824

Required salary: $206,760

% required salary change from 2018: -6.84%

2018 Salary: $221,931

2018 Rank: 1

This article originally appeared on Finder.com and was syndicated by MediaFeed.org.

Image Credit: DepositPhotos.com.

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