What is the average home price in each state?

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Buying a home is one of the most important milestones someone might make in their adult life – and it can be one of the most expensive. Besides initial home prices, the homeowner has to contend with heating and cooling costs, regular maintenance, and sometimes unexpected repairs. Therefore, having a little wiggle room in the budget can be critical to owning a home and not having the home own you.

But is it possible to create that wiggle room where you live, or is the cost of the average home too close to the average income? We explore both, gleaning data from Zillow on the average price of a three-bedroom home as of March 2017, and the Bureau of Labor Statistics’ May 2018 occupational employment and wage estimates. Read on to see how your state fares compared to the rest.

(Louisiana, Maryland, and Vermont are missing from this list. There was not enough home value data for this time frame to include them.)

Image Credit: gorodenkoff / iStock.

48. West Virginia

What is the average home price in each state?

  • Cost of a three-bedroom home: $104,200
  • Annual Mean Wage: $42,370
  • The average three-bedroom home costs 2.46 times the annual mean wage

Image Credit: DepositPhotos.com.

47. Oklahoma

What is the average home price in each state?

  • Cost of a three-bedroom home: $115,600
  • Annual Mean Wage: $44,220
  • The average three-bedroom home costs 2.61 times the annual mean wage

Image Credit: DepositPhotos.com.

46. Alabama

What is the average home price in each state?

  • Cost of a three-bedroom home: $119,300
  • Annual Mean Wage: $43,790
  • The average three-bedroom home costs 2.72 times the annual mean wage

Image Credit: RobHainer/istockphoto.

45. Mississippi

What is the average home price in each state?

  • Cost of a three-bedroom home: $119,900
  • Annual Mean Wage: $39,420
  • The average three-bedroom home costs 3.04 times the annual mean wage

Image Credit: stevegeer.

44. Ohio

What is the average home price in each state?

  • Cost of a three-bedroom home: $121,400
  • Annual Mean Wage: $48,220
  • The average three-bedroom home costs 2.52 times the annual mean wage

Image Credit: Courtesy of Six Acres Bed & Breakfast.

43. Indiana

What is the average home price in each state?

  • Cost of a three-bedroom home: $125,800
  • Annual Mean Wage: $45,290
  • The average three-bedroom home costs 2.78 times the annual mean wage

Image Credit: ChrisBoswell / iStock.

42. Kansas

What is the average home price in each state?

  • Cost of a three-bedroom home: $130,600
  • Annual Mean Wage: $45,280
  • The average three-bedroom home costs 2.88 times the annual mean wage

Image Credit: Atchison, Kansas by Tim Kiser (CC BY).

41. Kentucky

What is the average home price in each state?

  • Cost of a three-bedroom home: $132,500
  • Annual Mean Wage: $43,210
  • The average three-bedroom home costs 3.07 times the annual mean wage

Image Credit: Jacqueline Nix / iStock.

40. Arkansas

What is the average home price in each state?

  • Cost of a three-bedroom home: $137,200
  • Annual Mean Wage: $41,540
  • The average three-bedroom home costs 3.30 times the annual mean wage

Image Credit: BlazenImages/istockphoto.

39. Arizona

What is the average home price in each state?

  • Cost of a three-bedroom home: $141,100
  • Annual Mean Wage: $49,290
  • The average three-bedroom home costs 2.86 times the annual mean wage

Image Credit: Courtesy of vrbo.com.

38. Georgia

What is the average home price in each state?

  • Cost of a three-bedroom home: $142,800
  • Annual Mean Wage: $48,280
  • The average three-bedroom home costs 2.96 times the annual mean wage

Image Credit: Sean Pavone/istockphoto.

37. Missouri

What is the average home price in each state?

  • Cost of a three-bedroom home: $146,500
  • Annual Mean Wage: $46,460
  • The average three-bedroom home costs 3.15 times the annual mean wage

Image Credit: DepositPhotos.com.

36. Iowa

What is the average home price in each state?

  • Cost of a three-bedroom home: $147,400
  • Annual Mean Wage: $46,150
  • The average three-bedroom home costs 3.19 times the annual mean wage

Image Credit: DepositPhotos.com.

35. North Carolina

What is the average home price in each state?

  • Cost of a three-bedroom home: $150,700
  • Annual Mean Wage: $47,200
  • The average three-bedroom home costs 3.19 times the annual mean wage

Image Credit: Sean Pavone/istockphoto.

34. South Carolina

What is the average home price in each state?

  • Cost of a three-bedroom home: $150,900
  • Annual Mean Wage: $43,210
  • The average three-bedroom home costs 3.49 times the annual mean wage

Image Credit: f11photo/shutterstock.

33. Nebraska

What is the average home price in each state?

  • Cost of a three-bedroom home: $151,300
  • Annual Mean Wage: $46,710
  • The average three-bedroom home costs 3.24 times the annual mean wage

Image Credit: Courtesy of wikimedia.org.

32. New York

What is the average home price in each state?

  • Cost of a three-bedroom home: $152,800
  • Annual Mean Wage: $61,870
  • The average three-bedroom home costs 2.47 times the annual mean wage

Image Credit: DenisTangneyJr/istockphoto.

31. Texas

What is the average home price in each state?

  • Cost of a three-bedroom home: $152,900
  • Annual Mean Wage: $49,720
  • The average three-bedroom home costs 3.08 times the annual mean wage

Image Credit: iStock.

30. Pennsylvania

What is the average home price in each state?

  • Cost of a three-bedroom home: $154,500
  • Annual Mean Wage: $50,030
  • The average three-bedroom home costs 3.09 times the annual mean wage

Image Credit: Pottsville, PA by JasonParis (CC BY).

29. Tennessee

What is the average home price in each state?

  • Cost of a three-bedroom home: $155,100
  • Annual Mean Wage: $44,660
  • The average three-bedroom home costs 3.47 times the annual mean wage

Image Credit: Swarmcatcher.

28. Michigan

What is the average home price in each state?

  • Cost of a three-bedroom home: $162,100
  • Annual Mean Wage: $49,510
  • The average three-bedroom home costs 3.27 times the annual mean wage

Image Credit: Zillow.com.

27. Illinois

What is the average home price in each state?

  • Cost of a three-bedroom home: $171,400
  • Annual Mean Wage: $53,790
  • The average three-bedroom home costs 3.19 times the annual mean wage

Image Credit: IanDikhtiar.

26. South Dakota

What is the average home price in each state?

  • Cost of a three-bedroom home: $171,500
  • Annual Mean Wage: $41,800
  • The average three-bedroom home costs 4.10 times the annual mean wage

Image Credit: SiouxCityStPaticksDayParade/facebook.com.

25. Wisconsin

What is the average home price in each state?

  • Cost of a three-bedroom home: $172,500
  • Annual Mean Wage: $47,350
  • The average three-bedroom home costs 3.64 times the annual mean wage

Image Credit: goodneighborcity/facebook.com.

24. New Mexico

What is the average home price in each state?

  • Cost of a three-bedroom home: $184,200
  • Annual Mean Wage: $45,400
  • The average three-bedroom home costs 4.06 times the annual mean wage

Image Credit: Courtesy of Sante Fe Indian Market Website.

23. Idaho

What is the average home price in each state?

  • Cost of a three-bedroom home: $196,600
  • Annual Mean Wage: $43,480
  • The average three-bedroom home costs 4.52 times the annual mean wage

Image Credit: knowlesgallery/istockphoto.

22. Florida

What is the average home price in each state?

  • Cost of a three-bedroom home: $201,000
  • Annual Mean Wage: $46,010
  • The average three-bedroom home costs 4.37 times the annual mean wage

Image Credit: DepositPhotos.com.

21. Virginia

What is the average home price in each state?

  • Cost of a three-bedroom home: $209,900
  • Annual Mean Wage: $55,310
  • The average three-bedroom home costs 3.79 times the annual mean wage

Image Credit: Sean Pavone / iStock.

20. Delaware

What is the average home price in each state?

  • Cost of a three-bedroom home: $210,100
  • Annual Mean Wage: $53,320
  • The average three-bedroom home costs 3.94 times the annual mean wage

Image Credit: DenisTangneyJr/istockphoto.

19. Minnesota

What is the average home price in each state?

  • Cost of a three-bedroom home: $214,800
  • Annual Mean Wage: $54,200
  • The average three-bedroom home costs 3.96 times the annual mean wage

Image Credit: depositphotos.com.

18. Montana

What is the average home price in each state?

  • Cost of a three-bedroom home: $219,100
  • Annual Mean Wage: $43,860
  • The average three-bedroom home costs 5.00 times the annual mean wage

Image Credit: DianeBentleyRaymond/istockphoto.

17. Maine

What is the average home price in each state?

  • Cost of a three-bedroom home: $221,400
  • Annual Mean Wage: $46,810
  • The average three-bedroom home costs 4.73 times the annual mean wage

Image Credit: iStock.

16. North Dakota

What is the average home price in each state?

  • Cost of a three-bedroom home: $222,600
  • Annual Mean Wage: $49,620
  • The average three-bedroom home costs 4.49 times the annual mean wage

Image Credit: Courtesy of tripadvisor.com.

15. Connecticut

What is the average home price in each state?

  • Cost of a three-bedroom home: $224,000
  • Annual Mean Wage: $60,780
  • The average three-bedroom home costs 3.69 times the annual mean wage

Image Credit: Zillow.com.

14. Wyoming

What is the average home price in each state?

  • Cost of a three-bedroom home: $225,200
  • Annual Mean Wage: $48,630
  • The average three-bedroom home costs 4.63 times the annual mean wage

Image Credit: AnujSahaiPhotography.

13. Nevada

What is the average home price in each state?

  • Cost of a three-bedroom home: $226,100
  • Annual Mean Wage: $46,170
  • The average three-bedroom home costs 4.90 times the annual mean wage

Image Credit: Getty.

12. Rhode Island

What is the average home price in each state?

  • Cost of a three-bedroom home: $249,200
  • Annual Mean Wage: $54,810
  • The average three-bedroom home costs 4.55 times the annual mean wage

Image Credit: ThomHartwick / iStock.

11. New Hampshire

What is the average home price in each state?

  • Cost of a three-bedroom home: $253,500
  • Annual Mean Wage: $52,350
  • The average three-bedroom home costs 4.84 times the annual mean wage

Image Credit: DenisTangneyJr.

10. Utah

What is the average home price in each state?

  • Cost of a three-bedroom home: $262,500
  • Annual Mean Wage: $47,920
  • The average three-bedroom home costs 5.48 times the annual mean wage

Image Credit: ” 4kodiak”.

9. Oregon

What is the average home price in each state?

  • Cost of a three-bedroom home: $298,400
  • Annual Mean Wage: $52,000
  • The average three-bedroom home costs 5.74 times the annual mean wage

Image Credit: DepositPhotos.com.

8. Alaska

What is the average home price in each state?

  • Cost of a three-bedroom home: $316,800
  • Annual Mean Wage: $58,710
  • The average three-bedroom home costs 5.40 times the annual mean wage

Image Credit: Chilkoot/istockphoto.

7. Washington

What is the average home price in each state?

  • Cost of a three-bedroom home: $324,400
  • Annual Mean Wage: $59,410
  • The average three-bedroom home costs 5.46 times the annual mean wage

Image Credit: iStock.

6. New Jersey

What is the average home price in each state?

  • Cost of a three-bedroom home: $343,400
  • Annual Mean Wage: $58,210
  • The average three-bedroom home costs 5.90 times the annual mean wage

Image Credit: DepositPhotos.com.

5. Massachusetts

What is the average home price in each state?

  • Cost of a three-bedroom home: $349,300
  • Annual Mean Wage: $63,910
  • The average three-bedroom home costs 5.47 times the annual mean wage

Image Credit: DepositPhotos.com.

4. Colorado

What is the average home price in each state?

  • Cost of a three-bedroom home: $329,900
  • Annual Mean Wage: $55,820
  • The average three-bedroom home costs 5.91 times the annual mean wage

Image Credit: arinahabich / iStock.

3. California

What is the average home price in each state?

  • Cost of a three-bedroom home: $467,500
  • Annual Mean Wage: $59,150
  • The average three-bedroom home costs 7.90 times the annual mean wage

Image Credit: DepositPhotos.com.

2. District of Columbia

What is the average home price in each state?

  • Cost of a three-bedroom home: $581,800
  • Annual Mean Wage: $87,920
  • The average three-bedroom home costs 6.62 times the annual mean wage

Image Credit: iStock.

1. Hawaii

What is the average home price in each state?

  • Cost of a three-bedroom home: $605,800
  • Annual Mean Wage: $52,900
  • The average three-bedroom home costs 11.45 times the annual mean wage

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

Image Credit: Courtesy of airbnb.com.

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