Salary and Housing Prices

How high does your salary need to be to comfortably buy a house in your city?  In LA, it looks like you need to be making $92,091.89.  The mortgage database HSH put together this map that analyzes the salary needed to buy a home in different parts of the country.  The map is based on the median home prices in metro areas including the surrounding suburbs, and assumes you will have a 30 year fixed rate mortgage with a 20 percent down payment and be able to afford the base cost of owning a home (principal, interest, taxes, and insurance).

Forget about food if you buy in San Francisco!


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