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What You Need to Earn to Live in the Cheapest and Priciest Metros

Home Consumer
By Zoe Eisenberg
September 19, 2017, 4 pm
Reading Time: 2 mins read
What You Need to Earn to Live in the Cheapest and Priciest Metros

Beautiful white color single family home in Phoenix, Arizona USA with big green grass yard, large tree and roses

Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com:

  • 4 Real Estate Deal-Breakers and How to Fix Them Efficiently
  • Live in a Loud Area? Here’s How to Reduce Sound Inside Your Home
  • Fall Maintenance for Your Rental Properties

Ever wonder how much bacon you need to bring in to live comfortably in some of our country’s largest metros? HSH.com recently revealed the salaries needed to live in a median-priced home in 50 of the hottest areas of the U.S., and the numbers may surprise you. While the national average of median home prices cost $255,600, requiring a salary of just over $56,000, the salary difference between the least expensive and the most expensive is nearly $200,000 (!!).

5 Least Expensive Metros

  • Pittsburgh: $35,329.29
  • Cleveland: $36,553.26
  • Indianapolis: $37,429.34
  • Oklahoma City: $37,854.04
  • Memphis: $37,964.05

5 Most Expensive Metros

  • San Jose: $221,363.63
  • San Francisco: $181,341.49
  • San Diego: $116,875.11
  • Los Angeles: $101,531.66
  • New York City: $99,136.79

It’s no real surprise that four of the five priciest metros are all in the state of California. Get the full results from HSH.com.

Zoe Eisenberg is RISMedia’s senior content editor. Email her your real estate news ideas at zoe@rismedia.com.

For the latest real estate news and trends, bookmark RISMedia.com.

Tags: Costs of LivingHousing CostsHSH.comLeast Expensive Housing MarketsMost Expensive Housing Marketsreal estate newsRISMedia's HousecallTop Housing Markets
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