Here's the Salary Needed to Afford a Home in The 15 Largest Cities.

CNBC posted an article showing the salary you would need to afford a home in the 15 largest cities. Four California cities made the top 5. The crazy part of the list is the difference between #1 and #15. See for yourself below! 

1. San Francisco – The median home will cost you $3,858 per month in total monthly payments and you would need a salary of about $128,600 to afford it.

2. San Jose -  The monthly home payments in San Jose are around $3,000 and you would need a salary of about $99,963 to afford it.

3. New York City - The average home will cost you $2,910 per month in total monthly payments and you would need a salary of about $99,963 to afford it.

4. Los Angeles - The monthly home payments for LA  are around $2,317 and you would need a salary of about $77,000 to afford it.

5. San Diego - The monthly home payments in San Diego are around $2,274 and you would need a salary of about $75,816 to afford it.

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15.  Indianapolis - The monthly home payments in Indianapolis are around $609 and you would need a salary of about $20,294 to afford it.

See the full list here.

-Bob & Coe

Coe Lewis

Coe Lewis

Classic Rock Radio Afternoons with Coe Lewis! Get her official bio, social pages & articles on KGB-FM Read more

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