Are you ready for this? Turns out New York City is not the priciest city in the United States to live. Not even in the top three!
Whether you're a homeowner considering packing your bags for a brand new city, or are inching ever-so-cautiously towards making the plunge into home ownership, you're going to want to pay attention. HSH.com, the nation's largest publisher of mortgage and consumer loan information, has just released a study that explores just how much it really will cost you to buy a medium-sized home in the United States in various metro areas, and the results are quite illuminating.
The study found that, as you may have guessed, the financial requirements for owning a home in metropolitan centers have been on the rise, with prices up a full 25 percent over the past three years on average. So how much does your salary need to be if you want to buy a home in Los Angeles or New York City? What about Atlanta, Baltimore, or Seattle? Read below to find out.
- Pittsburgh: $31,716.32 annual salary
- Atlanta: $35,800.11 annual salary
- Baltimore: $52,661.96 annual salary
- Chicago: $54,346.62 annual salary
- Portland: $60,603.50 annual salary
- Denver: $61,642.15 annual salary
- Seattle: $72,844.31 annual salary
- Washington, D.C.: $77,394.82 annual salary
- New York City: $87,535.60 annual salary
- Los Angeles: $89,664.86 annual salary
- San Diego: $95,432.68 annual salary
- San Francisco: $142,448.33 annual salary
Is your city not listed here? Head over to HSN.com to find the stats on your hometown.
Did any of these figures surprise you? Share your thoughts below!