CNBC made a list showing salaries needed to own a home in various cities

[UberEatsDriver]

The salary you need to buy a house in 10 of the largest cities in the US

10. Portland
Annual salary required: $83,522.03
Median home price: $415,300
Monthly payment: $1,948.85

9. Denver
Annual salary required: $90,389.26
Median home price: $471,400
Monthly payment: $2,109.08

8. Washington D.C.
Annual salary required: $94,448.22
Median home price: $456,500
Monthly payment: $2,203.79

7. New York City
Annual salary required: $102,237.58
Median home price: $420,800
Monthly payment: $2,385.54

6. Seattle
Annual salary required: $106,618.90
Median home price: $542,700
Monthly payment: $2,487.77

5. Boston
Annual salary required: $107,379.75
Median home price: $506,700
Monthly payment: $2,505.53

4. Los Angeles
Annual salary required: $111,749.70
Median home price: $567,000
Monthly payment: $2,607.49


3. San Diego
Annual salary required: $127,292.88
Median home price: $655,000
Monthly payment: $2,970.17

2. San Francisco
Annual salary required: $201,430.63
Median home price: $1,050,000
Monthly payment: $4,700.05

1. San Jose
Annual salary required: $249,884.51
Median home price: $1,330,000
Monthly payment: $5,830.64

The salary you need to buy a house in 10 of the largest cities in the US

 

[UberEatsDriver]

I always see Coli posters posting that someone needs 200K - 300K or so to live in NYC, LA or DC

Looks like that myth has been exposed and that some of you might be entitled brats who are just very bad with money.

 

[Swirv]

Buy a multi, these single families ain’t nothing but money drainers.

 

[UberEatsDriver]

Buy a multi, these single families ain’t nothing but money drainers.

Yea I want me a multi. I’m not a fan of single families at all actually!

 

[PaperEnterprise]

I always see Coli posters posting that someone needs 200K - 300K or so to live in NYC, LA or DC

Looks like that myth has been exposed and that some of you might be entitled brats who are just very bad with money.

If u want your children to go to schools that are rated 2.

 

[Deflatedhoopdreams]

 

[Scustin Bieburr]

U.S Bureau of the Census has the annual median personal income at $31,099 in 2016.[3] Inflation-adjusted ("real") per-capita disposable personal income rose steadily in the U.S. from 1945 to 2008, but has since remained generally level.[4][5]
Personal income in the United States - Wikipedia

 

[-DMP-]

Yea I really wanna live in LA but that COL keep my ass in the south frfr.

 

[IsThatBrothaMouzone?]

This looks like the baseline minimum, like you CAN afford the house but not necessarily comfortably.

 

[Double Burger With Cheese]

I always see Coli posters posting that someone needs 200K - 300K or so to live in NYC, LA or DC

Looks like that myth has been exposed and that some of you might be entitled brats who are just very bad with money.

Well, living comfortably is extremely subjective.

For a single person in Atlanta. If you trying to live in a decent spot and live a decent lifestyle, you’re gonna need like 80k minimum.

I got fam in DC and my homeboy just moved up there like 2 years ago. He makes like 100k. He moved up there from Florida. He just told me he’s trying to get back to Florida cause the housing and cost of living in DC is ridiculous. So from his standpoint, he probably needs like 200k to be comfortable up there. He has a wife and two kids. Said he don’t get no bang for his buck up there.

 

[Obreh Winfrey]

 

[Scustin Bieburr]

Well, living comfortably is extremely subjective.

For a single person in Atlanta. If you trying to live in a decent spot and live a decent lifestyle, you’re gonna need like 80k minimum.

I got fam in DC and my homeboy just moved up there like 2 years ago. He makes like 100k. He moved up there from Florida. He just told me he’s trying to get back to Florida cause the housing and cost of living in DC is ridiculous. So from his standpoint, he probably needs like 200k to be comfortable up there. He has a wife and two kids. Said he don’t get no bang for his buck up there.

At a certain point you really gotta ask yourself if it's even worth it. People are out here spending thousands to live in shoe closets with basically nothing left over to even enjoy the city's attractions

 

[BigMoneyGrip]

Top 4 smoking crack.....

I’m in NYC... I’m on pace to cover $210 in salary by the end of the year and my mortgage is $1800 a month.. feel sorry for those out here renting for $2500 a month, fukk all that

 

[Deflatedhoopdreams]

This looks like the baseline minimum, like you CAN afford the house but not necessarily comfortably.

why would you want to live in a house that you can’t afford comfortably. This was part of the problem with the last housing crisis.

 

[West Coast Avenger]

6. Seattle
Annual salary required: $106,618.90

Good thing I make more than that........