New York City is a distant fifth
By Michael Messina
The mortgage website HSH.com recently put some numbers together on how much dough Americans need to earn in order to buy a home (aka median home price) in their respective cities. San Francisco has become the most expensive place to settle down in the U.S., far and above every other city. Surprisingly New York City is not #2. That distinction belongs to “America’s Finest City,” San Diego.
Income inequality has been taking its toll on this country for a while now. Labor 411 seeks to reduce the hardship of supporting a middle class life in America. Can you afford a home in your town? Read the full breakdown of HSH’s calculations here.
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