Can you afford to buy a home? That probably depends on where you live and how much you earn.
To see how housing costs vary by location across the U.S., CNBC Make It identified the qualifying income needed to purchase a home in 11 major cities with a 10% or 20% down payment, based on data from the National Association of Realtors' Metropolitan Median Area Prices and Affordability index from the second quarter of 2019.
The data assumes a 4.1% mortgage rate for all areas and a monthly principal and interest payment limited to 25% of a resident's income.
Below, check out the income you need to afford a home in 11 major U.S. cities, ranked from lowest median home price to highest.
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