Yahoo Finance How Much House Can You Afford in These 96 Popular Cities
Location, location, location. Where we live plays a significant role in how we live, particularly regarding finances. We may not reside in a city merely because we enjoy what it offers in terms of culture, pastimes and cost of living, or even because our friends and family are there. We often determine where we’ll dwell based on what we can afford, whether we’re just out of college, working with a family or retired.
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Cities come in all sizes, with some being more popular than others. How much does it cost to live in the most popular cities in the U.S.? GOBankingRates analyzed 96 of the largest cities in the United States to find how much house you can afford.
GOBankingRates found the largest cities by population as sourced from the US Census American Community Survey, along with median household income and, among other data points, the average annual total costs for a 1 bedroom, 2 bedroom, 3 bedroom, 4 bedroom and 5+ bedroom home.
Cities are grouped by their state, and states are listed alphabetically:
Anchorage
Total population: 290,674
Household median income: $95,731
1-bedroom average annual total cost of living: $40,997
2-bedroom average annual total cost of living: $46,957
3-bedroom average annual total cost of living: $56,209
4-bedroom average annual total cost of living: $64,057
5-bedroom average annual total cost of living: $71,732
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Scottsdale, Arizona
Total population: 240,537
Household median income: $104,197
1-bedroom average annual total cost of living: $44,930
2-bedroom average annual total cost of living: $57,950
3-bedroom average annual total cost of living: $82,708
4-bedroom average annual total cost of living: $117,456
5-bedroom average annual total cost of living: $167,321
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Chandler, Arizona
Total population: 275,618
Household median income: $99,374
1-bedroom average annual total cost of living: $42,992
2-bedroom average annual total cost of living: $52,819
3-bedroom average annual total cost of living: $58,975
4-bedroom average annual total cost of living: $69,895
5-bedroom average annual total cost of living: $84,497
Phoenix
Total population: 1,609,456
Household median income: $72,092
1-bedroom average annual total cost of living: $42,315
2-bedroom average annual total cost of living: $47,774
3-bedroom average annual total cost of living: $54,288
4-bedroom average annual total cost of living: $62,984
5-bedroom average annual total cost of living: $79,452
Mesa, Arizona
Total population: 503,390
Household median income: $73,766
1-bedroom average annual total cost of living: $39,192
2-bedroom average annual total cost of living: $47,583
3-bedroom average annual total cost of living: $54,591
4-bedroom average annual total cost of living: $62,511
5-bedroom average annual total cost of living: $75,911
Glendale, Arizona
Total population: 248,083
Household median income: $66,375
1-bedroom average annual total cost of living: $38,268
2-bedroom average annual total cost of living: $43,798
3-bedroom average annual total cost of living: $52,657
4-bedroom average annual total cost of living: $58,180
5-bedroom average annual total cost of living: $68,581
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Tucson, Arizona
Total population: 541,033
Household median income: $52,049
1-bedroom average annual total cost of living: $36,625
2-bedroom average annual total cost of living: $41,954
3-bedroom average annual total cost of living: $46,500
4-bedroom average annual total cost of living: $51,991
5-bedroom average annual total cost of living: $65,263
San Francisco
Total population: 851,036
Household median income: $136,689
1-bedroom average annual total cost of living: $85,355
2-bedroom average annual total cost of living: $117,683
3-bedroom average annual total cost of living: $143,966
4-bedroom average annual total cost of living: $172,002
5-bedroom average annual total cost of living: $202,722
Irvine, California
Total population: 304,527
Household median income: $122,948
1-bedroom average annual total cost of living: $75,028
2-bedroom average annual total cost of living: $98,634
3-bedroom average annual total cost of living: $127,842
4-bedroom average annual total cost of living: $170,144
5-bedroom average annual total cost of living: $235,441
San Jose, California
Total population: 1,001,176
Household median income: $136,010
1-bedroom average annual total cost of living: $74,465
2-bedroom average annual total cost of living: $93,492
3-bedroom average annual total cost of living: $131,561
4-bedroom average annual total cost of living: $154,426
5-bedroom average annual total cost of living: $184,931
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Los Angeles
Total population: 3,881,041
Household median income: $76,244
1-bedroom average annual total cost of living: $67,969
2-bedroom average annual total cost of living: $82,881
3-bedroom average annual total cost of living: $95,527
4-bedroom average annual total cost of living: $113,488
5-bedroom average annual total cost of living: $172,252
San Diego
Total population: 1,383,987
Household median income: $98,657
1-bedroom average annual total cost of living: $65,934
2-bedroom average annual total cost of living: $83,962
3-bedroom average annual total cost of living: $104,088
4-bedroom average annual total cost of living: $126,644
5-bedroom average annual total cost of living: $172,262
Fremont, California
Total population: 228,795
Household median income: $169,023
1-bedroom average annual total cost of living: $64,712
2-bedroom average annual total cost of living: $85,498
3-bedroom average annual total cost of living: $134,383
4-bedroom average annual total cost of living: $165,857
5-bedroom average annual total cost of living: $219,297
Anaheim, California
Total population: 347,111
Household median income: $88,538
1-bedroom average annual total cost of living: $64,919
2-bedroom average annual total cost of living: $75,817
3-bedroom average annual total cost of living: $91,659
4-bedroom average annual total cost of living: $101,378
5-bedroom average annual total cost of living: $121,666
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Oakland, California
Total population: 437,825
Household median income: $94,389
1-bedroom average annual total cost of living: $64,915
2-bedroom average annual total cost of living: $78,244
3-bedroom average annual total cost of living: $99,264
4-bedroom average annual total cost of living: $128,376
5-bedroom average annual total cost of living: $138,632
Long Beach, California
Total population: 462,293
Household median income: $78,995
1-bedroom average annual total cost of living: $59,092
2-bedroom average annual total cost of living: $75,862
3-bedroom average annual total cost of living: $94,415
4-bedroom average annual total cost of living: $106,823
5-bedroom average annual total cost of living: $120,965
Chula Vista, California
Total population: 276,103
Household median income: $101,984
1-bedroom average annual total cost of living: $58,640
2-bedroom average annual total cost of living: $71,637
3-bedroom average annual total cost of living: $84,527
4-bedroom average annual total cost of living: $98,236
5-bedroom average annual total cost of living: $113,829
Santa Ana, California
Total population: 311,379
Household median income: $84,210
1-bedroom average annual total cost of living: $57,240
2-bedroom average annual total cost of living: $71,505
3-bedroom average annual total cost of living: $87,749
4-bedroom average annual total cost of living: $96,387
5-bedroom average annual total cost of living: $103,681
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Riverside, California
Total population: 316,076
Household median income: $83,448
1-bedroom average annual total cost of living: $50,322
2-bedroom average annual total cost of living: $59,745
3-bedroom average annual total cost of living: $67,371
4-bedroom average annual total cost of living: $75,910
5-bedroom average annual total cost of living: $87,683
Sacramento
Total population: 523,600
Household median income: $78,954
1-bedroom average annual total cost of living: $51,988
2-bedroom average annual total cost of living: $56,845
3-bedroom average annual total cost of living: $59,904
4-bedroom average annual total cost of living: $66,415
5-bedroom average annual total cost of living: $76,640
Stockton, California
Total population: 320,030
Household median income: $71,612
1-bedroom average annual total cost of living: $42,081
2-bedroom average annual total cost of living: $48,790
3-bedroom average annual total cost of living: $56,315
4-bedroom average annual total cost of living: $62,822
5-bedroom average annual total cost of living: $68,395
Fresno, California
Total population: 541,528
Household median income: $63,001
1-bedroom average annual total cost of living: $38,284
2-bedroom average annual total cost of living: $43,458
3-bedroom average annual total cost of living: $51,647
4-bedroom average annual total cost of living: $59,771
5-bedroom average annual total cost of living: $66,504
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Bakersfield, California
Total population: 404,321
Household median income: $73,827
1-bedroom average annual total cost of living: $37,198
2-bedroom average annual total cost of living: $42,166
3-bedroom average annual total cost of living: $49,886
4-bedroom average annual total cost of living: $57,075
5-bedroom average annual total cost of living: $63,452
Denver
Total population: 710,800
Household median income: $85,853
1-bedroom average annual total cost of living: $51,176
2-bedroom average annual total cost of living: $61,719
3-bedroom average annual total cost of living: $71,362
4-bedroom average annual total cost of living: $83,988
5-bedroom average annual total cost of living: $103,673
Colorado Springs
Total population: 479,612
Household median income: $79,026
1-bedroom average annual total cost of living: $44,733
2-bedroom average annual total cost of living: $48,891
3-bedroom average annual total cost of living: $55,075
4-bedroom average annual total cost of living: $61,687
5-bedroom average annual total cost of living: $70,267
Aurora, Colorado
Total population: 387,349
Household median income: $78,685
1-bedroom average annual total cost of living: $43,296
2-bedroom average annual total cost of living: $53,010
3-bedroom average annual total cost of living: $62,269
4-bedroom average annual total cost of living: $68,235
5-bedroom average annual total cost of living: $76,026
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Washington, DC
Total population: 670,587
Household median income: $101,722
1-bedroom average annual total cost of living: $59,245
2-bedroom average annual total cost of living: $73,680
3-bedroom average annual total cost of living: $80,507
4-bedroom average annual total cost of living: $104,010
5-bedroom average annual total cost of living: $151,749
Miami
Total population: 443,665
Household median income: $54,858
1-bedroom average annual total cost of living: $53,069
2-bedroom average annual total cost of living: $58,994
3-bedroom average annual total cost of living: $67,546
4-bedroom average annual total cost of living: $78,103
5-bedroom average annual total cost of living: $103,077
Tampa, Florida
Total population: 388,768
Household median income: $66,802
1-bedroom average annual total cost of living: $40,147
2-bedroom average annual total cost of living: $45,203
3-bedroom average annual total cost of living: $52,346
4-bedroom average annual total cost of living: $66,850
5-bedroom average annual total cost of living: $94,992
Saint Petersburg, Florida
Total population: 388,768
Household median income: $66,802
1-bedroom average annual total cost of living: $40,147
2-bedroom average annual total cost of living: $45,203
3-bedroom average annual total cost of living: $52,346
4-bedroom average annual total cost of living: $66,850
5-bedroom average annual total cost of living: $94,992
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Orlando, Florida
Total population: 259,343
Household median income: $70,333
1-bedroom average annual total cost of living: $37,920
2-bedroom average annual total cost of living: $49,539
3-bedroom average annual total cost of living: $57,716
4-bedroom average annual total cost of living: $71,918
5-bedroom average annual total cost of living: $112,076
Jacksonville, Florida
Total population: 950,203
Household median income: $64,138
1-bedroom average annual total cost of living: $36,072
2-bedroom average annual total cost of living: $38,929
3-bedroom average annual total cost of living: $44,836
4-bedroom average annual total cost of living: $52,412
5-bedroom average annual total cost of living: $64,493
Atlanta
Total population: 494,838
Household median income: $77,655
1-bedroom average annual total cost of living: $44,197
2-bedroom average annual total cost of living: $49,841
3-bedroom average annual total cost of living: $52,898
4-bedroom average annual total cost of living: $67,409
5-bedroom average annual total cost of living: $98,372
Honolulu
Total population: 348,547
Household median income: $82,772
1-bedroom average annual total cost of living: $63,464
2-bedroom average annual total cost of living: $77,860
3-bedroom average annual total cost of living: $117,822
4-bedroom average annual total cost of living: $134,924
5-bedroom average annual total cost of living: $136,894
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Boise, Idaho
Total population: 234,192
Household median income: $76,402
1-bedroom average annual total cost of living: $45,540
2-bedroom average annual total cost of living: $49,669
3-bedroom average annual total cost of living: $55,030
4-bedroom average annual total cost of living: $63,489
5-bedroom average annual total cost of living: $72,812
Chicago
Total population: 2,721,914
Household median income: $71,673
1-bedroom average annual total cost of living: $43,254
2-bedroom average annual total cost of living: $47,142
3-bedroom average annual total cost of living: $48,317
4-bedroom average annual total cost of living: $53,533
5-bedroom average annual total cost of living: $57,460
Indianapolis
Total population: 882,006
Household median income: $59,110
1-bedroom average annual total cost of living: $32,287
2-bedroom average annual total cost of living: $34,786
3-bedroom average annual total cost of living: $39,608
4-bedroom average annual total cost of living: $45,172
5-bedroom average annual total cost of living: $54,654
Fort Wayne, Indiana
Total population: 264,514
Household median income: $58,233
1-bedroom average annual total cost of living: $29,198
2-bedroom average annual total cost of living: $32,433
3-bedroom average annual total cost of living: $37,875
4-bedroom average annual total cost of living: $44,545
5-bedroom average annual total cost of living: $53,091
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Wichita
Total population: 395,951
Household median income: $60,712
1-bedroom average annual total cost of living: $31,065
2-bedroom average annual total cost of living: $33,935
3-bedroom average annual total cost of living: $39,460
4-bedroom average annual total cost of living: $45,586
5-bedroom average annual total cost of living: $53,152
Lexington, Kentucky
Total population: 321,276
Household median income: $66,087
1-bedroom average annual total cost of living: $33,920
2-bedroom average annual total cost of living: $38,015
3-bedroom average annual total cost of living: $43,333
4-bedroom average annual total cost of living: $52,718
5-bedroom average annual total cost of living: $65,862
Louisville, Kentucky
Total population: 629,176
Household median income: $63,114
1-bedroom average annual total cost of living: $31,059
2-bedroom average annual total cost of living: $36,524
3-bedroom average annual total cost of living: $40,391
4-bedroom average annual total cost of living: $48,862
5-bedroom average annual total cost of living: $60,934
New Orleans
Total population: 380,408
Household median income: $51,116
1-bedroom average annual total cost of living: $40,137
2-bedroom average annual total cost of living: $40,589
3-bedroom average annual total cost of living: $38,963
4-bedroom average annual total cost of living: $44,097
5-bedroom average annual total cost of living: $51,061
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Boston
Total population: 665,945
Household median income: $89,212
1-bedroom average annual total cost of living: $72,824
2-bedroom average annual total cost of living: $83,364
3-bedroom average annual total cost of living: $85,385
4-bedroom average annual total cost of living: $93,309
5-bedroom average annual total cost of living: $101,694
Baltimore
Total population: 584,548
Household median income: $58,349
1-bedroom average annual total cost of living: $35,407
2-bedroom average annual total cost of living: $37,499
3-bedroom average annual total cost of living: $37,362
4-bedroom average annual total cost of living: $42,942
5-bedroom average annual total cost of living: $49,665
Detroit
Total population: 636,787
Household median income: $37,761
1-bedroom average annual total cost of living: $32,382
2-bedroom average annual total cost of living: $27,039
3-bedroom average annual total cost of living: $28,217
4-bedroom average annual total cost of living: $30,210
5-bedroom average annual total cost of living: $34,239
Minneapolis
Total population: 426,877
Household median income: $76,332
1-bedroom average annual total cost of living: $39,380
2-bedroom average annual total cost of living: $46,292
3-bedroom average annual total cost of living: $50,884
4-bedroom average annual total cost of living: $56,282
5-bedroom average annual total cost of living: $62,070
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Saint Paul, Minnesota
Total population: 308,806
Household median income: $69,919
1-bedroom average annual total cost of living: $35,858
2-bedroom average annual total cost of living: $41,295
3-bedroom average annual total cost of living: $44,539
4-bedroom average annual total cost of living: $48,464
5-bedroom average annual total cost of living: $56,868
Kansas City, Missouri
Total population: 505,958
Household median income: $65,256
1-bedroom average annual total cost of living: $34,813
2-bedroom average annual total cost of living: $34,317
3-bedroom average annual total cost of living: $40,409
4-bedroom average annual total cost of living: $50,713
5-bedroom average annual total cost of living: $56,483
Saint Louis, Missouri
Total population: 298,018
Household median income: $52,941
1-bedroom average annual total cost of living: $31,857
2-bedroom average annual total cost of living: $35,769
3-bedroom average annual total cost of living: $40,130
4-bedroom average annual total cost of living: $44,305
5-bedroom average annual total cost of living: $47,938
Raleigh, North Carolina
Total population: 465,517
Household median income: $78,631
1-bedroom average annual total cost of living: $45,441
2-bedroom average annual total cost of living: $46,920
3-bedroom average annual total cost of living: $52,578
4-bedroom average annual total cost of living: $68,885
5-bedroom average annual total cost of living: $88,478
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Charlotte, North Carolina
Total population: 875,045
Household median income: $74,070
1-bedroom average annual total cost of living: $43,835
2-bedroom average annual total cost of living: $45,613
3-bedroom average annual total cost of living: $50,335
4-bedroom average annual total cost of living: $61,407
5-bedroom average annual total cost of living: $80,557
Durham, North Carolina
Total population: 284,094
Household median income: $74,710
1-bedroom average annual total cost of living: $41,412
2-bedroom average annual total cost of living: $45,892
3-bedroom average annual total cost of living: $51,856
4-bedroom average annual total cost of living: $62,087
5-bedroom average annual total cost of living: $74,213
Greensboro, North Carolina
Total population: 297,202
Household median income: $55,051
1-bedroom average annual total cost of living: $34,108
2-bedroom average annual total cost of living: $36,091
3-bedroom average annual total cost of living: $41,982
4-bedroom average annual total cost of living: $52,633
5-bedroom average annual total cost of living: $65,126
Winston-Salem, North Carolina
Total population: 249,571
Household median income: $54,416
1-bedroom average annual total cost of living: $32,804
2-bedroom average annual total cost of living: $35,443
3-bedroom average annual total cost of living: $42,325
4-bedroom average annual total cost of living: $50,226
5-bedroom average annual total cost of living: $63,865
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Lincoln, Nebraska
Total population: 290,531
Household median income: $67,846
1-bedroom average annual total cost of living: $42,668
2-bedroom average annual total cost of living: $43,660
3-bedroom average annual total cost of living: $47,950
4-bedroom average annual total cost of living: $55,044
5-bedroom average annual total cost of living: $61,759
Omaha, Nebraska
Total population: 489,201
Household median income: $70,202
1-bedroom average annual total cost of living: $37,654
2-bedroom average annual total cost of living: $40,865
3-bedroom average annual total cost of living: $46,044
4-bedroom average annual total cost of living: $55,282
5-bedroom average annual total cost of living: $64,127
Jersey City
Total population: 287,899
Household median income: $91,151
1-bedroom average annual total cost of living: $62,323
2-bedroom average annual total cost of living: $72,432
3-bedroom average annual total cost of living: $77,867
4-bedroom average annual total cost of living: $79,649
5-bedroom average annual total cost of living: $80,212
Newark, New Jersey
Total population: 307,355
Household median income: $46,460
1-bedroom average annual total cost of living: $47,043
2-bedroom average annual total cost of living: $51,885
3-bedroom average annual total cost of living: $56,434
4-bedroom average annual total cost of living: $59,131
5-bedroom average annual total cost of living: $65,988
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Albuquerque
Total population: 562,551
Household median income: $61,503
1-bedroom average annual total cost of living: $36,565
2-bedroom average annual total cost of living: $41,043
3-bedroom average annual total cost of living: $46,021
4-bedroom average annual total cost of living: $53,136
5-bedroom average annual total cost of living: $61,351
Reno, Nevada
Total population: 265,196
Household median income: $73,073
1-bedroom average annual total cost of living: $42,653
2-bedroom average annual total cost of living: $52,314
3-bedroom average annual total cost of living: $61,771
4-bedroom average annual total cost of living: $72,789
5-bedroom average annual total cost of living: $89,224
Henderson, Nevada
Total population: 318,063
Household median income: $85,311
1-bedroom average annual total cost of living: $39,735
2-bedroom average annual total cost of living: $51,249
3-bedroom average annual total cost of living: $57,101
4-bedroom average annual total cost of living: $65,341
5-bedroom average annual total cost of living: $75,427
Las Vegas
Total population: 644,835
Household median income: $66,356
1-bedroom average annual total cost of living: $39,506
2-bedroom average annual total cost of living: $45,581
3-bedroom average annual total cost of living: $53,768
4-bedroom average annual total cost of living: $60,692
5-bedroom average annual total cost of living: $71,876
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New York City
Total population: 8,622,467
Household median income: $76,607
1-bedroom average annual total cost of living: $72,150
2-bedroom average annual total cost of living: $83,604
3-bedroom average annual total cost of living: $87,389
4-bedroom average annual total cost of living: $98,188
5-bedroom average annual total cost of living: $118,633
Buffalo, New York
Total population: 276,688
Household median income: $46,184
1-bedroom average annual total cost of living: $38,507
2-bedroom average annual total cost of living: $39,892
3-bedroom average annual total cost of living: $42,701
4-bedroom average annual total cost of living: $44,277
5-bedroom average annual total cost of living: $45,165
Columbus, Ohio
Total population: 902,449
Household median income: $62,994
1-bedroom average annual total cost of living: $35,682
2-bedroom average annual total cost of living: $37,821
3-bedroom average annual total cost of living: $42,167
4-bedroom average annual total cost of living: $48,652
5-bedroom average annual total cost of living: $52,121
Cincinnati
Total population: 308,870
Household median income: $49,191
1-bedroom average annual total cost of living: $35,365
2-bedroom average annual total cost of living: $37,086
3-bedroom average annual total cost of living: $40,497
4-bedroom average annual total cost of living: $47,548
5-bedroom average annual total cost of living: $55,114
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Cleveland
Total population: 370,365
Household median income: $37,271
1-bedroom average annual total cost of living: $31,645
2-bedroom average annual total cost of living: $30,534
3-bedroom average annual total cost of living: $31,315
4-bedroom average annual total cost of living: $30,516
5-bedroom average annual total cost of living: $30,220
Toledo, Ohio
Total population: 269,962
Household median income: $45,405
1-bedroom average annual total cost of living: $26,615
2-bedroom average annual total cost of living: $29,222
3-bedroom average annual total cost of living: $32,017
4-bedroom average annual total cost of living: $35,270
5-bedroom average annual total cost of living: $36,896
Tulsa, Oklahoma
Total population: 411,938
Household median income: $56,648
1-bedroom average annual total cost of living: $30,898
2-bedroom average annual total cost of living: $33,849
3-bedroom average annual total cost of living: $38,473
4-bedroom average annual total cost of living: $49,056
5-bedroom average annual total cost of living: $63,889
Oklahoma City
Total population: 681,088
Household median income: $64,251
1-bedroom average annual total cost of living: $30,731
2-bedroom average annual total cost of living: $32,822
3-bedroom average annual total cost of living: $38,681
4-bedroom average annual total cost of living: $46,009
5-bedroom average annual total cost of living: $56,221
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Portland, Oregon
Total population: 646,101
Household median income: $85,876
1-bedroom average annual total cost of living: $48,977
2-bedroom average annual total cost of living: $57,585
3-bedroom average annual total cost of living: $64,352
4-bedroom average annual total cost of living: $77,430
5-bedroom average annual total cost of living: $88,788
Philadelphia
Total population: 1,593,208
Household median income: $57,537
1-bedroom average annual total cost of living: $44,830
2-bedroom average annual total cost of living: $43,535
3-bedroom average annual total cost of living: $39,280
4-bedroom average annual total cost of living: $46,223
5-bedroom average annual total cost of living: $55,074
Pittsburgh
Total population: 303,843
Household median income: $60,187
1-bedroom average annual total cost of living: $36,329
2-bedroom average annual total cost of living: $37,488
3-bedroom average annual total cost of living: $41,579
4-bedroom average annual total cost of living: $51,822
5-bedroom average annual total cost of living: $60,333
Nashville
Total population: 684,103
Household median income: $71,328
1-bedroom average annual total cost of living: $47,561
2-bedroom average annual total cost of living: $48,226
3-bedroom average annual total cost of living: $54,688
4-bedroom average annual total cost of living: $70,486
5-bedroom average annual total cost of living: $106,080
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Memphis, Tennessee
Total population: 630,027
Household median income: $48,090
1-bedroom average annual total cost of living: $32,276
2-bedroom average annual total cost of living: $29,495
3-bedroom average annual total cost of living: $33,628
4-bedroom average annual total cost of living: $40,341
5-bedroom average annual total cost of living: $51,051
Austin, Texas
Total population: 958,202
Household median income: $86,556
1-bedroom average annual total cost of living: $49,739
2-bedroom average annual total cost of living: $58,312
3-bedroom average annual total cost of living: $61,043
4-bedroom average annual total cost of living: $74,374
5-bedroom average annual total cost of living: $99,768
Plano, Texas
Total population: 284,948
Household median income: $105,679
1-bedroom average annual total cost of living: $42,027
2-bedroom average annual total cost of living: $50,322
3-bedroom average annual total cost of living: $56,014
4-bedroom average annual total cost of living: $67,528
5-bedroom average annual total cost of living: $80,887
Fort Worth, Texas
Total population: 924,663
Household median income: $72,726
1-bedroom average annual total cost of living: $38,692
2-bedroom average annual total cost of living: $39,256
3-bedroom average annual total cost of living: $44,566
4-bedroom average annual total cost of living: $51,875
5-bedroom average annual total cost of living: $58,159
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Dallas
Total population: 1,300,642
Household median income: $63,985
1-bedroom average annual total cost of living: $36,966
2-bedroom average annual total cost of living: $42,289
3-bedroom average annual total cost of living: $46,311
4-bedroom average annual total cost of living: $69,278
5-bedroom average annual total cost of living: $117,678
Irving, Texas
Total population: 254,962
Household median income: $76,686
1-bedroom average annual total cost of living: $36,806
2-bedroom average annual total cost of living: $42,509
3-bedroom average annual total cost of living: $47,949
4-bedroom average annual total cost of living: $65,450
5-bedroom average annual total cost of living: $85,043
Arlington, Texas
Total population: 393,469
Household median income: $71,736
1-bedroom average annual total cost of living: $36,503
2-bedroom average annual total cost of living: $40,404
3-bedroom average annual total cost of living: $46,318
4-bedroom average annual total cost of living: $52,283
5-bedroom average annual total cost of living: $58,434
Corpus Christi, Texas
Total population: 317,804
Household median income: $64,449
1-bedroom average annual total cost of living: $33,802
2-bedroom average annual total cost of living: $34,953
3-bedroom average annual total cost of living: $40,415
4-bedroom average annual total cost of living: $47,633
5-bedroom average annual total cost of living: $58,200
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Garland, Texas
Total population: 244,026
Household median income: $71,044
1-bedroom average annual total cost of living: $33,940
2-bedroom average annual total cost of living: $39,943
3-bedroom average annual total cost of living: $46,032
4-bedroom average annual total cost of living: $51,514
5-bedroom average annual total cost of living: $63,007
Houston
Total population: 2,296,253
Household median income: $60,440
1-bedroom average annual total cost of living: $33,278
2-bedroom average annual total cost of living: $37,349
3-bedroom average annual total cost of living: $42,153
4-bedroom average annual total cost of living: $47,756
5-bedroom average annual total cost of living: $61,873
El Paso, Texas
Total population: 677,181
Household median income: $55,710
1-bedroom average annual total cost of living: $31,295
2-bedroom average annual total cost of living: $33,173
3-bedroom average annual total cost of living: $37,524
4-bedroom average annual total cost of living: $42,356
5-bedroom average annual total cost of living: $50,715
San Antonio
Total population: 1,445,662
Household median income: $59,593
1-bedroom average annual total cost of living: $32,407
2-bedroom average annual total cost of living: $34,793
3-bedroom average annual total cost of living: $40,722
4-bedroom average annual total cost of living: $47,788
5-bedroom average annual total cost of living: $55,401
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Lubbock, Texas
Total population: 258,190
Household median income: $58,734
1-bedroom average annual total cost of living: $31,439
2-bedroom average annual total cost of living: $32,224
3-bedroom average annual total cost of living: $38,787
4-bedroom average annual total cost of living: $48,848
5-bedroom average annual total cost of living: $62,355
Arlington, Virginia
Total population: 235,845
Household median income: $137,387
1-bedroom average annual total cost of living: $55,501
2-bedroom average annual total cost of living: $71,033
3-bedroom average annual total cost of living: $99,513
4-bedroom average annual total cost of living: $116,841
5-bedroom average annual total cost of living: $152,411
Richmond, Virginia
Total population: 227,171
Household median income: $59,606
1-bedroom average annual total cost of living: $44,368
2-bedroom average annual total cost of living: $45,217
3-bedroom average annual total cost of living: $50,128
4-bedroom average annual total cost of living: $56,311
5-bedroom average annual total cost of living: $68,892
Virginia Beach
Total population: 457,900
Household median income: $87,544
1-bedroom average annual total cost of living: $43,003
2-bedroom average annual total cost of living: $45,663
3-bedroom average annual total cost of living: $52,612
4-bedroom average annual total cost of living: $62,135
5-bedroom average annual total cost of living: $81,516
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Norfolk, Virginia
Total population: 236,973
Household median income: $60,998
1-bedroom average annual total cost of living: $39,957
2-bedroom average annual total cost of living: $40,557
3-bedroom average annual total cost of living: $44,906
4-bedroom average annual total cost of living: $50,203
5-bedroom average annual total cost of living: $57,654
Chesapeake, Virginia
Total population: 249,377
Household median income: $92,703
1-bedroom average annual total cost of living: $39,530
2-bedroom average annual total cost of living: $43,489
3-bedroom average annual total cost of living: $49,313
4-bedroom average annual total cost of living: $59,967
5-bedroom average annual total cost of living: $71,156
Seattle
Total population: 734,603
Household median income: $116,068
1-bedroom average annual total cost of living: $59,790
2-bedroom average annual total cost of living: $78,583
3-bedroom average annual total cost of living: $95,286
4-bedroom average annual total cost of living: $114,773
5-bedroom average annual total cost of living: $126,830
Spokane, Washington
Total population: 227,922
Household median income: $63,316
1-bedroom average annual total cost of living: $42,102
2-bedroom average annual total cost of living: $45,216
3-bedroom average annual total cost of living: $51,784
4-bedroom average annual total cost of living: $56,804
5-bedroom average annual total cost of living: $65,767
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Madison, Wisconsin
Total population: 268,516
Household median income: $74,895
1-bedroom average annual total cost of living: $43,415
2-bedroom average annual total cost of living: $48,126
3-bedroom average annual total cost of living: $54,680
4-bedroom average annual total cost of living: $62,700
5-bedroom average annual total cost of living: $71,341
Milwaukee
Total population: 573,299
Household median income: $49,733
1-bedroom average annual total cost of living: $39,049
2-bedroom average annual total cost of living: $36,962
3-bedroom average annual total cost of living: $39,799
4-bedroom average annual total cost of living: $39,415
5-bedroom average annual total cost of living: $39,693
Methodology, For this study, GOBankingRates analyzed the largest cities in the United States to find how much house you can afford to live in. First GOBankingRates found the largest 100 cities by population as sourced from the US Census American Community Survey, along with the total households and median household income. For each city the average home value from April 2024 was sourced from Zillow Home Value Index to find the average 1 bedroom, 2 bedroom, 3 bedroom, 4 bedroom, and 5+ bedroom home values. For each home value a 10% downpayment was assumed and using the national 30-year fixed mortgage rate as sourced from the Federal Reserve Economic Data, the average mortgage costs can be calculated. To qualify for this study, the city had to have all data points available. The cost of living indexes were sourced for each city as sourced from Sperlings BestPlaces. For each city the cost of living indexes were used with the national average expenditure costs for all residents as sourced from the Bureau of Labor Statistics Consumer Expenditure Survey. Using the average mortgage cost and average expenditure cost, the total cost of living can be calculated. The cities were sorted by total population to show how much house you can afford. All data was collected on and is up-to-date as-of June 12, 2024.
This article originally appeared on GOBankingRates.com: How Much House Can You Afford in These 96 Popular Cities
