Even with a six-figure salary, it might not be a great idea to buy a house in San Francisco.
The most expensive city in the U.S to buy a home is San Francisco, where homebuyers need a $206,760 salary to live comfortably and buy a house. One of the most affordable places to buy a house was Jackson, Miss., where homebuyers only need $44,129 a year to buy a home and keep up with other living costs, according to an analysis of Zillow, Urban Institute and Census data by Finder, an Australian fintech company.
“Keeping their salary in mind, this can give people an idea whether it will always be difficult [to make housing payments with cost of living]. Prospective homeowners can look at other options [locations] and find a place to work that’s going to be more comfortable for their finances,” said Britny Lawhorn, assistant publisher of mortgages at