Whether it'll be dreaming to live in the "Big Apple" or enjoy the feel that you are just nearby Disneyland, many people may want to live in another state or move into another part of the city. Needless to say, this move requires money and wherever you want to live in whether it'll be in Portland, Chicago, New York, or Philadelphia, cities will require you to pay a monthly mortgage fee that corresponds to your home's price.
Realtor reports 10 cities where people may be interested to move next and possibly buy a home. The article based from HSH's report also provides the list of homes in their median prices together with their expected monthly mortgage payment to give readers an idea about a home's rate in that state. Apart from this information, the article also details the salary needed to meet the monthly mortgage fee in that city.
10. Philadelphia, PA (Salary needed: $55,500)
Median home price: $234,700
Monthly mortgage fee: $1,291
9. Chicago, IL (Salary needed: $61,500)
Median home price: $229,300
Monthly mortgage fee: $1,432
8. Portland, OR (Salary needed: $66,500)
Median home price: $319,300
Monthly mortgage fee: $1,551
7. Denver, CO (Salary needed: $70,000)
Median home price: $353,000
Monthly mortgage fee: $1,608
6. Seattle, WA (Salary needed: $79,000)
Median home price: $386,300
Monthly mortgage fee: $1,849
5. Washington, DC (Salary needed: $82,000)
Median home price: $388,600
Monthly mortgage fee: $1,910
4. New York City, NY (Salary needed: $91,500)
Median home price: $410,500
Monthly mortgage fee: $2,134
3. Boston, MA (Salary needed: $93,000)
Median home price: $449,000
Monthly mortgage fee: $2,165
2. Los Angeles, CA (Salary needed: $99,500)
Median home price: $506,800
Monthly mortgage fee: $2,322
1. San Francisco, CA (Salary needed: $153,000)
Median home price: $809,400
Monthly mortgage fee: $3,573
