Housing costs

[DEBuckeye]

This is interesting- you can check out (on average) where your area falls on the most-to-least expensive list, and see how it varies in different areas.

The high:
La Jolla, CA- holy shit! 2200 sq ft. house is $1.7 million!!!

The low:
Minot, ND- same house $130,000

Housing costs

I'm hoping that someday soon I can sell my overpriced East Coast house and move back to Columbus where I can get much more for my money.

 

[NorthShoreBuck]

"The national average for this 2,200-square-foot house is $354,372, up 11.4 percent from 2003."

Assume a 20% down payment you are looking at $283,500 mortgage. Say at 6% you are looking at what around $3000 a month in payments. If you go by 30% take home pay to mortgage you need $10,000 a month to afford the average home. Scary considering the average income is around $43,000.