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Housing costs

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DEBuckeye

DEBuckeye

It ain't easy, bein' cheesy.
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

NorthShoreBuck

True Madness Requires Significant Intelligence
"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.
 
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