The Income Needed to Afford Home Payments in 15 Cities

This story originally appeared on SmartAsset.com. Housing costs eat up more of the average American’s salary each month than any other single expense, reaching about one-third of average expenditures in 2019, according to data from the U.S. Bureau of Labor Statistics. And while homeownership is coded into the DNA of the American dream, buying a home isn’t easy for many. Car payments, student loans…

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