Beach towns make up most of the list
In some markets, you can get a lot for your money. In others, well, it's the opposite.
Here are the 25 housing markets where buyers have to pay the largest percentage of their income to afford a house, courtesy of U.S. News' Best Places to Live report for 2019.
Here are the 25 most expensive places to live in the U.S.:
- San Juan, Puerto Rico
- Miami, Florida
- Los Angeles, California
- New York, New York
- San Diego, California
- Santa Barbara, California
- Salinas, California
- Honolulu, Hawaii
- Santa Rosa, California
- Daytona Beach, Florida
- Port St. Lucie, Florida
- Stockton, California
- Modesto, California
- Fresno, California
- San Francisco, California
- Orlando, Florida
- Sacramento, California
- Fort Myers, Florida
- New Haven, Connecticut
- McAllen, Texas
- San Jose, California
- Brownsville, Texas
When calculating these lists, median mortgage payments, property taxes and median rents are calculated when deciding how to rank the cities. Then, housing costs and local median annual household income are compared to determine the affordability.