This Map Shows How Much Need To Make In Order To Afford A Home In Every State

When it comes to moving out of our parent’s house and moving out on our own, it’s a pretty scary thought. While many of us start out renting apartments, it’s true that we all dream of the day we’ll be able to afford a home. So, how much money do we need to save in order to buy a house where we live? And, is it even a possibility that we can afford to buy a home? More often, it seems as though people are choosing to live in apartments they can rent for longer periods of time because the cost of living is just too high across the country.

Lucky for you, if you’re interested in buying a home, website HowMuch.net decided to calculate how much it would cost to buy a home in every state. The team over at the financial website calculated the cost per living by using housing sites such as Zillow and counting the price of mortgage rates and taxes. They also included how much you would need for a 10% down payment. They then used information from the U.S. Census Bureau on the median household in every state, as well.

Alabama

Salary needed to afford a home: $47,960

Median household income: $46,257

Alaska

Salary needed to afford a home: $67,280

Median household income: $76,440

Arizona

Salary needed to afford a home: $67,280

Median household income: $53,558

Arkansas

Salary needed to afford a home: $41,040

Median household income: $44,334

California

Salary needed to afford a home: $120,120

Median household income: $67,739

Colorado

Salary needed to afford a home: $100,200

Median household income: $65,685

Connecticut

Salary needed to afford a home: $75,280

Median household income: $73,433

Delaware

Salary needed to afford a home: $67,960

Median household income: $61,757

District Of Columbia

Salary needed to afford a home: $138,440

Median household income: $75,506

Florida

Salary needed to afford a home: $70,360

Median household income: $50,860

Georgia

Salary needed to afford a home: $59,520

Median household income: $53,559

Hawaii

Salary needed to afford a home: $153,52o

Median household income: $74,511

Idaho

Salary needed to afford a home: $70,360

Median household income: $51,807

Illinois

Salary needed to afford a home: $53,880

Median household income: $60,960

Indiana

Salary needed to afford a home: $42,560

Median household income: $52,314

Iowa

Salary needed to afford a home: $44,360

Median household income: $56,247

Kansas

Salary needed to afford a home: $43,160

Median household income: $54,935

Kentucky

Salary needed to afford a home: $44,360

Median household income: $46,659

Louisiana

Salary needed to afford a home: $50,320

Median household income: $45,146

Maine

Salary needed to afford a home: $55,520

Median household income: $53,079

Maryland

Salary needed to afford a home: $72,200

Median household income: $78,945

Massachusetts

Salary needed to afford a home: $101,320

Median household income: $75,297

Michigan

Salary needed to afford a home: $40,800

Median household income: $52,492

Minnesota

Salary needed to afford a home: $64,720

Median household income: $65,599

Mississippi

Salary needed to afford a home: $44,360

Median household income: $41,754

Missouri

Salary needed to afford a home: $42,200

Median household income: $51,746

Montana

Salary needed to afford a home: $75,520

Median household income: $50,027

Nebraska

Salary needed to afford a home: $51,520

Median household income: $56,927

Nevada

Salary needed to afford a home: $73,120

Median household income: $55,180

New Hampshire

Salary needed to afford a home: $68,440

Median household income: $70,936

New Jersey

Salary needed to afford a home: $69,640

Median household income: $76,126

New Mexico

Salary needed to afford a home: $54,880

Median household income: $46,748

New York

Salary needed to afford a home: $91,720

Median household income: $62,909

North Carolina

Salary needed to afford a home: $63,840

Median household income: $50,584

North Dakota

Salary needed to afford a home: $56,000

Median household income: $60,656

Ohio

Salary needed to afford a home: $38,400

Median household income: $52,334

Oklahoma

Salary needed to afford a home: $45,320

Median household income: $49,176

Oregon

Salary needed to afford a home: $87,160

Median household income: $57,532

Pennsylvania

Salary needed to afford a home: $47,960

Median household income: $56,907

Rhode Island

Salary needed to afford a home: $69,640

Median household income: $60,596

South Carolina

Salary needed to afford a home: $58,840

Median household income: $49,501

South Dakota

Salary needed to afford a home: $55,360

Median household income: $54,467

Tennessee

Salary needed to afford a home: $55,760

Median household income: $48,547

Texas

Salary needed to afford a home: $66,080

Median household income: $56,565

Utah

Salary needed to afford a home: $83,720

Median household income: $65,977

Vermont

Salary needed to afford a home: $62,600

Median household income: $57,677

Virginia

Salary needed to afford a home: $71,960

Median household income: $68,114

Washington

Salary needed to afford a home: $87,040

Median household income: $67,106

West Virginia

Salary needed to afford a home: $38,320

Median household income: $43,385

Wisconsin

Salary needed to afford a home: $50,080

Median household income: $56,811

Wyoming

Salary needed to afford a home: $58,000

Median household income: $59,882