Here are 20 cities where you can still buy a home with a monthly mortgage payment of $1,000 or less.
is just $61,700, the average median salary is now $51,860, according to PayScale data.
Other cities, like New York and San Francisco, have high living expenses, but they also have higher wages and more jobs, Solonin said. In San Francisco, the cost of living is 80 percent higher than the national average but the median salary is also much greater: $85,844, according to PayScale.. In fact, the average mortgage repayment in San Francisco eats up around 61.5 percent of the city's median household income, according to separate data by Finder.com on mortgage-to-income ratios, a common measure of housing affordability.
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