20 most expensive U.S. metro areas for homeownership

20 most expensive U.S. metro areas for homeownership

When it comes to the price of owning a home, it’s not just about how much money homeowners pay in mortgage and other costs. It’s also about how much money they make. Using Census data, I compared the average homeowner’s housing costs to the average homeowner’sĀ income for every metropolitan area in America. Ideally, I would’ve just analyzed what portion of homeowners’ income pays for housing costs, but as far as…