It’s time for our last round of cities in the housing series of What Things Cost. You can read part one, part two and part three at their respective clicks. Later on in the week, I’ll do a post of top tens covering all 58 areas we covered in the past few weeks.
Tulsa, Oklahoma
Population: 389,625
Median household income: $38,426
Average monthly income: $3,202
Median home price: $121,100
Average monthly rent: $677
Average month rent divided by average monthly income: 21%
Portland, Oregon
Population: 566,141
Median household income: $50,203
Average monthly income: $4,183
Median home price: $296,100
Average monthly rent: $867
Average month rent divided by average monthly income: 21%
Philadelphia, Pennsylvania
Population: 1,547,297
Median household income: $37,045
Average monthly income: $3,087
Median home price: $150,000
Average monthly rent: $819
Average month rent divided by average monthly income: 27%
Providence, Rhode Island
Population: 171,909
Median household income: $37,619
Average monthly income: $3,135
Median home price: $227,600
Average monthly rent: $914
Average month rent divided by average monthly income: 29%
Charleston, South Carolina
Population: 115,638
Median household income: $47,942
Average monthly income: $3,995
Median home price: $272,000
Average monthly rent: $914
Average month rent divided by average monthly income: 23%
Sioux Falls, South Dakota
Population: 157,935
Median household income: $47,040
Average monthly income: $3,920
Median home price: $146,900
Average monthly rent: $667
Average month rent divided by average monthly income: 17%
Nashville, Tennessee
Population: 605,473
Median household income: $45,540
Average monthly income: $3,795
Median home price: $166,400
Average monthly rent: $777
Average month rent divided by average monthly income: 20%
Austin, Texas
Population: 786,382
Median household income: $50,132
Average monthly income: $4,178
Median home price: $214,300
Average monthly rent: $883
Average month rent divided by average monthly income: 21%
Houston, Texas
Population: 2,257,926
Median household income: $42,945
Average monthly income: $3,579
Median home price: $128,000
Average monthly rent: $809
Average month rent divided by average monthly income: 23%
Salt Lake City, Utah
Population: 183,171
Median household income: $45,754
Average monthly income: $3,812
Median home price: $242,200
Average monthly rent: $721
Average month rent divided by average monthly income: 19%
Montpelier, Vermont
Population: 7,705
Median household income: $51,186
Average monthly income: $4,266
Median home price: $213,281
Average monthly rent: $763
Average month rent divided by average monthly income: 18%
Arlington, Virginia
Population: 217,483
Median household income: $96,218
Average monthly income: $8,018
Median home price: $559,000
Average monthly rent: $1,591
Average month rent divided by average monthly income: 20%
Seattle, Washington
Population: 617,334
Median household income: $60,843
Average monthly income: $5,070
Median home price: $452,000
Average monthly rent: $992
Average month rent divided by average monthly income: 20%
Charleston, West Virginia
Population: 50,267
Median household income: $41,707
Average monthly income: $3,476
Median home price: $138,714
Average monthly rent: $558
Average month rent divided by average monthly income: 16%
Madison, Wisconsin
Population: 235,626
Median household income: $49,595
Average monthly income: $4,132
Median home price: $220,200
Average monthly rent: $847
Average month rent divided by average monthly income: 20%
Cheyenne, Wyoming
Population: 56,160
Median household income: $47,532
Average monthly income: $3,961
Median home price: $168,059
Average monthly rent: $650
Average month rent divided by average monthly income: 16%
