If you’re looking for a cheap place to live, your best bet might be the Rust Belt. Some of the most affordable real estate can be found in cities like Pittsburgh ― you’d need to make a salary of just $32,000 to buy a house in the area, according to an analysis from mortgage information site HSH.com. HSH looked at median home prices in the last three months, along with the mortgage principal a buyer would have to pay, average interest rates, property taxes and insurance costs to determine the income you’d need to afford to buy a house in 27 of the nation’s largest metro areas.
Source: Huffington Post November 17, 2016 17:37 UTC