The Minimum Salary You Need To Own a Home in the 50 Most Livable Cities

Recently, GOBankingRates studied the American cities with the highest livability indexes, and the 30 most livable cities in each state were identified. From those 1,500 cities, GOBankingRates focused on those with populations of at least 5,000 and cross-referenced them against cost-of-living indexes and national average expenditure costs to determine the 50 most livable cities. Once those cities were identified, GOBankingRates asked a simple question: What is the minimum salary needed to own a home in each?

GOBankingRates sourced the average home value for each city, taking into account such factors as a 10% down payment, and the national average 30-year fixed mortgage rate. From that matrix, GOBankingRates calculated the bare minimum salary one would need to purchase and own a home in America’s 50 most livable cities. Curious whether you could afford a home in one of most livable cities in the United States?

• Livability score: 94
• Salary needed (annual cost of living): $57,750
• Median household income: $124,734
• Average home value: $479,963
• Average monthly mortgage: $2,836

• Livability score: 94
• Salary needed (annual cost of living): $61,586
• Median household income: $113,862
• Average home value: $538,615
• Average monthly mortgage: $3,183

• Livability score: 93
• Salary needed (annual cost of living): $66,459
• Median household income: $154,255
• Average home value: $595,722
• Average monthly mortgage: $3,520

• Livability score: 93
• Salary needed (annual cost of living): $40,625
• Median household income: $98,474
• Average home value: $258,982
• Average monthly mortgage: $1,530

• Livability score: 92
• Salary needed (annual cost of living): $64,248
• Median household income: $119,038
• Average home value: $520,949
• Average monthly mortgage: $3,078

• Livability score: 92
• Salary needed (annual cost of living): $141,375
• Median household income: $219,402
• Average home value: $1,613,525
• Average monthly mortgage: $9,535

• Livability score: 92
• Salary needed (annual cost of living): $72,351
• Median household income: $110,616
• Average home value: $658,881
• Average monthly mortgage: $3,894

• Livability score: 92
• Salary needed (annual cost of living): $91,142
• Median household income: $87,218
• Average home value: $925,505
• Average monthly mortgage: $5,469

• Livability score: 92
• Salary needed (annual cost of living): $46,558
• Median household income: $110,938
• Average home value: $307,958
• Average monthly mortgage: $1,820

• Livability score: 92
• Salary needed (annual cost of living): $60,373
• Median household income: $89,135
• Average home value: $504,534
• Average monthly mortgage: $2,981

• Livability score: 92
• Salary needed (annual cost of living): $43,814
• Median household income: $86,630
• Average home value: $279,149
• Average monthly mortgage: $1,650

• Livability score: 92
• Salary needed (annual cost of living): $40,277
• Median household income: $67,143
• Average home value: $229,614
• Average monthly mortgage: $1,357

• Livability score: 92
• Salary needed (annual cost of living): $47,905
• Median household income: $106,603
• Average home value: $345,944
• Average monthly mortgage: $2,044

• Livability score: 92
• Salary needed (annual cost of living): $61,980
• Median household income: $152,526
• Average home value: $545,915
• Average monthly mortgage: $3,226

• Livability score: 92
• Salary needed (annual cost of living): $46,013
• Median household income: $87,767
• Average home value: $330,550
• Average monthly mortgage: $1,953

• Livability score: 91
• Salary needed (annual cost of living): $78,021
• Median household income: $79,390
• Average home value: $720,629
• Average monthly mortgage: $4,258

• Livability score: 91
• Salary needed (annual cost of living): $143,026
• Median household income: $218,176
• Average home value: $1,639,042
• Average monthly mortgage: $9,686

• Livability score: 91
• Salary needed (annual cost of living): $61,690
• Median household income: $82,422
• Average home value: $509,845
• Average monthly mortgage: $3,013

• Livability score: 91
• Salary needed (annual cost of living): $47,500
• Median household income: $94,115
• Average home value: $321,731
• Average monthly mortgage: $1,901

• Livability score: 91
• Salary needed (annual cost of living): $45,639
• Median household income: $113,103
• Average home value: $299,196
• Average monthly mortgage: $1,768

• Livability score: 91
• Salary needed (annual cost of living): $47,820
• Median household income: $100,819
• Average home value: $336,341
• Average monthly mortgage: $1,988

• Livability score: 91
• Salary needed (annual cost of living): $45,818
• Median household income: $60,102
• Average home value: $312,816
• Average monthly mortgage: $1,849

• Livability score: 91
• Salary needed (annual cost of living): $40,621
• Median household income: $59,808
• Average home value: $249,954
• Average monthly mortgage: $1,477

• Livability score: 91
• Salary needed (annual cost of living): $52,622
• Median household income: $71,731
• Average home value: $437,972
• Average monthly mortgage: $2,588

• Livability score: 90
• Salary needed (annual cost of living): $90,563
• Median household income: $126,854
• Average home value: $906,036
• Average monthly mortgage: $5,354

• Livability score: 90
• Salary needed (annual cost of living): $68,256
• Median household income: $100,185
• Average home value: $604,393
• Average monthly mortgage: $3,572

• Livability score: 90
• Salary needed (annual cost of living): $66,661
• Median household income: $119,148
• Average home value: $595,474
• Average monthly mortgage: $3,519

• Livability score: 90
• Salary needed (annual cost of living): $45,488
• Median household income: $55,825
• Average home value: $297,657
• Average monthly mortgage: $1,759

• Livability score: 90
• Salary needed (annual cost of living): $67,327
• Median household income: $85,526
• Average home value: $611,349
• Average monthly mortgage: $3,613

• Livability score: 90
• Salary needed (annual cost of living): $75,764
• Median household income: $110,431
• Average home value: $730,821
• Average monthly mortgage: $4,319

• Livability score: 90
• Salary needed (annual cost of living): $45,434
• Median household income: $92,671
• Average home value: $304,242
• Average monthly mortgage: $1,798

• Livability score: 90
• Salary needed (annual cost of living): $68,474
• Median household income: $129,399
• Average home value: $633,556
• Average monthly mortgage: $3,744

• Livability score: 90
• Salary needed (annual cost of living): $69,062
• Median household income: $150,993
• Average home value: $642,785
• Average monthly mortgage: $3,798

• Livability score: 90
• Salary needed (annual cost of living): $52,234
• Median household income: $80,450
• Average home value: $408,576
• Average monthly mortgage: $2,414

• Livability score: 90
• Salary needed (annual cost of living): $53,275
• Median household income: $135,180
• Average home value: $429,191
• Average monthly mortgage: $2,536

• Livability score: 90
• Salary needed (annual cost of living): $47,794
• Median household income: $113,086
• Average home value: $354,619
• Average monthly mortgage: $2,096

• Livability score: 90
• Salary needed (annual cost of living): $45,622
• Median household income: $105,226
• Average home value: $328,168
• Average monthly mortgage: $1,939

• Livability score: 90
• Salary needed (annual cost of living): $37,505
• Median household income: $61,877
• Average home value: $214,506
• Average monthly mortgage: $1,268

• Livability score: 90
• Salary needed (annual cost of living): $47,561
• Median household income: $33,497
• Average home value: $359,002
• Average monthly mortgage: $2,121

• Livability score: 89
• Salary needed (annual cost of living): $86,011
• Median household income: $146,585
• Average home value: $747,174
• Average monthly mortgage: $4,415

• Livability score: 89
• Salary needed (annual cost of living): $90,222
• Median household income: $162,981
• Average home value: $875,066
• Average monthly mortgage: $5,171

• Livability score: 89
• Salary needed (annual cost of living): $79,552
• Median household income: $97,110
• Average home value: $732,238
• Average monthly mortgage: $4,327

• Livability score: 89
• Salary needed (annual cost of living): $78,732
• Median household income: $123,691
• Average home value: $721,508
• Average monthly mortgage: $4,264

• Livability score: 89
• Salary needed (annual cost of living): $142,501
• Median household income: $178,188
• Average home value: $1,631,865
• Average monthly mortgage: $9,643

• Livability score: 89
• Salary needed (annual cost of living): $80,284
• Median household income: $218,839
• Average home value: $762,371
• Average monthly mortgage: $4,505

• Livability score: 89
• Salary needed (annual cost of living): $66,369
• Median household income: $101,540
• Average home value: $568,032
• Average monthly mortgage: $3,357

• Livability score: 89
• Salary needed (annual cost of living): $59,079
• Median household income: $117,330
• Average home value: $465,623
• Average monthly mortgage: $2,752

• Livability score: 89
• Salary needed (annual cost of living): $65,455
• Median household income: $82,292
• Average home value: $557,625
• Average monthly mortgage: $3,295

• Livability score: 89
• Salary needed (annual cost of living): $48,517
• Median household income: $108,429
• Average home value: $321,208
• Average monthly mortgage: $1,898

• Livability score: 89
• Salary needed (annual cost of living): $62,124
• Median household income: $90,395
• Average home value: $514,236
• Average monthly mortgage: $3,039

Methodology: For this study, GOBankingRates analyzed cities across the United States with the highest Livability indexes as sourced from AreaVibes. The top 30 livable cities in each state were identified, and to qualify for this study each city had to have all data points available and a total population of at least 5,000. For each location a number of factors were found including; total population, population ages 65 and over, total households, and household median income all sourced from the US Census American Community Survey. The cost of living indexes were sourced from Sperlings BestPlaces and include the grocery, healthcare, housing, utilities, transportation, and miscellaneous cost of living indexes. Using the cost of living indexes and the national average expenditure costs, as sourced from the Bureau of Labor Statistics Consumer Expenditure Survey, the average expenditure cost for each location can be calculated. The average single-family home value was sourced from Zillow Home Value Index for March 2025. Using the average single family home value, assuming a 10% down payment, and using the most recent national average 30-year fixed mortgage rate, as sourced from the Federal Reserve Economic Data, the average mortgage was calculated. Using the average mortgage and average expenditure costs, the average total monthly and annual cost of living was calculated. All data was collected on and is up to date as of May 14, 2025.