Most & Least Expensive Home-Cost States
In some states, housing costs can take up to 50% and more of the median family income. To identify where Americans are spending the most and the least on housing, WalletHub analyzed mortgage and home energy prices in all 50 US states. In Hawaii, the cost of owning a home is almost 54% of a typical household income. In California, it comes in at 46%, 36% in Oregon, and 35% in Nevada. The least expensive states are Iowa and West Virginia, both at less than 20%.
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