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Study: Hopeful homebuyers need income of nearly $117,000 to afford typical home in U.S.
(www.bankrate.com)
this post was submitted on 25 Apr 2025
216 points (99.5% liked)
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Im pretty sure the article is gross pay.
I wasn't clear.
The article calls out annual household income. Meaning that could be combined income.
A single person making 120k and couple making 60k x2 is not equivalent. Health insurance and living expenses creep up.
Oh I am definately aware of that. Im single income with a wife that has a lot of medical issues and while I make a good salary (when employed) we live modest as fuck to get by.