If you’re in the market for a home, the big question on your mind is likely, “How much house can I afford?” Most affordability calculators will show you what’s within your price range based on what your monthly mortgage payments would be. However, you might want to consider a different calculation: How many of your hard-working hours would it take to pay a mortgage on the home you want?
GOBankingRates crunched the numbers for you. We looked at the median home list prices, mortgage rates and median household income in the 25 largest cities in the U.S. We then calculated the hourly pay by dividing the median household income by 2,087 — the number of work hours in a year. Starting with the cities requiring the fewest number of hours, click through to see how many working hours it takes to afford a home in the 25 largest U.S. cities.