Here's what you need to earn to buy a home and live comfortably in 27 US cities - Business - MailTribune.com - Medford, OR

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0 of 3 Premium Clicks used this month SUBSCRIBE Print + Online Subscriber Activation  |  Register x Forgot Password | Need an Account? e-edition | subscribe | newsletter | deals Classifieds Jobs Autos Real Estate FEATURED   » NEWS NOW   Medford councilors irked by leaks from closed meetings       ...       Police shootings weigh on Rogue Valley officers       ...       Wyden pushes for study of gun violence       ...       Medford councilors irked by leaks from closed meetings       ...       Police shootings weigh on Rogue Valley officers       ...       Wyden pushes for study of gun violence       ...           Here's what you need to earn to buy a home and live comfortably in 27 US cities Comment By Avery Hartmans MailTribune.com By Avery Hartmans Posted Jul. 14, 2016 at 12:01 AM Updated Jul 14, 2016 at 8:35 AM By Avery Hartmans Posted Jul. 14, 2016 at 12:01 AM Updated Jul 14, 2016 at 8:35 AM »  Social News Patrick Smith For those hoping to own a home, there's some good news: The salary required to buy a house and live comfortably is dropping throughout the US. That's according to new data from Finder.com . The personal-finance website calculated salary requirements throughout the nation and found that while home values are on the rise, the average home loan interest rates are decreasing — which means it's getting more affordable for the average American to live comfortably and buy a house. While living "comfortably" may have different definitions for different people, Finder defines it as being able to buy a home (after saving up a 20% deposit), cover typical expenditures, and pay off annual household debt. Since Finder last analyzed the cost of living nationwide, in January , a few things have changed. For those hoping to buy a home in Colorado Springs, Denver, or Harrisburg, it's become more expensive, and New York City jumped up one spot in the ranking. Northern California salary requirements, however, remain the highest in the US. Here's how much you'd have to earn to live comfortably in the 27 most expensive cities in the nation: 27. Providence, Rhode Island Zhelen/Flickr $55,167 salary required to buy a home and live comfortably. 26. Harrisburg, Pennsylvania Nicholas_T via flickr Creative Commons $55,534 salary required to buy a home and live comfortably. 25. Charleston, South Carolina Flickr / David Shankbone $55,537 salary required to buy a home and live comfortably. 24. Rochester, New York Trulia $56,076 salary required to buy a home and live comfortably. See the rest of the story at Business Insider See Also: The most stunning drone photos of the last year PHOTOS: What it's like to hunt Pok�mon through the streets of London This program gives hot startups free office space in New York City for a year ��meet this year's winners SEE ALSO: Elizabeth Warren wants the government to study whether Airbnb puts people �at risk� By Avery Hartmans MailTribune.com By Avery Hartmans Posted Jul. 14, 2016 at 12:01 AM Updated Jul 14, 2016 at 8:35 AM » Comment or view comments   Reader Reaction »  STAY INFORMED   Email NewsLetter   Sign Up Today   Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. Southern Oregon Directory Featured Businesses Loading... Business Name address Location, ST | website.com Find Southern Oregon Attractions Bars Restaurants Beauty Salons Entertainment Doctors Medical Specialists Contractors Education Lawn Services Lawyers Shopping Travel Tanning Used Cars Wedding Services ▼ Add your business here + Events Calendar Connect with MailTribune.com Facebook Twitter RSS Back to top Reader Services Reader Services Home Subscriptions Subscriber controls Contact us Submissions Photos Events Letters to the editor Corrections Announcements Obituaries Story ideas Since you asked Alerts Email Alerts RSS Feeds Text Alerts Advertise Media Kit Home Products and services Ad rates Advertising contacts Propel Marketing Mail Tribune Daily Tidings The Nickel Shop Our Valley Blogs Mobile Site Stay Informed   Email newsletter   Sign Up Today   Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. Your privacy is important, read our privacy policy. © Copyright 2016 Local Media Group, Inc. All Rights Reserved.    Privacy Policy  |  Terms of Service  |  Local Media Group Publications Original content available for non-commercial use under a Creative Commons license, except where noted. MailTribune.com | P.O. Box 1108, Medford, OR 97501