Most affordable cities

WalletHub -  In order to determine the most affordable cities for home buyers, WalletHub compared 300 U.S. cities across ten key metrics. The data set ranges from the costs of homes and their maintenance to tax rates and vacancy rates.
 

Most Affordable Cities		Least Affordable Cities
1. Flint, MI		291. Pasadena, CA
2. Detroit, MI		292. New York, NY
3. Pittsburgh, PA		293. Burbank, CA
4. Surprise, AZ		294. Los Angeles, CA
5. Akron, OH		295. Glendale, CA
6. Yuma, AZ		296. Irvine, CA
7. Memphis, TN		297. Costa Mesa, CA
8. Augusta, GA		298. Berkeley, CA
9. Fort Wayne, IN		299. Santa Monica, CA
10. Indianapolis, IN		300. Santa Barbara, CA

 
Best vs. Worst

• Flint, Michigan, has the most affordable housing (median house price divided by median annual household income) which is 9.7 times cheaper than in Santa Barbara, California, the city with the least affordable housing.
   
• Honolulu has the lowest median real-estate tax rate which is 10 times lower than in Paterson, New Jersey, the city with the highest.
   
• Flint, Michigan, has the highest rent-to-price ratio which is 14 times higher than in Santa Monica, California, the city with the lowest.
   
• Boise, Idaho, has the highest median home price appreciation which is 6.3 times higher than in Stamford, Connecticut, the city with the lowest.
   
• Miami Beach, Florida, has the highest vacancy rate which is 17.9 times higher than in Fontana, California, the city with the lowest.

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