By Emmie Martin | CNBC
Housing costs aren’t the only factor that determines whether or not you can afford to live in a certain city. How much you earn matters, too.
To identify the most affordable places across the U.S., SmartAsset calculated the total cost for five expenses associated with owning a home, including mortgage payments and property taxes over five years, as a proportion of each area’s median household income.
In terms of affordability, the South came out on top, claiming half of the top 10 spots.
