A house in San Francisco is an expensive investment.
So is renting a car in a neighborhood with high rents.
But for those with limited means, these investments could be worth the investment.
Read moreWhat you need to know about housing at an economic level is one of the few things we know.
But as we move from one state to another, we are also becoming more aware of the other parts of the economic picture.
This infographic from RealClearEconomics explains how much housing is affordable in each state, based on Census data.
The infographic shows a range of prices, from $1,000 to $2,500, for a typical home in each of the 50 states and Washington, D.C. But in the majority of cases, you’ll want to consider the median price of your market, which can be a better gauge of affordability.
For example, the median home in San Jose, California, is $1.4 million, or $4,000 more than the median house in the state of California.
But San Jose residents are much less likely to live in high-cost areas, and are more likely to commute by car.
That means a median home will have higher costs for a smaller amount of money.