The National Housing Conference recently updated its Paycheck to Paycheck database, which illustrates the ability — or lack thereof — of working families to afford typical housing in metropolitan areas by comparing wage data and housing costs.

The report shows that, in the San Diego metropolitan area, a family must earn $231,456 annually to afford the purchase of a home with a 10% down payment. The average income per person is $65,195, so even a household with two adults earning the average salary would be woefully short of the ability to purchase a home in our region.

What does that mean a family would have to give up in order to purchase a home to provide stability and a better future? Reliable transportation? Healthy food? Medical care? The cost of home should never be that much. That’s why the work we do at Habitat is so important.

learn more about the cost of home