In today's installment of news-that-made-us-gasp, buying a home in a city means you'll be paying way-above-average shares of your income.
In fact, in 22 of 35 major American cities, you'll be paying more than the national median of 20% of your income on a mortgage.
You can expect to spend the biggest portion of your paycheck on your mortgage —46.8% — if you live in Los Angeles, according to stats from Zillow. Five more California towns fall high on the above-average list, including San Francisco, San Diego, San Jose, Sacramento and Riverside.
If you're hoping for a little more wiggle room in your budget (like enough to actually afford to eat), consider shopping in Pittsburgh, Cleveland or St. Louis, all of which require about 12% to 13% of the median income for monthly mortgage payments.
Or if the next up-and-coming city is more your speed, you might be interested in some of the most popular housing markets in the country right now.
According to an index from ATTOM Data Solutions, the ratio of mortgage applications (including an estimated loan settlement date, meaning it'll likely close within 30 days) to the number of homes in a given market are highest in these 10 cities:
Cities Where People Want to Buy a Home Most
1. Colorado Springs, Colorado
Number of Homes: 218,034
Average Property Value: $263,960
2. Charleston-North Charleston, South Carolina
Number of homes: 230,381
Average property value: $359,157
3. Raleigh, North Carolina
Number of homes: 386,744
Average property value: $235,513
4. Tampa-St. Petersburg-Clearwater, Florida
Number of homes: 1,041,157
Average property value: $229,571
5. Washington-Arlington-Alexandria, District of Columbia-Virginia-Maryland-West Virginia
Number of homes: 1,840,922
Average property value: $486,711
6. Lexington-Fayette, Kentucky
Number of homes: 115,422
Average property value: $214,785
7. Jacksonville, Florida
Number of homes: 490,967
Average property value: $198,053
8. Orlando-Kissimmee-Sanford, Florida
Number of homes: 738,302
Average property value: $246,020
9. Lancaster, Pennsylvania
Number of homes: 147,076
Average property value: $167,674
10. Nashville-Davidson-Murfreesboro-Franklin, Tennessee
Number of homes: 614,297
Average property value: $271,580
They also considered the share of affordable homes and access to jobs in each area. The housing competition in these areas may be stiff, but they also present promising markets for those willing to trade the bustle of city life for that of the mountains, the beach or Southern charm.