2. Boston
Median listing price: $725,000
Percentage of households that can’t afford a home: 75.7 percent
If you want to own a home in the capital of Massachusetts, you would need an annual income of $122,160 to comfortably pay the $3,054 monthly mortgage on a home with a median listing price of $725,000. However, that’s nearly double the median household income of $63,621. As a result, three-quarters of Boston’s households can’t afford to buy a home.