The Least Affordable Cities For Workers?

Before you go, we thought you'd like these...
Before you go close icon
work hours pay rentBy Matthew Tarpey

Most experts agree that about one-third of your salary should go toward paying rent. Unfortunately, in some cities that's a tough goal to achieve.

Using data from Economic Modeling Specialists International, along with average rent costs provided by numbeo.com, we've determined how many hours in the office it takes for a person making an average salary to cover the average rent in the 10 biggest U.S. cities. The numbers are based on a 40-hour workweek and a 50-week work year. Keep in mind that working 40 hours a week adds up to about 160 hours in the office each month.

1. New York
  • Average earnings: $69,400.
  • Average hourly salary: $34.70.
  • Average apartment rent (1 bedroom, in city center): $2,675.*
  • Hours to cover rent: 77.1.

2. Los Angeles
  • Average earnings: $56,400.
  • Average hourly salary: $28.20.
  • Average apartment rent (1 bedroom, in city center): $1,425.
  • Hours to cover rent: 50.5.

More:This Is What Your Co-Worker Earns

3. Chicago
  • Average earnings: $57,800.
  • Average hourly salary: $28.90.
  • Average apartment rent (1 bedroom, in city center): $1,500.
  • Hours to cover rent: 51.9.

4. Houston
  • Average earnings: $61,200.
  • Average hourly salary: $30.60.
  • Average apartment rent (1 bedroom, in city center): $1,200.
  • Hours to cover rent: 39.2.

5. Philadelphia
  • Average earnings: $69,400.
  • Average hourly salary: $34.70.
  • Average apartment rent (1 bedroom, in city center): $2,675.
  • Hours to cover rent: 77.1.

More:The Disturbing Reality About Being A Low-Wage Retail Worker

6. Phoenix
  • Average earnings: $59,000.
  • Average hourly salary: $29.50.
  • Average apartment rent (1 bedroom, in city center): $1,325.
  • Hours to cover rent: 44.9.

7. San Diego
  • Average earnings: $55,400.
  • Average hourly salary: $27.70.
  • Average apartment rent (1 bedroom, in city center): $1,325.
  • Hours to cover rent: 47.8.

More:Colleges With The Lowest-Paid Graduates

8. San Antonio
  • Average earnings: $45,600.
  • Average hourly salary: $22.80.
  • Average apartment rent (1 bedroom, in city center): $700.
  • Hours to cover rent: 30.7.

9. Dallas
  • Average earnings: $54,800.
  • Average hourly salary: $27.40.
  • Average apartment rent (1 bedroom, in city center): $1,000.
  • Hours to cover rent: 36.5.

10. San Jose, Calif.
  • Average earnings: $94,900.
  • Average hourly salary: $47.45.
  • Average apartment rent (1 bedroom, in city center): $1,700.
  • Hours to cover rent: 35.8.

*Rentals based on http://www.numbeo.com/cost-of-living/country_result.jsp?country=United+States.

Matthew Tarpey is a writer and blogger for CareerBuilder.com and its job blog, The Work Buzz.


The Cheapest and Most Expensive Places to Live


Don't Miss: Companies Hiring Now

Related Stories

Read Full Story

From Our Partners