National median new-home price: $196,100
(The builders listed below each offer a house at the median price of the particular market they are in.)
CITY: Las Vegas
Median new-home price: $210,795Builder/Home price: Astoria Homes, $210,990Features: 1,536 square feet; three bedrooms/two-and-a-half baths; two-storyMedian area income: $54,700Maximum affordable monthly housing cost for family with median area income: $1,368Hourly wage needed to afford the rent on a fair-market two-bedroom apartment without spending more than 30 percent of income on housing: $16.46Number of hours needed to work per week at a minimum wage job to afford the rent on a fair-market two-bedroom apartment: 128CITY: Los Angeles/Long Beach, Calif.
Median new-home price: $315,300Builder/Home price: Pardee Homes, $315,990Features: 1,353 square feet; three bedroom/two bath condo unit with two-car garageMedian area income: $50,300Maximum affordable monthly housing cost for family with median area income: $1,258Hourly wage needed to afford the rent on a fair-market two-bedroom apartment without spending more than 30 percent of income on housing: $19.63Number of hours needed to work per week at a minimum wage job to afford the rent on a fair-market two-bedroom apartment: 116CITY: Chicago
Median new-home price: $216,300Builder/Home price: Kennedy Homes, $216,000Features: 3,160 square feet; three bedrooms/ two-and-a-half baths; two-car garageMedian area income: $68,700Maximum affordable monthly housing cost for family with median area income: $1,718Hourly wage needed to afford the rent on a fair-market two-bedroom apartment without spending more than 30 percent of income on housing: $18.29Number of hours needed to work per week at a minimum wage job to afford the rent on a fair-market two-bedroom apartment: 142CITY: Tampa/ St. Petersburg/ Clearwater, Fla.
Median new-home price: $178,700Builder/Home price: Inland Homes, $178,900Features: 2,053 square feet; three bedrooms/two baths; two-storyMedian area income: $49,700Maximum affordable monthly housing cost for family with median area income: $1,243Hourly wage needed to afford the rent on a fair-market two-bedroom apartment without spending more than 30 percent of income on housing: $15.02Number of hours needed to work per week at a minimum wage job to afford the rent on a fair-market two-bedroom apartment: 117CITY: Minneapolis/ St. Paul
Median new-home price: $210,300Builder/ Home price: Orrin Thompson Homes, $208,405Features: 1,516 square feet; two bedrooms/ one bath; two-storyMedian area income: $75,300Maximum affordable monthly housing cost for family with median area income: $1,883Hourly wage needed to afford the rent on a fair-market two-bedroom apartment without spending more than 30 percent of income on housing: $18.29Number of hours needed to work per week at a minimum wage job to afford the rent on a fair-market two-bedroom apartment: 142CITY: Boston
Median new-home price: $297,200Builder/Home Price: DJG Construction, $305,000Features: 1,345 square feet; two bedrooms/ two baths; active-adult communityMedian area income: $80,800Maximum affordable monthly housing cost for family with median area income: $2,020Hourly wage needed to afford the rent on a fair-market two-bedroom apartment without spending more than 30 percent of income on housing: $27.29Number of hours needed to work per week at a minimum wage job to afford the rent on a fair-market two-bedroom apartment: 162CITY: Middlesex/ Somerset/Hunterdon, N.J., PMSA*
Median new-home price: $553,425Builder/Home price: Kalian Cos., $528,712Features: 2,650 square feet; four bedrooms/two-and-a-half baths; two-storyMedian area income: $86,900Maximum affordable monthly housing cost for family with median area income: $2,173Hourly wage needed to afford the rent on a fair-market two-bedroom apartment without spending more than 30 percent of income on housing: $22.38Number of hours needed to work per week at a minimum wage job to afford the rent on a fair-market two-bedroom apartment: 174
*Primary Metropolitan Statistical AreaCITY: Atlanta
Median new-home price: $147,900Builder/Home price: The Knight Group, $147,900Features: 1,806 square feet; three bedrooms/ two-and-a-half baths; two-storyMedian area income: $68,800Maximum affordable monthly housing cost for family with median area income: $1,720Hourly wage needed to afford the rent on a fair-market two-bedroom apartment without spending more than 30 percent of income on housing: $18.15Number of hours needed to work per week at a minimum wage job to afford the rent on a fair-market two-bedroom apartment: 141—Data compiled by J. Sturgeon and P. Curry
Sources: National Low Income Housing Coalition, U.S. Census Bureau, NAHB, National Association Of Realtors, and Local HBAS and Builders
Note: Minimum wage varies from state to state.