04/26/2026
Luxury living comes at a cost—but that cost varies widely across the U.S., according to new data from Realtor.com.
In New York, a high-end home averages $5.49 million, requiring a minimum annual salary of $1.15 million. Meanwhile, in West Virginia, luxury real estate starts at just $750,000, with an income of $158,000 needed to afford it.
“The price of luxury homes differs significantly across the country,” says Realtor.com senior economic research analyst Hannah Jones. “In states like New York and Hawaii, luxury homes exceed $5 million, while in more affordable states like West Virginia, Iowa, Indiana, and Mississippi, the threshold is under $800,000.”