In 2025, housing affordability remains a major issue across the US, straining household budgets.
New data shows that in several states, housing costs now exceed 50% of avg household income, well above the 30% affordability threshold.
In Nevada, rising property values have pushed housing costs to 35.3% of avg household income.
Both homeowners and renters are feeling the impact, with mortgage payments, rent, and utility bills taking up large portions of income.
Experts advise strategies like improving credit, reducing energy use, and making housing a top budgeting priority.
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