Starter-home affordability: Moody's Economy.com provided us with an index of housing affordability based on the cost of a median priced home in each city compared with the median income.

FORBES: Special Report

The housing affordability index gauges the amount of a local, median-priced home (the price at which 50% of homes are more expensive and 50% are less expensive) you can buy if you earn the local median income, given current interest rates.

FORBES: Most Overpriced Places In The U.S. 2006