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Syracuse ranks number one for the most affordable place to live

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Here's more bragging rights: Syracuse has been the "most affordable city to buy a house" for five years.

2010-05-04-dl-cloud.JPGClinton Square in downtown Syracuse

CNN Money ranks Syracuse as the most affordable city in the U.S. Syracuse snatched the title from Indianapolis. According to CNN, affordability is high here because home prices are so low. The median home sells for under $65,000. The national average income is $64,400.

Here's our stats:
• Median home price: $88,000
• Median income: $64,300
• Affordability score: 97.2%

Here's the top five most affordable cities:
1. Syracuse
2. Indianapolis
3. Detroit
4. Youngstown, Ohio
5. Buffalo

Here are the top five least affordable cities:
1. New York City
2. San Francisco
3. Santa Ana, Calif.
4. Los Angeles
5. Honolulu


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