NEW YORK (TheStreet) -- Most Americans want to live in a nice place, but that often means spending more on housing than they can really afford. Here are 10 places around the country where the living is great but takes a huge chunk out of your paycheck.
Take Duarte, Calif. (91008), for instance. Its 1,122 residents pay a median of $2,000 a month in rent and the median home price there is $952,100. Further, those who own homes pay about 30% of their paychecks each month to maintain them while those who rent pay about 50% of their paychecks to do so -- rates that are among the highest in the nation.
Real estate company Movoto combed through about 28,000 U.S. zip codes that had enough data available (there are about 43,000 total U.S. zip codes) and then ranked the zip codes that had the highest rents and median home prices as well as the highest percentage of income used to pay for those living costs.
Here are the top-ten zip codes in the U.S. where people want to live but can't really afford it, ranked least expensive to most expensive.
10. Seal Beach, Calif. (90743) -- surfer community
Median home price is above $1,000,000 and median rent is more than $2,000. Locals who own spend 38% of their incomes on home costs and those who rent spend 41.7% on rent.