Mortgage Comparison: USA: Los Angeles vs USA: New York City!

And heres today's daily fix of mortgage comparisons! This special edition focusing on the two biggest city's in the USA ;D

Now here we have the USA, the city of Los Angeles!,

Los Angeles is the most populous city in California and the second most populous in the United States, after New York City, with a population of 3.8 million, on a land area of 498.3 square miles (1,290.6 km2). It is the focal point of the larger Los Angeles-Long Beach-Riverside combined statistical area, which contains nearly 17.8 million people and which is one of the most populous metropolitan areas in the world. Los Angeles is also the seat of Los Angeles County, the most populated and one of the most multicultural counties in the United States. The city's inhabitants are referred to as "Angelenos"

Average House Price: $300,000

Average Mortgage:  $345,000

VS 

And here we have the USA again, the city of New York!

New York is the most populous city in the United States and the center of the New York metropolitan area, which is one of the most populous metropolitan areas in the world. New York City has a significant impact on global commerce, finance, media, culture, art, fashion, research, education, and entertainment. As host of the United Nations Headquarters, it is also an important center for international affairs. The city is often referred to as New York City or the City of New York, to distinguish it from the state of New York, of which it is a part.

Average House Price: $350,000

Average Mortgage:  $392,200

So theres the facts guys, mortgage prices for both city's are very similar, with new york being slightly more expensive, but not by much. Where would you prefer to live? ;D