Here’s what a million dollars buys you across the USA

Across 17 American cities, here's much square footage $1M is worth

Oct.October 14, 2017 05:19 PM

(Pexels, D. Ramey Logan)

Not all locations are created equal. One million dollars gets you a different sized house depending on where you’re buying, Business Insider discovered.

Analyzing data from houses priced between $995,000 to $1.1 million, here’s how much square footage you get for a million bucks across 17 U.S. housing markets.

1. New York

Listing price: $995,000
Square feet: 822
Price per square foot: $1,210

2. Los Angeles

(Andrew Zarivny/Shutterstock)

Listing price: $999,000
Square feet: 1,407
Price per square foot: $710

3. Chicago


Listing price: $1,000,000
Square feet: 2,300
Price per square foot: $435

4. Dallas

(Wikimedia Commons)

Listing price: $999,000
Square feet: 3,469
Price per square foot: $288

5. Houston

Listing price: $995,000
Square feet: 4,424
Price per square foot: $225

6. Washington, DC

Listing price: $999,000
Square feet: 1,300
Price per square foot: $768

7. Philadelphia
Listing price: $1,100,000
Square feet: 2,400
Price per square foot: $458

8. Miami

Listing price: $995,000
Square feet: 2,898
Price per square foot: $343

9. Atlanta

(Wikimedia Commons)

Listing price: $999,000
Square feet: 6,854
Price per square foot: $146

10. Boston

(Shutterstock/Marcio Jose Bastos Silva)

Listing price: $1,050,000
Square feet: 1,285
Price per square foot: $817

11. San Francisco


Listing price: $995,000
Square feet: 1,100
Price per square foot: $905

12. Phoenix

(Wikimedia Commons)

Listing price: $995,000
Square feet: 3,173
Price per square foot: $314

13. Riverside/San Bernardino

(D. Ramey Logan)

Listing price: $999,890
Square feet: 4,078
Price per square foot: $245

14. Detroit


Listing price: $999,000
Square feet: 5,023
Price per square foot: $199

15. Seattle


Listing price: $995,000
Square feet: 2,140
Price per square foot: $465

16. Minneapolis


Listing price: $1,000,000
Square feet: 2,060
Price per square foot: $485

17. San Diego

(Tuxyso/Wikimedia Commons)

Listing price: $1,050,000
Square feet: 1,850
Price per square foot: $568

[Business Insider]

Related Articles

40 East 72nd Street (Credit: Google Maps)

Nightmare on E. 72nd Street raises question: Are small condos risky?

Jed Garfield of Leslie J. Garfield; Richard Grossman, president of Halstead Real Estate; Sarah Saltzberg, principal broker and CEO of Bohemia Realty Group; Douglas Elliman’s Howard Lorber

NYC brokers slam bias, promise action after Newsday exposé

The bombshell probe also found that minorities had to meet more stringent financial qualifications than white buyers. (Credit: iStock)

LI agents routinely discriminate against minority buyers, undercover probe finds

Zillow CEO Rich Barton (Credit: iStock)

Zillow and Opendoor aren’t making much on home-flipping

This week, the State Department of Taxation and Finance issued a new memo that notably made no mention of condos. (Credit: iStock)

Regulators quietly change stance on condos in LLC law

Realogy CEO Ryan Schneider (Credit: iStock)

Realogy’s plan to stop the iBuyers from gaining a foothold in Chicago

Jerome Powell and New York City construction in October 2019 (Credit: Getty Images)

The Fed lowers rates, and once again real estate is loving it

Housing and Urban Development Secretary Ben Carson (Credit: Getty Images, iStock)

HUD wants to jumpstart bank lending on low-income homes