<prompt> Human: I need your help rpersonalfinance. I make 94,000 a year. I have no debts. I have a wife and a 2.5 year old. I live in North NJ. Other expenses - We own two cars paid for, send my son to daycare 400 per month. Normal bills related to cell phone, cable, etc. Currently rent is 1150 per month with 100 gaselectric bill.So, what price house can I afford? Any insight will be appreciated. Thanks!  <response>: Probably 300k or so. That doesnt buy much in NJ let alone near the city. Do you work in NYC? Odds of affording something near the city is very slim. 