Another tongue-in-cheek metric we like to joke about is Nobel prizes/house, i.e. how many Nobel prizes you would have to win to afford a home. Recent Nobel pri

Another tongue-in-cheek metric we like to joke about is Nobel prizes/house, i.e. how many Nobel prizes you would have to win to afford a home. Recent Nobel prize award was about $1.2 million. Median prices in Palo Alto is about $2.4 million so the affordability is 2.0 Nobel prizes / house in Palo Alto. The caveat is that you have to be a solo prize winner, otherwise the award amount will be split. http://www.zillow.com/palo-alto-ca/home-values/ http://www.zillow.com/palo-alto-ca/home-values/