Housing costs in South El Monte?
A typical home costs
$663,400, which is 96.2% more expensive than the national average of
$338,100 and 9.6% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in South El Monte costs
$1,880 per month, which is 31.5% more than the national average of
$1,430 and 14.4% cheaper than the state average of
$2,150.
Can I afford South El Monte?
To live comfortably in South El Monte, California, a minimum annual income of
$127,080 for a family, and
$59,200 for a single person is recommended.
What does A.I. say about South El Monte?
The cost of living in South El Monte, CA is quite affordable compared to other cities in the Los Angeles area. The median home price for South El Monte is around $560,000, which is much lower than the average of the Los Angeles-Long Beach-Anaheim Metropolitan area. Additionally, utilities are generally low and rent prices are more affordable than many of the surrounding cities. Despite being close to bustling downtown LA, South El Monte offers its residents an ideal combination of short commutes and a calm suburban atmosphere at a fraction of the cost.