Housing costs in Torrance?
A typical home costs
$1,038,700, which is 207.2% more expensive than the national average of
$338,100 and 41.6% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Torrance costs
$2,510 per month, which is 75.5% more than the national average of
$1,430 and 14.3% more than the state average of
$2,150.
Can I afford Torrance?
To live comfortably in Torrance, California, a minimum annual income of
$199,080 for a family, and
$78,800 for a single person is recommended.
What does A.I. say about Torrance?
Living in Torrance, California is quite expensive when compared to most U.S cities; median house prices stand near $740K while rent for a single bedroom typically varies between approximately $2,100 - 2,700 depending on area or building type selected. Prices for necessities such as food and utilities can often exceed American averages whereas taxes tend to be higher than some of the other parts of Los Angeles County due to its standing just south Los Angeles metropolitan region .