Housing costs in Half Moon Bay?
A typical home costs
$1,472,800, which is 335.6% more expensive than the national average of
$338,100 and 100.8% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Half Moon Bay costs
$3,180 per month, which is 122.4% more than the national average of
$1,430 and 32.4% more than the state average of
$2,150.
Can I afford Half Moon Bay?
To live comfortably in Half Moon Bay, California, a minimum annual income of
$282,240 for a family, and
$106,400 for a single person is recommended.
What does A.I. say about Half Moon Bay?
The cost of living in Half Moon Bay, CA is higher than many other areas in the US, but the city still remains an attractive place to live due to its gorgeous natural beauty and vibrant community. The median home value in Half Moon Bay is $1.3 million, significantly higher than the national average of $229,700. However, despite these high home values, Half Moon Bay maintains a low unemployment rate of 3.4%, which helps to keep housing prices stable and affordable for residents and visitors alike. Additionally, the median household income in Half Moon Bay is $97,811 — more than double the national average — meaning that residents have access to plenty of job opportunities and disposable income. All in all, while living in Half Moon Bay may come with a steeper price tag than other areas of California or even elsewhere in the US, it offers a high quality of life that is worth every penny spent!