Housing costs in Merced?
A typical home costs
$373,000, which is 10.3% more expensive than the national average of
$338,100 and 49.1% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Merced costs
$1,280 per month, which is 10.5% cheaper than the national average of
$1,430 and 68.0% cheaper than the state average of
$2,150.
Can I afford Merced?
To live comfortably in Merced, California, a minimum annual income of
$71,640 for a family, and
$42,000 for a single person is recommended.
What does A.I. say about Merced?
Merced provides an interesting opportunity for reasonably priced living situated somewhere within California’s Merced County featuring medians hovering around the mid-$400s and rental rates come in a bit closer to upwards of 1.7 thousand dollars respectively - both slightly cheaper compared to beach side cities like Gilroy or Watsonville located much further down southward. Grocery stores equally hover just below US averages due largely to local taxes & regulations while sales tax totals out constant at 7%.