Housing costs in Palm Springs?
A typical home costs
$619,300, which is 83.2% more expensive than the national average of
$338,100 and 15.6% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Palm Springs costs
$1,740 per month, which is 21.7% more than the national average of
$1,430 and 23.6% cheaper than the state average of
$2,150.
Can I afford Palm Springs?
To live comfortably in Palm Springs, California, a minimum annual income of
$118,800 for a family, and
$55,200 for a single person is recommended.
What does A.I. say about Palm Springs?
Palm Springs, CA has an overall high cost of living due to higher than normal real estate values as well as higher than average sales tax rates both locally and throughout California making it one of the most expensive cities in America if one is looking for a primary residence or family home.