Housing costs in Palmdale?
A typical home costs
$444,900, which is 31.6% more expensive than the national average of
$338,100 and 39.3% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Palmdale costs
$2,210 per month, which is 54.5% more than the national average of
$1,430 and 2.7% more than the state average of
$2,150.
Can I afford Palmdale?
To live comfortably in Palmdale, California, a minimum annual income of
$85,320 for a family, and
$69,600 for a single person is recommended.
What does A.I. say about Palmdale?
Palmdale, CA has a much higher cost of living than the US average. According to recent statistics, the cost of living in Palmdale is 131.5 compared to the US average of 100. This means that it can be more expensive to buy everyday items such as food and rent in Palmdale. Additionally, the median value for a home in Palmdale is $444,900 which is significantly higher than the US average of $338,100. Therefore, if you are looking to purchase a house in this area, it is important to consider the higher cost of living when making your decision.