Housing costs in Redwood City?
A typical home costs
$1,610,500, which is 376.3% more expensive than the national average of
$338,100 and 119.6% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Redwood City costs
$3,560 per month, which is 149.0% more than the national average of
$1,430 and 39.6% more than the state average of
$2,150.
Can I afford Redwood City?
To live comfortably in Redwood City, California, a minimum annual income of
$308,520 for a family, and
$119,200 for a single person is recommended.
What does A.I. say about Redwood City?
Redwood City delivers an attractive option for costlier living based somewhere inside California’s San Mateo County featuring medians standing firm around the high-$1000s and rental rates shortly come in a bit closer to upwards of 4 thousand dollars generally - notably higher compared to beach side cities like East Palo Alto or Burlingame which are located much further westward. Groceries also stay completely equal with US figures thanks largely to local taxes & regulations while sales tax amounts out unaltered at no less than 9%.