Housing costs in Monterey?
A typical home costs
$764,900, which is 126.2% more expensive than the national average of
$338,100 and 4.3% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Monterey costs
$2,680 per month, which is 87.4% more than the national average of
$1,430 and 19.8% more than the state average of
$2,150.
Can I afford Monterey?
To live comfortably in Monterey Califor County, California, a minimum annual income of
$146,520 for a family, and
$87,600 for a single person is recommended.
What does A.I. say about Monterey?
Monterey, CA County is known for its high cost of living. The median house value in the county is $764,900, which is more than double that of the US average house value of $338,100. Additionally, the cost of living in Monterey County is 151.9 compared to the US average of 100. This shows that the cost of living in Monterey County is much higher than in other parts of the United States and should be taken into account when considering relocating to this area.