Housing costs in Riverside-San Bernardino-Ontario?
A typical home costs
$529,600, which is 56.6% more expensive than the national average of
$338,100 and 27.8% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Riverside-San Bernardino-Ontario costs
$1,750 per month, which is 22.4% more than the national average of
$1,430 and 22.9% cheaper than the state average of
$2,150.
Can I afford Riverside-San Bernardino-Ontario?
To live comfortably in Riverside-San Bernardino-Ontario Califor Metro Area, California, a minimum annual income of
$101,520 for a family, and
$56,000 for a single person is recommended.
What does A.I. say about Riverside-San Bernardino-Ontario?
The cost of living in Riverside-San Bernardino-Ontario, CA Metro Area is considerably higher than the national average. According to recent figures, the median house value in this area is $529600 which is almost double the US average of $338100. The overall cost of living index is also significantly higher at 129.4 compared to the US average of 100. Although housing prices are higher, they are offset by lower taxes and a more diverse job market that includes many industries such as manufacturing, health care, agriculture and tourism. In addition to these economic benefits, residents also enjoy a mild climate year-round and access to mountain ranges and deserts nearby for outdoor activities.