Housing costs in Oakland?
A typical home costs
$505,700, which is 49.6% more expensive than the national average of
$338,100 and 31.1% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Oakland costs
$2,030 per month, which is 5.6% cheaper than the national average of
$2,150 and 34.0% cheaper than the state average of
$2,720.
Can I afford Oakland?
To live comfortably in Oakland (zip 94621), California, a minimum annual income of
$96,840 for a family, and
$66,800 for a single person is recommended.
What does A.I. say about Oakland?
Oakland, CA is an expensive city to live in with a median house value of $505,700. This is significantly higher than the national average of $338,100. The cost of living in Oakland is also much higher than the US average - at 136.8 compared to 100. With such high housing prices and other costs associated with living in the city, it can be difficult for many to afford living in Oakland. However, the city also offers plenty of job opportunities that can make up for the high cost of living.