Housing costs in Cherokee?
A typical home costs
$487,700, which is 44.2% more expensive than the national average of
$338,100 and 33.5% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Cherokee costs
$1,060 per month, which is 25.9% cheaper than the national average of
$1,430 and 102.8% cheaper than the state average of
$2,150.
Can I afford Cherokee?
To live comfortably in Cherokee, California, a minimum annual income of
$93,600 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Cherokee?
Cherokee, CA has a cost of living that is slightly higher than the national average. The median home value in Cherokee is $402,800 and the median household income is $57,965. Residents of Cherokee enjoy low taxation rates, with property taxes averaging only 0.73%. The overall cost of living in Cherokee is still quite affordable, making it an ideal place for those looking for a balance of affordability and quality of life. Grocery costs are relatively reasonable compared to other parts of California while utility bills tend to be lower due to the area's mild climate. Additionally, there are several recreational activities available nearby that provide plenty of entertainment options at an affordable price.