Housing costs in Colfax?
A typical home costs
$481,800, which is 42.5% more expensive than the national average of
$338,100 and 34.3% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Colfax costs
$1,770 per month, which is 23.8% more than the national average of
$1,430 and 21.5% cheaper than the state average of
$2,150.
Can I afford Colfax?
To live comfortably in Colfax, California, a minimum annual income of
$92,160 for a family, and
$56,400 for a single person is recommended.
What does A.I. say about Colfax?
The cost of living in Colfax, CA is reasonably affordable compared to many parts of California. According to the 2019 BestPlaces, the median home value in Colfax is $246,100, which is significantly lower than the national median of $255,500. Additionally, the median rent for a one-bedroom apartment is estimated at around $1,095 per month. The cost of groceries and other basic necessities are also relatively low when compared with other nearby cities. Overall, living in Colfax can be an affordable option for those looking for a more rural lifestyle with access to urban amenities nearby.