Housing costs in Hermosa Beach?
A typical home costs
$1,992,000, which is 489.2% more expensive than the national average of
$338,100 and 171.6% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Hermosa Beach costs
$3,370 per month, which is 135.7% more than the national average of
$1,430 and 36.2% more than the state average of
$2,150.
Can I afford Hermosa Beach?
To live comfortably in Hermosa Beach, California, a minimum annual income of
$381,600 for a family, and
$106,000 for a single person is recommended.
What does A.I. say about Hermosa Beach?
Hermosa Beach, CA is known for its beautiful beaches and relaxed atmosphere, but it also comes with a cost. The cost of living in Hermosa Beach is significantly higher than the national average. According to BestPlaces, the cost of living index in Hermosa Beach is 131.73, which is 31.73% higher than the US average of 100. Housing costs are particularly expensive, with an estimated average price for renting a one bedroom apartment at around $3,000 per month. Despite the high price tag associated with living in Hermosa Beach, many find that it's worth the investment thanks to its abundance of attractions and relaxed lifestyle.