Housing costs in Isla Vista?
A typical home costs
$1,489,400, which is 340.5% more expensive than the national average of
$338,100 and 103.1% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Isla Vista costs
$3,250 per month, which is 127.3% more than the national average of
$1,430 and 33.8% more than the state average of
$2,150.
Can I afford Isla Vista?
To live comfortably in Isla Vista, California, a minimum annual income of
$285,480 for a family, and
$114,400 for a single person is recommended.
What does A.I. say about Isla Vista?
The cost of living in Isla Vista, CA is relatively high compared to other areas of the state. The median home price in this area is $717,300, which is nearly double the statewide median. Renters can expect to pay approximately $2,000 a month for a one-bedroom apartment and $3,500 a month for a two-bedroom apartment. Groceries and other necessities are also more expensive than average in Isla Vista. In addition to higher rent and cost of goods, residents should also factor in the sales tax rate (7.75%) when making budgeting decisions. Fortunately, the city provides plenty of job opportunities and entertainment options that make the cost of living worth it.