Housing costs in Lake California?
A typical home costs
$288,800, which is 14.6% less expensive than the national average of
$338,100 and 60.6% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Lake California costs
$1,250 per month, which is 12.6% cheaper than the national average of
$1,430 and 72.0% cheaper than the state average of
$2,150.
Can I afford Lake California?
To live comfortably in Lake California, California, a minimum annual income of
$55,440 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Lake California?
The cost of living in Lake California, CA is relatively high compared to other cities in the state. The median home price is $710,000, with some of the more desirable neighborhoods reaching into the millions. Rent prices are also on the higher side with a one bedroom in an average neighborhood averaging around $1,800 per month. Transportation costs for public transportation and gas are also expensive. Groceries can be found for competitive prices throughout the city but dining out and entertainment will add up quickly.