Housing costs in Loomis?
A typical home costs
$794,200, which is 134.9% more expensive than the national average of
$338,100 and 8.3% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Loomis costs
$2,030 per month, which is 42.0% more than the national average of
$1,430 and 5.9% cheaper than the state average of
$2,150.
Can I afford Loomis?
To live comfortably in Loomis, California, a minimum annual income of
$152,280 for a family, and
$64,800 for a single person is recommended.
What does A.I. say about Loomis?
The cost of living in Loomis, CA is generally considered to be higher than the national average. The median home value is around $644,000 and the median rent price is around $2,200 per month. Additionally, the monthly cost of goods and services like groceries and utilities are also higher compared to the rest of California and the United States. Although the cost of living may be a bit high for some, many residents find it worth it given all that Loomis has to offer such as its small town charm, beautiful scenery, rural landscapes, top-notch schools, and excellent outdoor activities.