Housing costs in Los Banos?
A typical home costs
$428,300, which is 26.7% more expensive than the national average of
$338,100 and 41.6% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Banos costs
$1,440 per month, which is 0.7% more than the national average of
$1,430 and 49.3% cheaper than the state average of
$2,150.
Can I afford Los Banos?
To live comfortably in Los Banos, California, a minimum annual income of
$82,080 for a family, and
$47,200 for a single person is recommended.
What does A.I. say about Los Banos?
The cost of living in Los Banos, CA is generally considered to be quite affordable. Groceries, housing, healthcare, and other essentials are all available at reasonable prices. The median home value for the city is around $221,000, which is significantly lower than the California average. This combined with a low unemployment rate makes it a great place to live and work. Utilities such as electricity and cable tend to be cheaper than in many other areas in the state due to competition among service providers. Additionally, there are plenty of dining and shopping options for residents of all tastes and budgets. All things considered, Los Banos offers a great quality of life at an affordable cost.