Housing costs in Malaga?
A typical home costs
$232,400, which is 31.3% less expensive than the national average of
$338,100 and 68.3% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Malaga costs
$1,260 per month, which is 11.9% cheaper than the national average of
$1,430 and 70.6% cheaper than the state average of
$2,150.
Can I afford Malaga?
To live comfortably in Malaga, California, a minimum annual income of
$44,640 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Malaga?
Malaga, CA is a relatively affordable place to live. The cost of living is lower than the national average, making it an attractive location for those looking for a reasonably priced city to settle into. The median home value in Malaga is approximately $232,000, which is significantly lower than the national median of $285,700. Additionally, the median household income for Malaga is around $45,000 per year. The cost of groceries and health care are also lower than the national averages. Overall, Malaga offers a relatively inexpensive cost of living that makes it an appealing option for many people looking to move somewhere affordable and comfortable.