Housing costs in Mammoth Lakes?
A typical home costs
$742,400, which is 119.6% more expensive than the national average of
$338,100 and 1.2% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Mammoth Lakes costs
$1,220 per month, which is 14.7% cheaper than the national average of
$1,430 and 76.2% cheaper than the state average of
$2,150.
Can I afford Mammoth Lakes?
To live comfortably in Mammoth Lakes, California, a minimum annual income of
$142,200 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Mammoth Lakes?
The cost of living in Mammoth Lakes, CA is quite high compared to other parts of the state. The median home price in Mammoth Lakes is around $640,000, and rent for a one-bedroom averages around $1,500 per month. Groceries and utilities are also more expensive than they are in most other places in California. Although it may seem like a steep cost to live here, the amenities and quality of life make it well worth the expense. There are plenty of outdoor activities to enjoy year-round due to the great weather and location close to mountains and ski resorts. Additionally, Mammoth Lakes offers an array of dining options, shopping destinations, as well as art galleries and museums.