Housing costs in Monument Hills?
A typical home costs
$824,700, which is 143.9% more expensive than the national average of
$338,100 and 12.4% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Monument Hills costs
$1,680 per month, which is 17.5% more than the national average of
$1,430 and 28.0% cheaper than the state average of
$2,150.
Can I afford Monument Hills?
To live comfortably in Monument Hills, California, a minimum annual income of
$158,040 for a family, and
$50,800 for a single person is recommended.
What does A.I. say about Monument Hills?
Living in Monument Hills, CA can be quite expensive. The median home value is well over $500,000, and the cost of living is much higher than the national average. Groceries are particularly pricey, with staples like bread and eggs costing more than double what they do in other parts of California. Utilities are also expensive, as electricity rates are among the highest in the United States. Taxes can also add up quickly, with a high state income tax rate and added local taxes for things like sales and property taxes. Despite the high cost of living, many people choose to live in Monument Hills due to its proximity to major cities such as Los Angeles and San Francisco.