Housing costs in Moraga?
A typical home costs
$1,586,800, which is 369.3% more expensive than the national average of
$338,100 and 116.3% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Moraga costs
$2,810 per month, which is 96.5% more than the national average of
$1,430 and 23.5% more than the state average of
$2,150.
Can I afford Moraga?
To live comfortably in Moraga, California, a minimum annual income of
$304,200 for a family, and
$92,000 for a single person is recommended.
What does A.I. say about Moraga?
The cost of living in Moraga, CA is higher than the national average but still within a reasonable range. The median home value in Moraga is around $1 million, and the median household income is about $133K. Prices for basic necessities such as groceries and utilities are also higher than the national average but not so much so that they become prohibitively expensive. Additionally, the local government provides tax credits and other incentives to homeowners in order to provide relief from the high costs associated with owning a home in Moraga. Overall, living in Moraga can be quite expensive compared to other parts of California, but it's a great place to live if you understand and manage your finances wisely.