Housing costs in Rancho Santa Margarita?
A typical home costs
$863,100, which is 155.3% more expensive than the national average of
$338,100 and 17.7% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Rancho Santa Margarita costs
$3,070 per month, which is 114.7% more than the national average of
$1,430 and 30.0% more than the state average of
$2,150.
Can I afford Rancho Santa Margarita?
To live comfortably in Rancho Santa Margarita, California, a minimum annual income of
$165,240 for a family, and
$102,400 for a single person is recommended.
What does A.I. say about Rancho Santa Margarita?
Rancho Santa Margarita, CA has an overall above average cost of living thanks largely in part to its high real estate values and tax rates when compared other places within California and the nation as a whole but can vary depending on neighborhood so one must shop around if they want the best deal available during their search for a place to call home here too.