Housing costs in San Simeon?
A typical home costs
$325,600, which is 3.7% less expensive than the national average of
$338,100 and 55.6% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in San Simeon costs
$1,700 per month, which is 18.9% more than the national average of
$1,430 and 26.5% cheaper than the state average of
$2,150.
Can I afford San Simeon?
To live comfortably in San Simeon, California, a minimum annual income of
$62,280 for a family, and
$51,600 for a single person is recommended.
What does A.I. say about San Simeon?
San Simeon, CA is an expensive area to live in. The median home cost is around $524,000 which is much higher than the state average of $552,400. Renters will find themselves paying quite a bit more than in other parts of the state with the median rent price coming in at around $1,719 per month. Groceries and other essentials are also pricier than in some other areas of California due to its relative remoteness. All these things considered, it can be difficult for those with low-income jobs or limited savings to afford life in San Simeon.