Housing costs in Belmont?
A typical home costs
$2,015,200, which is 496.0% more expensive than the national average of
$338,100 and 174.7% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Belmont costs
$3,520 per month, which is 146.2% more than the national average of
$1,430 and 38.9% more than the state average of
$2,150.
Can I afford Belmont?
To live comfortably in Belmont, California, a minimum annual income of
$386,280 for a family, and
$117,600 for a single person is recommended.
What does A.I. say about Belmont?
Belmont, CA is a high cost of living area, with median home values at around $1.3 million dollars and median monthly rent prices hovering around $4,300. The overall cost of living in Belmont is quite high due to the fact that it is located in the heart of Silicon Valley. Groceries and transportation are also more expensive than average in this area. Despite this, many people choose to live in Belmont due to its close proximity to major technology hubs, its excellent schools and access to recreational activities.