Housing costs in Big Bear Lake?
A typical home costs
$586,600, which is 73.5% more expensive than the national average of
$338,100 and 20.0% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Big Bear Lake costs
$1,360 per month, which is 4.9% cheaper than the national average of
$1,430 and 58.1% cheaper than the state average of
$2,150.
Can I afford Big Bear Lake?
To live comfortably in Big Bear Lake, California, a minimum annual income of
$112,320 for a family, and
$43,200 for a single person is recommended.
What does A.I. say about Big Bear Lake?
Big Bear Lake, CA is an affordable place to live. The cost of living here is about 10% lower than the national average, with housing costs being particularly low. Renters can find a one-bedroom apartment or house for between $650 to $1,000 per month, while homeowners can enjoy low taxes and down payments as low as 5%. Property values are generally low in Big Bear Lake, making it a great place to invest in real estate. Groceries and everyday items tend to be inexpensive too, creating a budget-friendly environment for residents that live here.