Housing costs in El Cerrito?
A typical home costs
$1,093,700, which is 223.5% more expensive than the national average of
$338,100 and 49.1% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in El Cerrito costs
$2,500 per month, which is 74.8% more than the national average of
$1,430 and 14.0% more than the state average of
$2,150.
Can I afford El Cerrito?
To live comfortably in El Cerrito, California, a minimum annual income of
$209,520 for a family, and
$82,000 for a single person is recommended.
What does A.I. say about El Cerrito?
The cost of living in El Cerrito, CA is slightly higher than the national average, but still considered quite affordable. The median home value in the city sits just above $650,000, making it more expensive than other areas of the Bay Area. However, with rent for a one-bedroom apartment coming in at an average of $2,100 per month and other basic costs like groceries and utilities remaining relatively low compared to bigger cities, El Cerrito remains a popular choice for many looking to move into the Bay Area.