Housing costs in Millbrae?
A typical home costs
$1,803,500, which is 433.4% more expensive than the national average of
$338,100 and 145.9% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Millbrae costs
$3,850 per month, which is 169.2% more than the national average of
$1,430 and 44.2% more than the state average of
$2,150.
Can I afford Millbrae?
To live comfortably in Millbrae, California, a minimum annual income of
$345,600 for a family, and
$128,800 for a single person is recommended.
What does A.I. say about Millbrae?
Millbrae, CA is known for its high cost of living. The median home price in the city is approximately $1.3 million, which is well above the national average and indicates that housing costs are among the highest in the region. Transportation costs are also higher than average due to Millbrae's close proximity to San Francisco and Silicon Valley; commuting expenses can be steep. In addition, taxes are on the higher end compared to other cities in California, presenting an additional burden on residents. Nevertheless, many people still choose to live in Millbrae for its excellent quality of life and proximity to nearby attractions like Golden Gate Park and Fisherman’s Wharf.