
Housing costs in Santa Margarita?
A typical home costs
$879,900, which is 160.2% more expensive than the national average of
$338,100 and 20.0% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Santa Margarita costs
$1,730 per month, which is 21.0% more than the national average of
$1,430 and 24.3% cheaper than the state average of
$2,150.
Can I afford Santa Margarita?
To live comfortably in Santa Margarita, California, a minimum annual income of
$168,480 for a family, and
$52,400 for a single person is recommended.
What does A.I. say about Santa Margarita?
The cost of living in Santa Margarita, CA is relatively high compared to the national average. The median home value is $521,100, which is more than double the median home value for all of California. The median household income is approximately $76,000 and the median rent is around $1,200 per month. The cost of basics such as food and utilities are higher than average as well. Despite this, many people choose to live in Santa Margarita due to its excellent quality of life and abundant recreational activities.