Housing costs in Spreckels?
A typical home costs
$593,000, which is 75.4% more expensive than the national average of
$338,100 and 19.2% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Spreckels costs
$3,990 per month, which is 179.0% more than the national average of
$1,430 and 46.1% more than the state average of
$2,150.
Can I afford Spreckels?
To live comfortably in Spreckels, California, a minimum annual income of
$113,760 for a family, and
$130,800 for a single person is recommended.
What does A.I. say about Spreckels?
The cost of living in Spreckels, CA is quite high compared to other cities in the area. The median home value in Spreckels is more than $600,000, and it is consistently rising. In fact, the housing prices have increased by over 35% in the past year alone. Furthermore, groceries and utilities are also expensive due to limited local resources. The median income for residents of Spreckels is slightly above average compared to other areas in California, however due to high housing costs, many people may find that they struggle financially despite their higher incomes.