Housing costs in Elk Grove?
A typical home costs
$597,800, which is 76.8% more expensive than the national average of
$338,100 and 18.5% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Elk Grove costs
$2,140 per month, which is 49.7% more than the national average of
$1,430 and close to the state average of
$2,150.
Can I afford Elk Grove?
To live comfortably in Elk Grove, California, a minimum annual income of
$114,480 for a family, and
$68,400 for a single person is recommended.
What does A.I. say about Elk Grove?
Elk Grove has also been found to have an affordable cost of living when compared with other California cities; median house values rest at around $400K while rent for a one bedroom runs anywhere from $875-1100 per month depending on area or building type chosen. Food prices are generally comparable to those found throughout California while taxes remain lower than some nearby municipalities due to Elk Grove’s status as an unincorporated city outside Sacramento County limits.