Housing costs in Fair Oaks?
A typical home costs
$575,100, which is 70.1% more expensive than the national average of
$338,100 and 21.6% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Fair Oaks costs
$1,890 per month, which is 32.2% more than the national average of
$1,430 and 13.8% cheaper than the state average of
$2,150.
Can I afford Fair Oaks?
To live comfortably in Fair Oaks, California, a minimum annual income of
$110,160 for a family, and
$60,000 for a single person is recommended.
What does A.I. say about Fair Oaks?
The cost of living in Fair Oaks, CA is on the higher side compared to other parts of the country. According to BestPlaces, the cost of living index in Fair Oaks, CA is 97.03, which is 17% higher than the national average. Housing prices are especially high in Fair Oaks, with the median listing price for a home being $527,000 as of 2020. Groceries and utilities also tend to be more expensive than other areas. Transportation costs are slightly lower than the national average however, with public transportation and gas prices being relatively reasonable compared to most major cities. Overall, living in Fair Oaks can be pricey but the quality of life often outweighs these additional expenses for many people looking to live in this area.