Housing costs in Grand Terrace?
A typical home costs
$492,000, which is 45.5% more expensive than the national average of
$338,100 and 32.9% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Grand Terrace costs
$1,770 per month, which is 23.8% more than the national average of
$1,430 and 21.5% cheaper than the state average of
$2,150.
Can I afford Grand Terrace?
To live comfortably in Grand Terrace, California, a minimum annual income of
$94,320 for a family, and
$56,400 for a single person is recommended.
What does A.I. say about Grand Terrace?
Grand Terrace, CA is known for its affordability when it comes to the cost of living. According to BestPlaces, the average monthly rent for a one bedroom apartment in the city is approximately $1,074. Additionally, the local grocery prices are considered to be lower than average compared to other parts of California. Furthermore, transportation costs are also relatively low due to Grand Terrace’s close proximity to larger cities like Los Angeles and San Bernardino. All in all, Grand Terrace is an affordable place where most people can find an accessible lifestyle with everyday necessities at reasonable prices.