Housing costs in Homestead Valley?
A typical home costs
$177,300, which is 47.6% less expensive than the national average of
$338,100 and 75.8% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Homestead Valley costs
$1,390 per month, which is 2.8% cheaper than the national average of
$1,430 and 54.7% cheaper than the state average of
$2,150.
Can I afford Homestead Valley?
To live comfortably in Homestead Valley, California, a minimum annual income of
$33,840 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Homestead Valley?
The cost of living in Homestead Valley, CA is relatively low compared to other parts of California. Although housing prices are slightly higher than the national average, overall, they remain relatively affordable. The average cost of a three-bedroom home is around $400,000 while the median household income is approximately $72,000 annually. The taxes are also reasonable and there is no state income tax. Additionally, there are plenty of grocery stores, shops, and restaurants that offer affordable prices for residents living in the area. Overall, Homestead Valley remains an attractive place to live due to its reasonable cost of living and amenities for its residents.