Housing costs in Independence?
A typical home costs
$298,900, which is 11.6% less expensive than the national average of
$338,100 and 59.3% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Independence costs
$1,210 per month, which is 15.4% cheaper than the national average of
$1,430 and 77.7% cheaper than the state average of
$2,150.
Can I afford Independence?
To live comfortably in Independence, California, a minimum annual income of
$57,240 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Independence?
Independence, CA is an affordable place to live. The cost of living index is listed as 84.4, which is below the national average of 100. With a median household income of around $45,000, residents find it easy to get by without too much stress on their budget. Housing costs are relatively low with the median home value being around $185,000 compared to the national average of $217,600. Utilities and transportation costs are also lower than the national averages. All in all, Independence provides a good balance between affordability and quality of life for its residents.