Housing costs in Lake Nacimiento?
A typical home costs
$455,400, which is 34.7% more expensive than the national average of
$338,100 and 37.9% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Lake Nacimiento costs
$1,880 per month, which is 31.5% more than the national average of
$1,430 and 14.4% cheaper than the state average of
$2,150.
Can I afford Lake Nacimiento?
To live comfortably in Lake Nacimiento, California, a minimum annual income of
$87,120 for a family, and
$57,200 for a single person is recommended.
What does A.I. say about Lake Nacimiento?
Living in Lake Nacimiento, CA can be expensive. The cost of living is higher than the national average and housing costs are particularly high. According to BestPlaces, the overall cost of living index for Lake Nacimiento is 106.2, which is 6.2% higher than the U.S. average. Rent in particular is on the rise with an average one bedroom apartment costing around $1400 per month and a two bedroom going for around $1800 per month. Transportation expenses such as gas, insurance and car maintenance also adds up quickly in this area due to its rural location and lack of public transportation services. Eating out can also be quite expensive in Lake Nacimiento with a three-course meal for two people at a mid-range restaurant running an average of $60. Despite these higher prices, many choose to live here due to its picturesque landscapes and close proximity to popular hiking trails and beaches that make it worth the extra expense.