Housing costs in Los Altos?
A typical home costs
$3,727,700, which is 1,002.5% more expensive than the national average of
$338,100 and 408.2% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Altos costs
$4,130 per month, which is 188.8% more than the national average of
$1,430 and 47.9% more than the state average of
$2,150.
Can I afford Los Altos?
To live comfortably in Los Altos, California, a minimum annual income of
$714,240 for a family, and
$141,200 for a single person is recommended.
What does A.I. say about Los Altos?
The cost of living in Los Altos, CA is quite high. The median home value in the city is over $2.8 million, which makes it one of the most expensive places to live in the United States. Rent prices are also very high, with a one-bedroom apartment typically costing around $2,500 a month. Groceries and other everyday items can be more expensive than in other parts of the state due to the higher cost of living. However, many people choose to live in Los Altos because of its excellent schools and close proximity to Silicon Valley.