Housing costs in Lower Lake?
A typical home costs
$383,400, which is 13.4% more expensive than the national average of
$338,100 and 47.7% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Lower Lake costs
$1,140 per month, which is 20.3% cheaper than the national average of
$1,430 and 88.6% cheaper than the state average of
$2,150.
Can I afford Lower Lake?
To live comfortably in Lower Lake, California, a minimum annual income of
$73,440 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Lower Lake?
The cost of living in Lower Lake, CA is relatively low. The median home cost in the area is just over $200,000, which is much lower than the median home cost for California as a whole at around $500,000. Additionally, the average monthly rent for an apartment is about $1,150 which is lower than state averages. Other costs like groceries and utilities are also lower than the state averages. With all of this taken into account, Lower Lake boasts some of the most affordable living options in the entire state of California.