Housing costs in Monrovia?
A typical home costs
$869,300, which is 157.1% more expensive than the national average of
$338,100 and 18.5% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Monrovia costs
$2,260 per month, which is 58.0% more than the national average of
$1,430 and 4.9% more than the state average of
$2,150.
Can I afford Monrovia?
To live comfortably in Monrovia, California, a minimum annual income of
$166,680 for a family, and
$71,200 for a single person is recommended.
What does A.I. say about Monrovia?
The cost of living in Monrovia, CA is on the higher side compared to other areas in California. The average home price in Monrovia is $889,500, which is much higher than the state median of $552,800. Additionally, the overall cost of living index for Monrovia is 123.5, which is significantly higher than the national average of 100. Other factors such as groceries and utilities also contribute to an increased cost of living in this area. Even so, many people choose to live in Monrovia due to its small-town feel and close proximity to Los Angeles and Pasadena.