Housing costs in Monterey Park Tract?
A typical home costs
$379,200, which is 12.2% more expensive than the national average of
$338,100 and 48.3% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Monterey Park Tract costs
$1,280 per month, which is 10.5% cheaper than the national average of
$1,430 and 68.0% cheaper than the state average of
$2,150.
Can I afford Monterey Park Tract?
To live comfortably in Monterey Park Tract, California, a minimum annual income of
$72,720 for a family, and
$40,400 for a single person is recommended.
What does A.I. say about Monterey Park Tract?
The cost of living in Monterey Park Tract, CA is quite reasonable. Groceries, housing costs, and utilities are all lower than the U.S. national average. The median home price in Monterey Park Tract is about $725,000 which is slightly higher than the Los Angeles County average but still relatively affordable when compared to other areas of California. Despite its affordability, the area still offers a variety of amenities such as shopping centers, entertainment venues, and restaurants that provide residents with plenty of options for leisure activities. Additionally, the public transportation system in Monterey Park Tract is excellent with easy access to bus lines and rail stations that can take you throughout Los Angeles County quickly and easily. All in all, the cost of living in Monterey Park Tract makes it an attractive option for people looking to live near an urban center without paying an exorbitant price.