Housing costs in Morongo Valley?
A typical home costs
$337,200, which is 0.3% less expensive than the national average of
$338,100 and 54.0% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Morongo Valley costs
$1,400 per month, which is 2.1% cheaper than the national average of
$1,430 and 53.6% cheaper than the state average of
$2,150.
Can I afford Morongo Valley?
To live comfortably in Morongo Valley, California, a minimum annual income of
$64,440 for a family, and
$44,800 for a single person is recommended.
What does A.I. say about Morongo Valley?
Morongo Valley, CA is an affordable place to live compared to many other areas in the state. The median home value is around $316,000 and the median household income is around $51,500. This means that living costs remain relatively low when compared to the rest of the state. Renters can expect to pay an average of $1,286 for a one-bedroom apartment and $1,590 for a two bedroom. Groceries are reasonably priced and dining out is not too expensive either. Overall, Morongo Valley provides excellent value for money when it comes to cost of living.