Housing costs in Murphys?
A typical home costs
$499,700, which is 47.8% more expensive than the national average of
$338,100 and 31.9% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Murphys costs
$1,410 per month, which is 1.4% cheaper than the national average of
$1,430 and 52.5% cheaper than the state average of
$2,150.
Can I afford Murphys?
To live comfortably in Murphys, California, a minimum annual income of
$95,760 for a family, and
$45,200 for a single person is recommended.
What does A.I. say about Murphys?
The cost of living in Murphys, CA is slightly higher than the national average due to its location and popularity as a tourist destination. However, it is still affordable compared to other nearby towns and cities. Rent prices are reasonable, with an average price for a two-bedroom apartment at around $1,400 per month. Groceries are also relatively inexpensive, with the average cost for a dozen eggs being just under $3. There are plenty of restaurants to choose from that offer reasonably priced meals. All in all, Murphys is an affordable place to live even with its slightly higher cost of living than the national average.