Housing costs in Newport Beach?
A typical home costs
$2,684,200, which is 693.9% more expensive than the national average of
$338,100 and 265.9% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Newport Beach costs
$3,370 per month, which is 135.7% more than the national average of
$1,430 and 36.2% more than the state average of
$2,150.
Can I afford Newport Beach?
To live comfortably in Newport Beach, California, a minimum annual income of
$514,440 for a family, and
$112,000 for a single person is recommended.
What does A.I. say about Newport Beach?
Newport Beach offers up an appealing option for costlier living based somewhere inside California’s Orange County boasting plenty of features without too heavily impacting your wallet. Median housing values come in around the high-$1000s and renting usually lands close by upwards of 5 thousand dollars respectively - both noticeably higher compared to shore line places like Laguna Beach or San Clemente located much deeper down southeastward. Grocery stores similarly stay almost equal with United States levels due largely to local taxes & regulations while sales tax equates out unaltered at no less than 7%.