Housing costs in Palos Verdes Estates?
A typical home costs
$2,572,700, which is 660.9% more expensive than the national average of
$338,100 and 250.7% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Palos Verdes Estates costs
$3,250 per month, which is 127.3% more than the national average of
$1,430 and 33.8% more than the state average of
$2,150.
Can I afford Palos Verdes Estates?
To live comfortably in Palos Verdes Estates, California, a minimum annual income of
$492,840 for a family, and
$102,000 for a single person is recommended.
What does A.I. say about Palos Verdes Estates?
The cost of living in Palos Verdes Estates, CA is quite high compared to the national average. The median home price in the city is around $2.3 million, which is significantly higher than many other parts of the country. Additionally, the median household income is also much higher than average, at $180,000 per year. Groceries and other basic costs are also expensive in comparison with most parts of the US. All of these factors contribute to a generally high cost of living in Palos Verdes Estates compared to the national average.