Housing costs in Parkwood?
A typical home costs
$211,000, which is 37.6% less expensive than the national average of
$338,100 and 71.2% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Parkwood costs
$1,270 per month, which is 11.2% cheaper than the national average of
$1,430 and 69.3% cheaper than the state average of
$2,150.
Can I afford Parkwood?
To live comfortably in Parkwood, California, a minimum annual income of
$40,320 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Parkwood?
Living in Parkwood, CA can be quite expensive compared to other areas in California. The median home value is over $550,000 and the cost of living index is 153, which is much higher than the national average. Renting an apartment in Parkwood can easily exceed $2,000 a month. Groceries and utilities are also more expensive than the national average. Shopping for clothing and other goods can be even pricier than usual due to the area's high-end stores and affluent residents. Although living in Parkwood may be expensive, its close proximity to top employers makes it an attractive option for those seeking employment opportunities.