Housing costs in Penngrove?
A typical home costs
$1,100,700, which is 225.6% more expensive than the national average of
$338,100 and 50.1% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Penngrove costs
$1,960 per month, which is 37.1% more than the national average of
$1,430 and 9.7% cheaper than the state average of
$2,150.
Can I afford Penngrove?
To live comfortably in Penngrove, California, a minimum annual income of
$210,960 for a family, and
$59,600 for a single person is recommended.
What does A.I. say about Penngrove?
The cost of living in Penngrove, CA is relatively high compared to other areas. The median home value for Penngrove is $639,700 as of April 2019, while the median list price for houses is $835,000. This is higher than the county average of $596,100 and the state average of $649,400. Rent prices can also be quite high with the average rent for a two-bedroom apartment at around $2,300 per month. While this might seem expensive to some people, many residents are drawn by the excellent quality of life and relative safety that living in Penngrove provides.