Housing costs in Rainbow?
A typical home costs
$609,400, which is 80.2% more expensive than the national average of
$338,100 and 16.9% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Rainbow costs
$1,890 per month, which is 32.2% more than the national average of
$1,430 and 13.8% cheaper than the state average of
$2,150.
Can I afford Rainbow?
To live comfortably in Rainbow, California, a minimum annual income of
$116,640 for a family, and
$59,200 for a single person is recommended.
What does A.I. say about Rainbow?
Rainbow, CA has an affordable cost of living compared to other cities in the surrounding area. The overall cost of living index is 6% lower than the national average, with housing costs being 11% lower than the rest of the country. Groceries, utilities, and transportation are all cheaper than average as well. This makes Rainbow a great place for those looking for a lower cost of living without sacrificing the comforts of city life.