Housing costs in Rancho Mirage?
A typical home costs
$840,900, which is 148.7% more expensive than the national average of
$338,100 and 14.6% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Rancho Mirage costs
$1,710 per month, which is 19.6% more than the national average of
$1,430 and 25.7% cheaper than the state average of
$2,150.
Can I afford Rancho Mirage?
To live comfortably in Rancho Mirage, California, a minimum annual income of
$161,280 for a family, and
$54,800 for a single person is recommended.
What does A.I. say about Rancho Mirage?
The cost of living in Rancho Mirage, CA is quite high. The median home price in the area is around $550,000 and rent prices can range from $1,100 to up to $3,500 a month. Groceries and other everyday items tend to be more expensive due to the higher cost of living. The city also has a higher than average sales tax rate. Despite these factors, people who choose to live in Rancho Mirage are afforded access to many great amenities including excellent schools, shopping, golf courses, and outdoor activities like hiking and biking trails.