Housing costs in San Mateo?
A typical home costs $1,378,900
, which is 307.8% more expensive than the national average of $338,100
and 88.0% more expensive than the average California home, at $733,500
. Renting a two-bedroom unit in San Mateo costs $3,740
per month, which is 161.5% more than the national average of $1,430
and 42.5% more than the state average of $2,150
Can I afford San Mateo?
To live comfortably in San Mateo, California, a minimum annual income of $264,240
for a family, and $125,200
for a single person is recommended.
What does A.I. say about San Mateo?
San Mateo serves up one of California's more attractive options for budget-friendly living found somewhere within its San Francisco Bay Area boasting plenty of features without adversely impacting pocketbooks too heavily. Median home values come in around $880K and renting usually arrives close by at roughly half that amount each month depending upon desired amenities - significantly lower compared to other parts of the Golden State like Palo Alto or Mountain View which are located closer towards the western coast. Grocery stores furthermore hover slightly below US levels due largely to local taxes & regulations while sales tax remains unaltered at 9%.