Housing costs in Silver Lakes?
A typical home costs
$317,000, which is 6.2% less expensive than the national average of
$338,100 and 56.8% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Silver Lakes costs
$1,900 per month, which is 32.9% more than the national average of
$1,430 and 13.2% cheaper than the state average of
$2,150.
Can I afford Silver Lakes?
To live comfortably in Silver Lakes, California, a minimum annual income of
$60,840 for a family, and
$60,800 for a single person is recommended.
What does A.I. say about Silver Lakes?
The cost of living in Silver Lakes, CA is relatively high compared to other cities in California. Housing costs are significantly higher than those in the rest of the state, with an average home price well above the median for California. Meanwhile, groceries and utilities tend to be slightly pricier than the state average. However, Silver Lakes' plentiful amenities—from its beautiful parks and beaches to its excellent restaurants and shops—make it worth the cost of living.