Housing costs in South Monrovia Island?
A typical home costs
$625,200, which is 84.9% more expensive than the national average of
$338,100 and 14.8% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in South Monrovia Island costs
$2,350 per month, which is 64.3% more than the national average of
$1,430 and 8.5% more than the state average of
$2,150.
Can I afford South Monrovia Island?
To live comfortably in South Monrovia Island, California, a minimum annual income of
$119,880 for a family, and
$74,000 for a single person is recommended.
What does A.I. say about South Monrovia Island?
South Monrovia Island, CA is known for its expensive cost of living. With an average home price of $1,185,000, the median household income is estimated to be around $89,700. This high cost of living is driven by the high demand for real estate and the proximity to Los Angeles. Grocery prices are also higher than the national average, with a wide variety of stores offering organic and specialty items. Public transportation on the island is limited but there are plans to expand it in the near future. Additionally, taxes are relatively high compared to other parts of California. Despite its expensive cost of living, South Monrovia Island remains popular among those seeking a luxurious lifestyle and access to some of the best beaches and entertainment in Southern California.