Housing costs in Toro Canyon?
A typical home costs
$2,540,400, which is 651.4% more expensive than the national average of
$338,100 and 246.3% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Toro Canyon costs
$3,330 per month, which is 132.9% more than the national average of
$1,430 and 35.4% more than the state average of
$2,150.
Can I afford Toro Canyon?
To live comfortably in Toro Canyon, California, a minimum annual income of
$486,720 for a family, and
$117,600 for a single person is recommended.
What does A.I. say about Toro Canyon?
Living in Toro Canyon, CA can be expensive. The median home price is more than $1 million, which makes it one of the most expensive places to live in California. Renters also face high prices as the median rent for a two-bedroom apartment is almost $4,000 per month. Property taxes are also higher than average and residents have to pay an additional 2% tax on gasoline purchases due to the transportation tax. Despite the cost of living, Toro Canyon offers its residents a unique lifestyle with access to beautiful beaches, mountains, and other outdoor activities.