Housing costs in Woodcrest?
A typical home costs
$618,400, which is 82.9% more expensive than the national average of
$338,100 and 15.7% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Woodcrest costs
$2,170 per month, which is 51.7% more than the national average of
$1,430 and close to the state average of
$2,150.
Can I afford Woodcrest?
To live comfortably in Woodcrest, California, a minimum annual income of
$118,440 for a family, and
$69,200 for a single person is recommended.
What does A.I. say about Woodcrest?
Woodcrest, CA is an expensive place to live. The average cost of a home in Woodcrest is over $500,000, making it one of the most expensive areas in the country. However, due to the high incomes in the area and its proximity to Los Angeles and other major cities, many people are willing to pay the high price for living in such an affluent area. Additionally, the cost of goods and services is higher than most places due to the demand from wealthy residents and businesses. Rent costs can be quite steep as well; a two-bedroom apartment averages around $2,500 per month. Though not all prices are so hefty; dining out and entertainment costs tend to be lower than other parts of California. All in all, Woodcrest's cost of living is high but not unmanageable for those who are prepared to make it work.