Housing costs in San Mateo?
A typical home costs
$1,488,500, which is 340.3% more expensive than the national average of
$338,100 and 102.9% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in San Mateo costs
$3,190 per month, which is 123.1% more than the national average of
$1,430 and 32.6% more than the state average of
$2,150.
Can I afford San Mateo?
To live comfortably in San Mateo Califor County, California, a minimum annual income of
$285,120 for a family, and
$106,800 for a single person is recommended.
What does A.I. say about San Mateo?
The cost of living in San Mateo, CA County is much higher than the national average. According to data, San Mateo's cost of living index is 250 compared to the US average of 100. This means that housing costs in San Mateo are also significantly higher than elsewhere in the country, with a median house value of $1.4885e+006 compared to the US average of $338,100. This higher cost of living reflects its status as a highly desirable community with excellent schools, access to job opportunities, and plenty of activities and entertainment options.