Housing costs in Santa Maria-Santa Barbara?
A typical home costs
$863,600, which is 155.4% more expensive than the national average of
$338,100 and 17.7% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Santa Maria-Santa Barbara costs
$2,670 per month, which is 86.7% more than the national average of
$1,430 and 19.5% more than the state average of
$2,150.
Can I afford Santa Maria-Santa Barbara?
To live comfortably in Santa Maria-Santa Barbara Califor Metro Area, California, a minimum annual income of
$165,600 for a family, and
$94,000 for a single person is recommended.
What does A.I. say about Santa Maria-Santa Barbara?
The cost of living in Santa Maria-Santa Barbara, CA Metro Area is significantly higher than the US average. According to the data provided, the median house value in this area is $863,600, which is more than double the US average of $338,100. Moreover, the Cost of Living Index for this region comes to 153.3 compared to the US average of 100 - meaning that it is nearly 50% higher than other parts of the country. This could be attributed to factors such as a higher demand for housing and rising rent costs due to population growth and increased job opportunities in this area.