Housing costs in California?
A typical home costs
$733,500, which is 116.9% more expensive than the national average of
$338,100 and 0.0% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in California costs
$2,150 per month, which is 50.3% more than the national average of
$1,430 and close to the state average of
$2,150.
Can I afford California?
To live comfortably in California, a minimum annual income of
$140,400 for a family, and
$69,200 for a single person is recommended.
What does A.I. say about California?
The cost of living in California State is fairly high compared to other states. The cost of housing, groceries, healthcare, and transportation are all more expensive than the national average. It's not uncommon to find rent prices that are much higher than in other parts of the country and grocery prices can often be double what they would be elsewhere. Healthcare costs also tend to increase in California due to the high demand for services, while transportation may be more expensive as well due to its large population size and traffic congestion. Despite these higher costs, many people are still attracted to the state for its beautiful landscape and warm climate.