Housing costs in Berkeley?
A typical home costs
$1,601,800, which is 373.8% more expensive than the national average of
$338,100 and 118.4% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Berkeley costs
$2,560 per month, which is 19.1% more than the national average of
$2,150 and 6.3% cheaper than the state average of
$2,720.
Can I afford Berkeley?
To live comfortably in Berkeley (zip 94707), California, a minimum annual income of
$307,080 for a family, and
$84,000 for a single person is recommended.
What does A.I. say about Berkeley?
Berkeley, CA (94707) is a city with an incredibly high cost of living compared to the US average. The median value of homes in the area is $1.6018e+006, far above the US average of $338,100. This reflects the higher cost of living in 94707, which is measured at 285.3, much higher than the US average of 100. With such high housing prices and cost of living figures, it's essential for those looking to live in Berkeley to budget carefully and consider their finances before relocating to this expensive city.