Housing costs in Cerritos?
A typical home costs
$970,700, which is 187.1% more expensive than the national average of
$338,100 and 32.3% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Cerritos costs
$3,280 per month, which is 52.6% more than the national average of
$2,150 and 29.9% more than the state average of
$2,300.
Can I afford Cerritos?
To live comfortably in Cerritos (zip 90703), California, a minimum annual income of
$186,120 for a family, and
$103,200 for a single person is recommended.
What does A.I. say about Cerritos?
The cost of living in 90703 Cerritos, CA is quite high. The median home value is $597,600, which is well above the national average. Additionally, the median household income is also higher than the national average at $85,133 making it one of the most expensive areas in California. Groceries and utilities are slightly higher than the average for California and transportation costs are about average. However, there are still some great deals to be found in this luxurious city, such as lower gas prices and cheaper housing options in neighborhoods like Artesia or La Palma.