Housing costs in Irvine?
A typical home costs
$1,016,200, which is 200.6% more expensive than the national average of
$338,100 and 38.5% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Irvine costs
$3,120 per month, which is 45.1% more than the national average of
$2,150 and 26.3% more than the state average of
$2,300.
Can I afford Irvine?
To live comfortably in Irvine (zip 92604), California, a minimum annual income of
$194,760 for a family, and
$104,000 for a single person is recommended.
What does A.I. say about Irvine?
The cost of living in 92604 Irvine, CA is very high, especially when compared to other parts of the state. The median home value is roughly $720,000 and the median rent price for a one-bedroom apartment is typically around $2,150 per month. Utilities like electricity and gas are also relatively expensive due to the city's hot climate. Groceries can be quite costly as well, with the average weekly grocery bill coming out to around $100. All in all, 92604 Irvine is not a cheap place to live, but its many attractions and amenities make it worth it for those who call it home.