Housing costs in Monte Rio?
A typical home costs
$837,600, which is 147.7% more expensive than the national average of
$338,100 and 14.2% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Monte Rio costs
$1,860 per month, which is 13.5% cheaper than the national average of
$2,150 and 21.0% cheaper than the state average of
$2,250.
Can I afford Monte Rio?
To live comfortably in Monte Rio (zip 95486), California, a minimum annual income of
$160,560 for a family, and
$56,400 for a single person is recommended.
What does A.I. say about Monte Rio?
Living in 95486 Monte Rio, CA can be surprisingly affordable - especially when compared to other parts of the country. The median home value in Monte Rio is just $430,900 which is much lower than the national average of $231,200. Additionally, the cost of living index in Monte Rio is nearly 7% lower than the U.S average, meaning that groceries, housing costs, utilities and more are all generally cheaper than they would be elsewhere in the nation. Moreover, with a median household income of $71,838 - which is far higher than the national median of $60,293 - many people find themselves able to live comfortably on their salaries while still having enough left over for leisure activities or savings.