Housing costs in Monterey?
A typical home costs
$871,600, which is 157.8% more expensive than the national average of
$338,100 and 18.8% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Monterey costs
$2,700 per month, which is 25.6% more than the national average of
$2,150 and close to the state average of
$2,680.
Can I afford Monterey?
To live comfortably in Monterey (zip 93943), California, a minimum annual income of
$167,040 for a family, and
$88,400 for a single person is recommended.
What does A.I. say about Monterey?
The cost of living in 93943 Monterey, CA is relatively high compared to other areas. The median home price in this area is around $875,000 and the median rent for a one-bedroom apartment is $2,617. In addition, transportation costs can be higher than average due to the distance from larger cities such as San Francisco and Los Angeles. Despite these costs, Monterey has a lot to offer with its scenic beauty and bustling coastal city life.