Housing costs in Murphys?
A typical home costs
$494,100, which is 46.1% more expensive than the national average of
$338,100 and 32.6% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Murphys costs
$1,400 per month, which is 2.1% cheaper than the national average of
$1,430 and 53.6% cheaper than the state average of
$2,150.
Can I afford Murphys?
To live comfortably in Murphys (zip 95247), California, a minimum annual income of
$94,680 for a family, and
$44,800 for a single person is recommended.
What does A.I. say about Murphys?
The cost of living in 95247 Murphys, CA is generally quite high compared to other areas in California. The average home price is around $600,000, with some homes going for as much as $1 million or more. Rent prices are also relatively high with the median rent sitting at around $2,000 per month. Groceries and other basic necessities are also pricier than in other parts of the state, so it's important to factor that into your budget when considering a move to this area. Taxes are also higher than some other parts of California due to its close proximity to San Francisco and Silicon Valley. All in all, the cost of living in 95247 Murphys, CA can be quite expensive but the quality of life makes up for it if you can afford it.