Housing costs in Portola Valley?
A typical home costs
$3,689,000, which is 991.1% more expensive than the national average of
$338,100 and 402.9% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Portola Valley costs
$3,340 per month, which is 55.3% more than the national average of
$2,150 and 18.6% more than the state average of
$2,720.
Can I afford Portola Valley?
To live comfortably in Portola Valley (zip 94028), California, a minimum annual income of
$706,680 for a family, and
$111,600 for a single person is recommended.
What does A.I. say about Portola Valley?
The cost of living in 94028 Portola Valley, CA is expensive. The median household income is nearly twice the national average, and the median home price is over a million dollars. Rent can be high as well, with two-bedroom apartments averaging around $3000 a month. Groceries, utilities, and transportation are all more expensive than in other parts of the country. Despite these higher costs, people come to this area for its beautiful scenery and relatively low crime rate.