Housing costs in San Luis Obispo?
A typical home costs
$965,700, which is 185.6% more expensive than the national average of
$338,100 and 31.7% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in San Luis Obispo costs
$2,310 per month, which is 7.4% more than the national average of
$2,150 and 10.8% more than the state average of
$2,060.
Can I afford San Luis Obispo?
To live comfortably in San Luis Obispo (zip 93401), California, a minimum annual income of
$185,040 for a family, and
$70,000 for a single person is recommended.
What does A.I. say about San Luis Obispo?
The cost of living in 93401 San Luis Obispo, CA is significantly higher than the national average, with the median home prices for a single family dwelling being approximately $560,000. The cost of groceries is also higher than the national average, while utilities are slightly cheaper than the national average. Despite this higher cost of living, San Luis Obispo has managed to maintain its small town charm by implementing strict zoning laws and preserving much of its historic architecture. Though it may be slightly more expensive, many people find that living in 93401 San Luis Obispo is worth the added expense thanks to its natural beauty and easy access to recreational activities.