Housing costs in Simi Valley?
A typical home costs
$784,100, which is 131.9% more expensive than the national average of
$338,100 and 6.9% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Simi Valley costs
$2,960 per month, which is 37.7% more than the national average of
$2,150 and 17.9% more than the state average of
$2,430.
Can I afford Simi Valley?
To live comfortably in Simi Valley (zip 93065), California, a minimum annual income of
$150,120 for a family, and
$97,600 for a single person is recommended.
What does A.I. say about Simi Valley?
The cost of living in 93065 Simi Valley, CA is relatively high compared to the rest of the state. The median home value in this zip code is $595,400, with an estimated monthly housing cost of $2,917 per month. This is significantly higher than the California average, which sits at around $1,818 per month. Additionally, goods and services are typically more expensive due to the zip code's location close to Los Angeles. Groceries are roughly 2% more expensive than the national average, and utilities are about 8% higher than average as well. Despite these costs associated with living in this area, many people find it worth it for its proximity to job opportunities and recreational activities that make the area desirable.