Housing costs in Alamo?
A typical home costs
$2,420,000, which is 615.8% more expensive than the national average of
$338,100 and 229.9% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Alamo costs
$3,530 per month, which is 64.2% more than the national average of
$2,150 and 22.9% more than the state average of
$2,720.
Can I afford Alamo?
To live comfortably in Alamo (zip 94507), California, a minimum annual income of
$463,680 for a family, and
$115,600 for a single person is recommended.
What does A.I. say about Alamo?
Living in 94507 Alamo, CA is much more expensive than the national average. The median value of a house in this area is around $2.42e+006, more than seven times higher than the US average of $338,100. Similarly, the cost of living in 94507 Alamo, CA is 322.9 compared to the US average of 100, making it more than three times higher than the national average. It's clear that living in 94507 Alamo, CA will require a larger budget than many other parts of the country due to the high cost of housing and other expenses.