Housing costs in Berkeley?
A typical home costs
$1,557,100, which is 360.5% more expensive than the national average of
$338,100 and 112.3% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Berkeley costs
$3,540 per month, which is 64.7% more than the national average of
$2,150 and 23.2% more than the state average of
$2,720.
Can I afford Berkeley?
To live comfortably in Berkeley (zip 94708), California, a minimum annual income of
$298,440 for a family, and
$116,000 for a single person is recommended.
What does A.I. say about Berkeley?
The cost of living in Berkeley, California (94708) is 263.8, significantly higher than the US average cost of living which is 100. This is reflected in the median house value in Berkeley at $1.5571e+006, more than 4 times higher than the US average house value of $338,100. Homeowners looking to buy into this market should be prepared for the high costs associated with it and make sure their finances can handle such a large investment.