Housing costs in Beverly Hills?
A typical home costs
$2,201,300, which is 551.1% more expensive than the national average of
$338,100 and 200.1% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Beverly Hills costs
$2,980 per month, which is 38.6% more than the national average of
$2,150 and 22.8% more than the state average of
$2,300.
Can I afford Beverly Hills?
To live comfortably in Beverly Hills (zip 90211), California, a minimum annual income of
$421,920 for a family, and
$93,600 for a single person is recommended.
What does A.I. say about Beverly Hills?
The cost of living in 90211 Beverly Hills, CA is one of the highest in the United States. It has been estimated that the average household will need to earn an income of around $150,000 per year to maintain a decent standard of living. The median home price in this area is around $2 million, and the average rental for a two-bedroom apartment can reach up to $7,000 per month. Utility costs also tend to be expensive in this area due to its location near Los Angeles and its large number of residents. For those who are able to afford it, however, there are many great amenities that come with living in 90211 Beverly Hills including access to world-class entertainment and shopping opportunities as well as beautiful beaches and parks nearby.