Housing costs in Big Bear Lake?
A typical home costs
$601,800, which is 78.0% more expensive than the national average of
$338,100 and 18.0% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Big Bear Lake costs
$1,340 per month, which is 37.7% cheaper than the national average of
$2,150 and 30.6% cheaper than the state average of
$1,750.
Can I afford Big Bear Lake?
To live comfortably in Big Bear Lake (zip 92315), California, a minimum annual income of
$115,200 for a family, and
$42,800 for a single person is recommended.
What does A.I. say about Big Bear Lake?
The cost of living in 92315 Big Bear Lake, CA is relatively low compared to other areas of the state. According to BestPlaces's Cost of Living Index, the Big Bear Lake area has an index score of 64.3, which is much lower than California's average score of 123.8. The prices for groceries and consumer goods are also much lower than in other parts of the state. Additionally, housing costs are more affordable compared to other areas, with a median home value of $297,920 and median rent prices at around $1,135 per month. All these factors make Big Bear Lake an attractive option for potential residents looking for an affordable area where they can live comfortably on a budget.