Housing costs in Burbank?
A typical home costs
$726,600, which is 114.9% more expensive than the national average of
$338,100 and 0.9% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Burbank costs
$2,120 per month, which is 1.4% cheaper than the national average of
$2,150 and 8.5% cheaper than the state average of
$2,300.
Can I afford Burbank?
To live comfortably in Burbank (zip 91502), California, a minimum annual income of
$139,320 for a family, and
$66,800 for a single person is recommended.
What does A.I. say about Burbank?
The cost of living in 91502 Burbank, CA is relatively high compared to other areas in the United States. Housing costs are particularly expensive, with median home prices close to $700,000. The average rental price for a one-bedroom apartment is around $2,200 per month. Groceries and food prices are also quite high due to the high cost of living in the area. Additionally, utilities can be expensive due to California's strict environmental regulations. In conclusion, the cost of living in 91502 Burbank, CA is relatively high and should be taken into consideration when budgeting for expenses.